5321 El Nuevo Drive, Las Vegas, NV 89120, Las Vegas, 89120 - 3 bed, 2 bath
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Las Vegas, NV 89120
This Versatile Residential Property offers a strategic "house hack" configuration, listed at $415,000—positioning it as a stable acquisition near its $395,370 Fair Market Value. Maintaining a Condition Rating of 3, the interior features a modern kitchen and wood-look tile flooring, complemented by solar panels installed in 2021. The property’s primary draw is the unpermitted garage conversion studio with a kitchenette and separate entrance, providing significant Income Potential or multigenerational utility. With No HOA restrictions, this is an ideal opportunity for Owner-Occupants looking to build wealth or Buy-and-Hold Investors seeking a high-utility asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5321 El Nuevo Drive Subject | $415,000* List Price | 3 | 2 | 1,492 | $265 | - |
A 4331 Vader Avenue Sold | $415,000 | 3 | 2 | 1,620 | $256 | 0.6 mi |
B 4129 Ridgewood Avenue Sold | $449,999 | 3 | 2 | 1,464 | $307 | 0.9 mi |
C 5375 Saltaire Street Sold | $450,000 | 4 | 2 | 1,519 | $296 | 0.7 mi |
D 4948 Orinda Circle Sold | $365,000 | 4 | 2 | 1,728 | $211 | 0.4 mi |
E 4331 Vader Avenue Sold | $415,000 | 3 | 2 | 1,620 | $256 | 0.6 mi |
F 5630 Neosho Street Sold | $341,000 | 3 | 2 | 1,620 | $210 | 0.6 mi |
G 4118 Ridgewood Avenue Active | $449,990 List Price | 3 | 2 | 1,464 | $307 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1980 but features recent interior updates including a modern kitchen with shaker cabinets and stainless steel appliances, plus newer wood-look tile flooring. The addition of solar panels in 2021 indicates system maintenance, though the unpermitted garage conversion and visible stucco wear on the rear exterior prevent an 'Excellent' rating.
The property features a garage conversion studio with a kitchenette and separate entrance, providing a turnkey opportunity for rental income or multigenerational living.
Equipped with solar panels installed in 2021 at a low monthly cost of $81, offering the homeowner significant long-term savings on utility expenses.
The absence of a homeowners association fee provides financial relief and greater flexibility for the owner regarding property use and modifications.
The garage conversion is explicitly unpermitted, which may pose challenges for traditional financing, appraisals, and future building code compliance.
Built in 1980, the property may require updates to major mechanical systems or cosmetic renovations to meet modern buyer expectations and efficiency standards.
This is a house with 3 bedrooms and 2 bathrooms, in addition the garage area come with unpermitted garage conversion studio with additional bedroom, bathroom, kitchenette area with separate entrance. Also, this house come with solar panels installed back in 8/25/2021 and the monthly payment is only $ 81.00 at month. This property come with all appliances in the house area and in the garage converted area.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 40% |
| Baths | 2.0 | 3.0 | 46% |
| Square foot | 1,492 | 2,088 | 10% |
| Lot Size | 6,970 | 10,019 | 17% |
| Price | $415.0K | $450.0K | 46% |
| Price per sq ft | $278 | $216 | 72% |
| Built year | 1980 | 1979 | 57% |
| HOA | $0 | $0 | 50% |
| Days on market | 84 | 654 | 1% |
Mar 23, 2026
$415,000
Initial Listing