
Las Vegas, NV 89169
This 2-bedroom condominium presents a Strong Value Opportunity, listed at $112,200—positioned well above the $104,072 Fair Market Value by 7%. While the property requires modernization due to its Condition Rating of 4, the unit features durable laminate flooring and a community swimming pool. Its strategic location near the Las Vegas Strip and UNLV ensures consistent rental demand. This asset is best suited for Buy-and-Hold Investors or first-time buyers looking for a centrally located, low-maintenance urban residence with significant renovation potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 585 S Royal Crest Circle 7 Subject | $112,200* List Price | 2 | 1 | 816 | $128 | - |
A 565 ROYAL CREST Circle 19 Sold | $101,500 | 2 | 1 | 816 | $124 | 0.0 mi |
B 565 S Royal Crest Circle 19 Sold | $101,500 | 2 | 1 | 816 | $124 | 0.0 mi |
C 565 ROYAL CREST Circle 19 Sold | $101,500 | 2 | 2 | 816 | $124 | 0.0 mi |
D 565 S Royal Crest Circle 19 Sold | $101,500 | 2 | 1 | 816 | $124 | 0.0 mi |
E 575 S Royal Crest Circle 26 Sold | $103,000 | 1 | 1 | 624 | $165 | 0.0 mi |
F 575 S Royal Crest Circle 26 Sold | $103,000 | 1 | 1 | 624 | $165 | 0.0 mi |
G 625 S Royal Crest Circle 13 Active | $140,000 List Price | 2 | 1 | 816 | $172 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1963, this property is over 60 years old and remains largely dated despite some cosmetic updates. While the laminate flooring and white cabinetry provide a 'move-in ready' appearance, the bathroom features aging tile and visible gaps in the flooring. Additionally, surface-mounted electrical conduit on the ceiling indicates an older electrical system that has not been modernized behind the walls, fitting the criteria for a property needing updates.
Situated minutes from the Las Vegas Strip, UNLV, and the Convention Center, this property offers exceptional convenience for students, professionals, and hospitality workers.
The unit features durable laminate flooring throughout and shutters, providing a move-in-ready space that is easy to maintain and ideal for high-traffic rental use.
With a competitive price point under $115,000 and proximity to major employment hubs, this condo presents a strong opportunity for investors seeking high rental demand.
Originally built in 1963, the property lacks modern conveniences like in-unit laundry facilities, requiring residents to use a shared community laundry room.
The assigned public schools carry low ratings (2-3), which may limit the property's appeal to families prioritizing educational performance.
Experience the pulse of the city in this prime 2-bedroom, 1-bathroom condo perfectly located for urban living. This second-floor unit features low-maintenance laminate flooring throughout with no carpet. The open-concept layout includes a bright living area and a functional kitchen with white cabinetry. Bedrooms with ceiling fans, ample closet space, and shutters with added privacy. Residents enjoy community amenities, including a refreshing swimming pool and a convenient on-site laundry room. The location is unbeatable, situated just minutes from the world-class dining and entertainment of the Las Vegas Strip, the Convention Center, and major hotels. It is also incredibly close to UNLV and provides quick, easy access to the airport. Move-in ready and ideal for students, professionals, or investors seeking a high-demand rental location, this home offers the best of Vegas right at your doorstep. This centrally located gem is a must-see.
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 | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 816 | 816 | 50% |
| Lot Size | - | 816 | 40% |
| Price | $112.2K | $130.0K | 30% |
| Price per sq ft | $138 | $186 | 25% |
| Built year | 1963 | 1973 | 21% |
| HOA | $240 | $234 | 51% |
| Days on market | 32 | 700 | 2% |
May 14, 2026
$112,200
Initial Listing
Nov 22, 1995
$42,500
Public Record