6250 W Flamingo Road 162, Las Vegas, NV 89103, Las Vegas, 89103 - 2 bed, 2 bath
6250 W Flamingo Road 162
Las Vegas, NV 89103
Property Price
SUMMARY
Analysis of 6250 W Flamingo Road 162, Las Vegas, NV 89103 is currently available with a list price of $279,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Las Vegas Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1987, this property falls within the 25-40 year age bracket typical of the 'fair' category. While the exterior appears maintained, the listing lacks mention of recent major renovations, and the property analysis highlights aging infrastructure, suggesting the kitchen, bathrooms, and systems are likely functional but stylistically outdated.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Spring Valley Location
Situated in the heart of Spring Valley, this property offers exceptional proximity to the Las Vegas Strip, Chinatown, and a diverse array of shopping and dining options.
- Competitive Association Fees
At just $160 per month, the HOA fee is notably lower than many comparable condo communities in Las Vegas, offering better monthly affordability for owners.
- Desirable Community Amenities
The inclusion of a community pool and recreational facilities provides added lifestyle value and enhances the property's appeal for both residents and investors.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Built in 1987, the unit and complex may require modern cosmetic updates or maintenance of original systems to compete with newer residential developments.
- High-Traffic Corridor
The property's location on W Flamingo Road, a major thoroughfare, may result in increased ambient noise and traffic congestion during peak hours.
About 6250 W Flamingo Road 162
Beautiful two bedroom two bathroom condo located in Spring Valley near shopping, dining and entertainment. Complete with a community, pool and recreational facilities for your enjoyment!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1987
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $160 / Month
Neighborhood Insights
Las Vegas Unified Schools
C H Decker Elementary School
Grades PK-5 • 0.6 mi
Kenny C Guinn Middle School
Grades 6-8 • 0.2 mi
Durango High School
Grades 9-12 • 2.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,038 | 884 | 74% |
| Lot Size | - | 100 | 47% |
| Price | $279.0K | $157.0K | 97% |
| Price per sq ft | $269 | $197 | 95% |
| Built year | 1987 | 1984 | 60% |
| HOA | $160 | $194 | 37% |
| Days on market | 326 | 655 | 44% |
Pricing History
Listed for Sale
Apr 15, 2025
$279,000
Initial Listing