5196 Golden Lane K, Las Vegas, NV 89119, Las Vegas, 89119 - 2 bed, 2 bath
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Las Vegas, NV 89119
This High-Potential Investment Asset presents a High-Potential Investment Opportunity with a List Price of $150,000—positioned well below the $327,196 Fair Market Value by 54%. This massive valuation gap offers $177,196 in Instant Equity for buyers. Despite a Condition Rating of 4, the property includes rare features like a private backyard and one-car garage. Located near UNLV and the airport, it promises strong rental demand and forced appreciation potential. This is a strategic acquisition for Fix-and-Flip Investors or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5196 Golden Lane K Subject | $125,000* List Price | 2 | 2 | 1,070 | $114 | - |
A 5195 Golden Lane K Sold | $148,990 List Price | 2 | 3 | 1,070 | 0.0 mi | |
B 5248 GREENE Lane K Sold | $110,000 | 2 | 2 | 1,070 | $103 | 0.1 mi |
C 1563 Elizabeth Avenue 4 Sold | $158,000 List Price | 2 | 1 | 1,056 | 0.6 mi | |
D 5064 SPENCER Street A Sold | $110,000 | 2 | 2 | 1,000 | $110 | 0.6 mi |
E 1751 E Reno Avenue 132 Sold | $136,000 | 2 | 2 | 1,164 | $117 | 0.5 mi |
F 5414 Swenson Street 5 Active | $130,000 List Price | 2 | 2 | 862 | $151 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1977, this property is nearly 50 years old and falls into the fair category based on its age and lack of reported recent renovations. While the description notes it is well-maintained, the exterior image shows dated architectural styles, older siding, and worn asphalt. Without evidence of a full modern overhaul of the kitchen and bathrooms, the property is considered functional but aged, likely requiring cosmetic updates and minor repairs to meet current market standards.
The property is ideally situated near Harry Reid International Airport, major shopping hubs, and public transportation, making it a highly convenient choice for commuters and a strong candidate for rental investment.
Unlike many standard condominiums, this unit features both a private backyard and a one-car garage, offering the privacy and storage capacity typically found in single-family residences.
Located within a secure gated community, residents enjoy enhanced safety and access to desirable amenities including a community pool, which adds significant lifestyle value.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3966, other record lot size in square feet = 484.
Built in 1977, the property may require updates to major systems or cosmetic modernizations to meet current market standards and buyer expectations.
The property is zoned for schools with lower performance ratings, specifically a rating of 2 for the local high school, which may deter families prioritizing educational quality.
Welcome to this well-maintained 3-bedroom, 2 full bath home located in a desirable gated community. Featuring a spacious family room perfect for relaxing or entertaining, this home offers a comfortable and functional layout for everyday living. The property includes a one-car garage and a private backyard, ideal for outdoor enjoyment. Residents enjoy access to community amenities, including a pool, while the convenient location near the airport, shopping, and public transportation adds to the home’s appeal. Whether you're looking for a primary residence or a great investment opportunity, this property checks all the boxes.
No exterior & parking available.
Grades PK-5 • 0.4 mi
Grades PK-5 • 0.8 mi
Grades 6-8 • 1.5 mi
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 | 1,070 | 892 | 82% |
| Lot Size | 3,966 | - | 86% |
| Price | $125.0K | $110.0K | 63% |
| Price per sq ft | $117 | $162 | 37% |
| Built year | 1977 | 1983 | 34% |
| HOA | $269 | $175 | 79% |
| Days on market | 33 | 1510 | 1% |
Apr 14, 2026
$125,000
$150,000
-17% Price Drop
Initial Listing
Mar 20, 2026
$150,000
Initial Listing
Jul 6, 1994
$30,000
Public Record