
Las Vegas, NV 89142
This Leased Condominium Asset provides immediate income stability, listed at $160,000—aligning with its $160,000 Fair Market Value. The interior features a Condition Rating of 3 with high-durability Luxury Vinyl Plank Flooring and stainless appliances. The property is currently Leased until March 31, 2027, eliminating immediate vacancy risk and tenant placement costs for the near term. Situated in the Terrasanta community with Gated Community Amenities and proximity to Cyril Wengert Elementary School, the asset ensures long-term rental demand. This is a strategic acquisition for Buy-and-Hold Investors or Portfolio Diversifiers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5650 E Sahara Avenue 2026 Subject | $160,000* List Price | 1 | 1 | 774 | $207 | - |
A 5655 E Sahara Avenue 2049 Sold | $149,950 List Price | 1 | 1 | 774 | 0.2 mi | |
B 5655 E Sahara Avenue 2048 Sold | $161,000 | 1 | 1 | 774 | $208 | 0.2 mi |
C 5655 SAHARA Avenue 2046 Sold | $170,000 | 2 | 2 | 958 | $177 | 0.1 mi |
D 5655 SAHARA Avenue 2046 Sold | $170,000 | 2 | 2 | 958 | $177 | 0.1 mi |
E 5655 E Sahara Avenue 2046 Sold | $170,000 | 2 | 2 | 958 | $177 | 0.1 mi |
F 5650 E Sahara Avenue 1010 Sold | $142,000 | 2 | 2 | 958 | $148 | 0.1 mi |
G 5650 E Sahara Avenue 1057 Active | $143,888 List Price | 1 | 1 | 774 | $186 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features recent upgrades, most notably the installation of luxury vinyl plank flooring throughout. Although the unit was built in 2002, it appears well-maintained with clean, neutral paint and functional systems. The kitchen includes stainless steel appliances, and while some fixtures like the laundry units and ceiling fans are older, the overall condition is high for its age bracket with no immediate renovations required.
The property is currently leased until March 31, 2027, providing an investor with immediate, guaranteed rental income and eliminating the need for tenant placement for several years.
The condo features high-quality luxury vinyl plank flooring with a hardwood appearance and includes all appliances, offering a modern aesthetic and reducing immediate capital expenditure.
Situated in a well-maintained gated community with a security guard, the unit offers access to a pool, clubhouse, and exercise room, enhancing its long-term desirability and value.
Because the property is leased through early 2027, it is not an option for owner-occupants or buyers looking for a primary residence in the near future.
The monthly association fee of $349 is relatively high for a one-bedroom unit, which may impact the net return on investment and monthly cash flow.
Investor opportunity. Leased until March 31, 2027. Highly sought after, upgraded condo with luxury vinyl plank flooring with hardwood appearance, in well-maintained gated community with security guard, conveniently located near pool, clubhouse and exercise room. Open floor plan, spacious dining area and living room with balcony and outside storage closet. Kitchen with all appliances included, laundry with washer and dryer. Primary bedroom with walk-in closet, bathroom with separate tub and shower. Assigned covered parking included. Great location near shopping, bus line and schools.
No exterior & parking available.
Grades PK-5 • 0.5 mi
Grades 6-8 • 1.6 mi
Grades 9-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 22% |
| Baths | 1.0 | 2.0 | 22% |
| Square foot | 774 | 958 | 22% |
| Lot Size | 9,171 | 2,100 | 91% |
| Price | $160.0K | $157.0K | 52% |
| Price per sq ft | $207 | $177 | 87% |
| Built year | 2002 | 2001 | 57% |
| HOA | $349 | $200 | 74% |
| Days on market | 102 | 1561 | 9% |
Jan 10, 2026
$160,000
Initial Listing