5175 Caliente Street 121, Las Vegas, NV 89119, Las Vegas, 89119 - 2 bed, 2 bath
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Las Vegas, NV 89119
This Completely Remodeled Turnkey Condo is a Strong Value Opportunity, listed at $199,000—positioned well below the $212,890 Fair Market Value by 6%. This valuation gap delivers $13,890 in Instant Equity for the incoming owner. Boasting an Excellent Condition Rating, the interior features luxury vinyl plank flooring, a remodeled kitchen with custom cabinetry, and a new AC system replaced just two years ago. Located in a gated community minutes from UNLV and the Las Vegas Strip, the property offers high rental demand and lifestyle convenience. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5175 Caliente Street 121 Subject | $197,000* List Price | 2 | 2 | 994 | $214 | - |
A 5040 Spencer Street D Sold | $220,000 | 2 | 2 | 1,000 | $220 | 0.3 mi |
B 5219 Caliente Street 11 Sold | $217,000 | 2 | 2 | 994 | $218 | 0.1 mi |
C 5219 Caliente Street 11 Sold | $217,000 | 2 | 2 | 994 | $218 | 0.1 mi |
D 1751 E Reno Avenue 217 Sold | $199,500 | 2 | 2 | 1,164 | $171 | 0.2 mi |
E 1563 Elizabeth Avenue 4 Sold | $210,000 List Price | 2 | 1 | 1,056 | 0.4 mi | |
F 1729 Jupiter Court B Sold | $170,000 | 2 | 2 | 980 | $173 | 0.8 mi |
G 5187 Caliente Street 96 Active | $229,900 List Price | 2 | 2 | 994 | $231 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1984, the interior of this unit has been extensively and recently renovated to meet modern standards. The property features new luxury vinyl plank flooring, a completely remodeled kitchen with custom cabinetry and stainless steel appliances, and fully updated bathrooms with contemporary tile work and fixtures. Additionally, the AC system was replaced only two years ago, and the unit shows no signs of deferred maintenance, qualifying it for an excellent condition rating.
The unit is completely remodeled with modern luxury vinyl plank flooring, custom cabinetry, and stainless steel appliances, offering a move-in-ready experience for homeowners or investors.
Ideally situated near UNLV, the Las Vegas Strip, and Harry Reid International Airport, providing high rental demand and exceptional convenience for commuters.
The AC system was replaced only two years ago, providing peace of mind and reduced immediate maintenance costs in the demanding Las Vegas climate.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2942, other record lot size in square feet = 2209.
Built in 1984, the overall community infrastructure and common areas may face higher long-term maintenance needs compared to newer developments.
With under 1,000 square feet for a two-bedroom, two-bathroom layout, the interior proportions may feel restrictive for buyers seeking more spacious accommodations.
Looking for a 1st floor unit with privacy AND Completely Remodeled? Prime Location,Charming Contemporary Condo in Gated Hacienda La Caliente! Beautifully updated 2-bed, 2-bath first-floor condo featuring an open layout filled with natural light and stylish wood-look luxury vinyl plank flooring. The remodeled kitchen offers custom cabinetry, stainless-steel appliances, and modern finishes — perfect for everyday living or entertaining. Spacious bedrooms, two full baths, and in-unit laundry complete the interior, AC replaced 2 years ago. Enjoy gated access, a community pool and spa, plus assigned covered parking. Conveniently located near UNLV, Harry Reid International Airport, the Las Vegas Strip, shopping, dining, and major roadways. Move-in ready and ideal for homeowners or investors alike. (Buyer to verify all details.)
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 1.0 | 51% |
| Square foot | 994 | 892 | 71% |
| Lot Size | 2,942 | - | 84% |
| Price | $197.0K | $110.0K | 85% |
| Price per sq ft | $198 | $167 | 68% |
| Built year | 1984 | 1983 | 55% |
| HOA | $200 | $175 | 60% |
| Days on market | 64 | 1510 | 2% |
Apr 9, 2026
$197,000
$199,000
-1% Price Drop
Initial Listing
Feb 17, 2026
$199,000
Initial Listing