5525 W Flamingo Road 2009, Las Vegas, NV 89103, Las Vegas, 89103 - 1 bed, 1 bath
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Las Vegas, NV 89103
This 1-Bedroom Condominium represents a Strong Value Opportunity, listed at $170,000—positioned slightly above the $167,427 Fair Market Value. While the price reflects current market stability, the property offers significant peace of mind through recent capital improvements, including a 2023 AC unit and 2025 water heater. Featuring a Granite Kitchen, Gas Fireplace, and Community Pool access, the unit maintains a Condition Rating of 4. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a low-maintenance, move-in ready residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5525 W Flamingo Road 2009 Subject | $170,000* List Price | 1 | 1 | 870 | $192 | - |
A 4400 S Jones Boulevard 2034 Sold | $205,000 | 2 | 2 | 947 | $216 | 0.5 mi |
B 4960 INDIAN RIVER Drive 468 Sold | $163,000 | 2 | 1 | 816 | $200 | 0.5 mi |
C 4400 S Jones Boulevard 2087 Sold | $160,000 | 1 | 1 | 717 | $223 | 0.4 mi |
D 5525 W Flamingo Road 1033 Sold | $210,000 | 2 | 2 | 1,135 | $185 | 0.0 mi |
E 5314 River Glen Drive 291 Sold | $144,888 List Price | 1 | 1 | 700 | 0.3 mi | |
F 5286 River Glen Drive 428 Sold | $155,000 List Price | 1 | 1 | 700 | 0.3 mi | |
G 4400 S Jones Boulevard 2102 Active | $174,900 List Price | 1 | 1 | 717 | $244 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1997 (>20 years old) and maintains much of its original aesthetic, including dated oak cabinetry. While it features excellent recent system updates (AC 2023, Water Heater 2025) and granite countertops, the overall age and style require cosmetic modernization to meet higher ratings.
The property features a new AC unit installed in 2023 and a new water heater from 2025, offering the buyer significant peace of mind and reduced immediate maintenance costs.
The unit is well-appointed with granite countertops, a walk-in pantry, wood-look flooring, and a gas fireplace, providing a modern aesthetic that stands out in its price bracket.
With 870 square feet of living space, this one-bedroom condo offers a spacious layout including a large primary suite with a walk-in closet and a separate laundry area.
The one-bedroom configuration inherently limits the potential buyer pool to singles or couples, which may impact long-term resale liquidity compared to multi-bedroom units.
The local school district ratings range from 4 to 6, which may be a drawback for families or investors prioritizing high-performing educational zones for property appreciation.
Charming 1-Bedroom, 1-Bath Condo. A Must-See gem! Welcome to this beautifully appointed second-floor unit that perfectly blends comfort, style, and convenience. Step into the inviting tiled living area featuring a cozy gas fireplace, and step out onto your private covered balcony — the perfect spot to relax and unwind. The well-equipped kitchen is a chef's delight, boasting granite countertops, a walk-in pantry, & all appliances included. The adjoining dining area offers a warm and intimate setting for everyday meals or entertaining guests. The spacious primary bedroom features a generous walk-in closet, while the full bathroom impresses with a large soaking tub and shower combo. Additional highlights include wood-look flooring, blinds throughout, a separate laundry area, and a covered parking spot. Major updates provide peace of mind — featuring a new AC unit (2023) and a new water heater (2025). Enjoy resort-style living with access to the community pool, all at an incredible value.
No exterior & parking available.
Grades PK-5 • 0.4 mi
Grades PK-5 • 0.7 mi
Grades 6-8 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 42% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 870 | 877 | 47% |
| Lot Size | 4,324 | - | 75% |
| Price | $170.0K | $155.0K | 65% |
| Price per sq ft | $195 | $194 | 53% |
| Built year | 1997 | 1982 | 89% |
| HOA | $250 | $190 | 80% |
| Days on market | 30 | 1395 | 1% |
May 14, 2026
$170,000
Initial Listing