
Las Vegas, NV 89146
This Multi-Generational Residential Asset is a High-Potential Investment Opportunity, listed at $490,000—positioned well above the $468,516 Fair Market Value by -4%. Featuring a Permitted Second Unit with a full kitchen and a separate studio, this property offers significant rental income potential. With an Excellent Condition Rating following 2025 renovations, including a new roof and HVAC, it is a turnkey solution. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking flexible living arrangements with no HOA restrictions.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5333 Longridge Avenue Subject | $490,000* List Price | 6 | 4 | 1,980 | $237 | - |
A 5412 Holmby Avenue Sold | $490,000 | 5 | 3 | 2,080 | $236 | 0.1 mi |
B 1205 Squires Street Sold | $410,000 | 4 | 2 | 1,751 | $234 | 0.3 mi |
C 5204 Holmby Avenue Active | $469,999 List Price | 4 | 2 | 1,751 | $268 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite the 1963 build date, the property underwent extensive recent renovations meeting the 'Excellent' criteria: newly remodeled bathrooms (2025), energy-efficient windows (2024), and major systems including a new roof and 5-ton HVAC (2022). The kitchen is modernized with updated cabinetry and stainless steel appliances, making it fully move-in ready.
Elementary School: Judy & John L Goolsby Elementary School (9/10).
The property features a rare permitted second unit with a full kitchen and laundry, plus an additional front studio, offering significant rental income potential or flexible multi-generational living arrangements.
Major high-ticket items have been recently replaced, including a new roof and 5-ton HVAC (2022), energy-efficient windows (2024), and fully remodeled bathrooms (2025), providing peace of mind and lower immediate maintenance costs.
With 6 bedrooms and 4 bathrooms configured within 1,980 square feet, individual room sizes and common areas are likely quite small, potentially creating a cramped living environment.
The property is zoned for several schools with low performance ratings, including Western High School (2/10) and Doris Hancock Elementary (3/10), which may be a drawback for families prioritizing education.
Come see this beautiful updated home with a PERMITTED SECOND UNIT complete with it's own stove, washer/dryer, living room, bedroom & bathroom, plus a front studio with a private bathroom. All this with no HOA to hold you back! Permits are in hand for the second full kitchen complete with stove (hard to find)! Newly remodeled bathrooms and showers (2025), newer 5 TON HVAC (2022), newer ROOF (2022), and new energy efficient WINDOWS (2024). This property is a super rare find! It is move-in ready and bursting with potential. Don’t miss out on this golden opportunity!
No exterior & parking available.
Grades PK-5 • 0.3 mi
Grades PK-5 • 1.1 mi
Grades PK-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 1,980 | - |
| Lot Size | 6,098 | - |
| Price | $490.0K | $474.8K |
| Price per sq ft | $247 | $257 |
| Built year | 1963 | 0 |
| HOA | $0 | $0 |
| Days on market | 2 | 526 |
Jul 20, 2026
$490,000
Initial Listing