6650 West Warm Springs Road 2158, Las Vegas, NV 89118, Las Vegas, 89118 - 1 bed, 1 bath
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Las Vegas, NV 89118
This Turnkey Investor Asset is listed at $225,000, representing a stable acquisition at its $225,000 Fair Market Value. As a High-Potential Investment Opportunity, the property offers immediate cash flow with a reliable tenant in place at $1,240 per month through February 2027. The unit boasts an Excellent Condition Rating due to extensive recent upgrades, including brand new 2025 appliances, quartz countertops, and durable wood-look flooring with no carpet. These capital improvements significantly mitigate future maintenance costs, securing long-term ROI. This stabilized rental is a premier acquisition for Buy-and-Hold Investors or Portfolio Managers seeking a low-overhead, income-producing property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6650 West Warm Springs Road 2158 Subject | $210,000* List Price | 1 | 1 | 700 | $285 | - |
A 6650 WARM SPRINGS Road 1036 Sold | $240,000 | 2 | 2 | 938 | $256 | 0.1 mi |
B 6650 W Warm Springs Road 2174 Active | $210,000 List Price | 1 | 1 | 700 | $300 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 2001, the property has undergone an extensive renovation within the last 5 years, qualifying it for an excellent rating. The unit features brand new 2025 appliances (refrigerator, stove, microwave, dishwasher, washer, and dryer), a 2021 water heater, and modern quartz countertops in both the kitchen and bathroom. The interior is further enhanced by a contemporary herringbone tile backsplash, updated light fixtures, and wood-look flooring throughout with no carpet, meeting high-quality current standards with no visible deferred maintenance.
The property is a turnkey 'Investor Special' with a reliable tenant already in place paying $1,240 per month through February 2027, providing guaranteed cash flow from day one.
The unit features significant capital improvements including brand new 2025 appliances, a 2021 water heater, and quartz countertops, significantly reducing near-term maintenance costs for the owner.
With wood-look flooring throughout and no carpet, the interior is both aesthetically modern and highly durable, making it ideal for long-term rental use and easy turnovers.
The existing lease agreement through early 2027 prevents owner-occupants from moving in for nearly two years, effectively limiting the buyer pool to strictly long-term investors.
At 700 square feet, the compact size of this one-bedroom unit may limit its appeal to certain demographics or tenants requiring more living and storage space.
Hedge against inflation and protect your purchasing power with this high-yielding investor special! Maximize your returns with a stunning 7.09% gross yield that crushes low-interest bank CDs and outpaces rising inflation. This beautifully upgraded upstairs condo offers immediate, predictable cash flow. A reliable, long-term tenant is already in place paying $1,240/month through 2/28/2027. Defend your bottom line against rising costs with an incredibly rare, ultra-low HOA fee of just $150 monthly. Turn depreciating cash into a tangible asset with high yield and low expenses!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 32% |
| Baths | 1.0 | 2.0 | 35% |
| Square foot | 700 | 1,036 | 10% |
| Lot Size | 8,128 | - | 74% |
| Price | $210.0K | $199.9K | 61% |
| Price per sq ft | $300 | $219 | 90% |
| Built year | 2001 | 1994 | 94% |
| HOA | $150 | $217 | 19% |
| Days on market | 191 | 364 | 23% |
May 29, 2026
$210,000
$225,000
-7% Price Drop
Initial Listing
Dec 7, 2025
$225,000
Initial Listing