
Las Vegas, NV 89169
This High-Potential Investment Opportunity is listed at a List Price of $109,900, positioned well below the $105,770 Fair Market Value by -3%. Featuring a Condition Rating of 4, the unit offers a functional layout with modern stainless steel appliances, though it requires cosmetic modernization to maximize rental yields. Its proximity to UNLV and the Las Vegas Strip ensures strong tenant demand. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a low-maintenance, value-add asset in a prime location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 585 S Royal Crest Circle 20 Subject | $109,900* List Price | 1 | 1 | 624 | $170 | - |
A 575 S Royal Crest Circle 26 Sold | $103,000 | 1 | 1 | 624 | $165 | 0.0 mi |
B 575 S Royal Crest Circle 26 Sold | $103,000 | 1 | 1 | 624 | $165 | 0.0 mi |
C 575 S Royal Crest Circle 26 Sold | $103,000 | 1 | 1 | 624 | $165 | 0.0 mi |
D 575 ROYAL CREST 26 Sold | $103,000 | 1 | 1 | 624 | $165 | 0.0 mi |
E 605 S Royal Crest Circle 20 Sold | $105,000 | 1 | 1 | 624 | $168 | 0.1 mi |
F 565 S Royal Crest Circle 19 Sold | $101,500 | 2 | 1 | 816 | $124 | 0.0 mi |
G 605 S Royal Crest Circle 9 Active | $110,000 List Price | 1 | 1 | 624 | $176 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1963, the property is over 60 years old and remains largely dated despite some cosmetic updates. While it features newer laminate flooring and stainless steel appliances, the kitchen cabinetry, popcorn ceilings, and bathroom fixtures appear to be over 20 years old. The unit is functional and move-in ready but requires modernization to kitchens and baths.
Situated minutes from UNLV and the Las Vegas Strip, this property offers exceptional access to major employment hubs, dining, and entertainment, making it ideal for students and professionals.
With a list price of $109,900 and available down payment assistance, this condo represents an excellent entry-level opportunity for first-time buyers or investors seeking a low-cost asset.
The unit features updated stainless steel appliances and a functional open layout, providing a contemporary feel that appeals to modern tenants and reduces immediate renovation needs.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8366, other record lot size in square feet = 1482.
Built in 1963, the building may require more frequent maintenance or face potential plumbing and electrical limitations compared to newer developments.
The assigned public schools have low performance ratings (2-3), which could impact long-term appreciation and limit appeal to families with children.
Welcome home to this stylish one-bedroom condo featuring stainless steel appliances and an open layout that maximizes comfort and convenience. Perfectly located just minutes from UNLV, the Las Vegas Strip, shopping, dining, and entertainment, this condo offers unbeatable access to everything the city has to offer. Community pool! Whether you’re looking for a personal retreat, a low-maintenance lifestyle, or a great investment opportunity, this property is a must-see! Ask about down payment assitance options for this home!
No exterior & parking available.
Grades PK-5 • 0.5 mi
Grades 6-8 • 1.1 mi
Grades 9-12 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 1.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 624 | 748.5 | 29% |
| Lot Size | 8,366 | 839.5 | 79% |
| Price | $109.9K | $128.0K | 30% |
| Price per sq ft | $176 | $183 | 48% |
| Built year | 1963 | 1975 | 20% |
| HOA | $240 | $232 | 52% |
| Days on market | 26 | 716 | 2% |
May 11, 2026
$109,900
Initial Listing