6253 Factor Avenue, Las Vegas, NV 89107, Las Vegas, 89107 - 3 bed, 2 bath
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Las Vegas, NV 89107
This Value-Add Residential Asset is a Strong Value Opportunity, listed at $375,000—positioned well below the $397,881 Fair Market Value by 5%. This valuation gap provides $22,881 in Instant Equity for the incoming buyer. While maintaining a Condition Rating of 4 with a new 2025 roof and 2019 AC, the interior offers significant upside through cosmetic modernization. Featuring a 7,841 sqft lot, private patio, and no HOA fees, this property is a strategic acquisition for Owner-Occupants seeking forced appreciation or Buy-and-Hold Investors targeting a central Las Vegas location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6253 Factor Avenue Subject | $375,000* List Price | 3 | 2 | 1,350 | $295 | - |
A 304 N Torrey Pines Drive Sold | $400,000 | 3 | 2 | 1,276 | $313 | 0.5 mi |
B 304 N Torrey Pines Drive Sold | $400,000 | 3 | 2 | 1,276 | $313 | 0.5 mi |
C 221 Upland Boulevard Sold | $395,000 | 3 | 2 | 1,166 | $339 | 0.4 mi |
D 6117 Aberdeen Lane Sold | $365,000 List Price | 4 | 2 | 1,228 | 0.3 mi | |
E 6332 Arlington Avenue Sold | $270,000 | 3 | 2 | 1,180 | $229 | 0.3 mi |
F 6120 Cairo Circle Sold | $299,999 List Price | 3 | 1 | 1,408 | 0.6 mi | |
G 6217 Clarice Avenue Pending | $340,000 List Price | 4 | 2 | 1,390 | $245 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property has received excellent recent maintenance on major systems, including a new roof (2025), AC (2019), and water heater. However, the interior is dated; the kitchen and bathrooms feature cabinetry and tile work consistent with a 20+ year old renovation. With popcorn ceilings and older fixtures throughout, the home is functional but requires cosmetic updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 1350.
The property features significant capital improvements including a brand-new 2025 roof, a 2019 AC unit, and a new water heater and softener, minimizing immediate maintenance costs.
Ideally situated near the Las Vegas Strip, shopping centers, and schools, this home offers high convenience and strong rental or resale potential due to its proximity to major employment hubs.
Built in 1963, the home may require additional cosmetic updates or modernization of original plumbing and electrical components to meet contemporary standards.
At 1,350 square feet for a three-bedroom residence, the interior living spaces and secondary bedrooms may feel compact compared to more modern residential layouts.
Fantastic opportunity near the Las Vegas Strip! This 3-bedroom, 1,350 sq ft home offers a newly installed roof 2025, AC unit 2019, new Hot Water Tank, New Water Softener, and a generous backyard ready for customization. Whether you’re a first-time buyer or investor, this property delivers strong value in a central location close to entertainment, shopping, and schools.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,350 | 1,646.5 | 33% |
| Lot Size | 7,841 | 6,534 | 75% |
| Price | $375.0K | $359.9K | 57% |
| Price per sq ft | $278 | $224 | 80% |
| Built year | 1963 | 1963 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 6 | 286 | 1% |
Apr 16, 2026
$375,000
Initial Listing