7255 W Sunset Road 1024, Las Vegas, NV 89113, Las Vegas, 89113 - 1 bed, 1 bath
Loading property details...
Las Vegas, NV 89113
This property presents a Strong Value Opportunity with a List Price of $230,000—positioned well above the $215,392 Fair Market Value. While priced at a premium, the asset delivers a robust 7.77% gross yield with stable, long-term tenants. Featuring a Condition Rating of 3 and a rare 272 sq ft private garage, the unit offers significant rental appeal and low-maintenance, single-level living. Despite average school ratings, the immediate cash flow and modernized interior make this a compelling acquisition for Buy-and-Hold Investors or passive income seekers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7255 W Sunset Road 1024 Subject | $230,000* List Price | 1 | 1 | 705 | $306 | - |
A 7255 SUNSET Road 1169 Sold | $221,000 | 1 | 1 | 705 | $313 | 0.1 mi |
B 7255 W Sunset Road 1029 Sold | $265,000 List Price | 2 | 2 | 937 | 0.0 mi | |
C 8000 W Badura Avenue 2054 Sold | $205,500 | 1 | 1 | 690 | $298 | 0.9 mi |
D 7255 W Sunset Road 1174 Active | $196,000 List Price | 1 | 1 | 705 | $278 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2001, the property has undergone recent cosmetic renovations (likely within the last 5 years) including modern quartz countertops, a contemporary herringbone tile backsplash, and updated flooring. While the appliances are older white models, the overall interior is well-maintained, upgraded, and move-in ready, exceeding the 'fair' category typically associated with its 23-year age.
The property delivers a strong 7.77% gross yield with reliable tenants already in place at $1,470/month, offering immediate cash flow and a superior return compared to traditional fixed-income assets.
Includes a massive 272 sq ft private garage, a rare and highly valuable feature for a one-bedroom condominium that significantly enhances both rental appeal and future resale value.
This downstairs unit features modern interior upgrades and single-level convenience, providing a low-maintenance, accessible living space that appeals to a broad tenant demographic.
At 705 square feet with only one bedroom, the property's compact size may limit its appeal to a narrower demographic of single occupants or couples.
The assigned public schools for this area have moderate ratings ranging from 4 to 5, which may be a drawback for long-term residents or investors prioritizing top-tier educational districts.
INFLATION HEDGE! CRUSH LOW-INTEREST BANK CDS with this high-yielding investor special and rare find! Maximize your wealth and protect your purchasing power with a strong 7.77% Gross Yield that outpaces rising inflation. Real estate is the ultimate hedge against depreciating cash, and this beautifully upgraded downstairs condo delivers immediate, predictable cash flow. Reliable, long-term tenants are already in place paying $1,470/month. Boost your asset value and rental premium with a massive, ultra-rare 272 sq ft garage—a massive competitive edge in this market. Featuring modern interior upgrades, low-maintenance single-level convenience, and low overhead, this property is engineered to defend your bottom line. Turn cash into a tangible powerhouse: High yield, premium features, and stable income
No exterior & parking available.
Grades PK-5 • 2.1 mi
Grades 6-8 • 1.6 mi
Grades 9-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 26% |
| Baths | 1.0 | 2.0 | 31% |
| Square foot | 705 | 943 | 10% |
| Lot Size | 8,117 | 1,039 | 66% |
| Price | $230.0K | $222.0K | 56% |
| Price per sq ft | $326 | $237 | 95% |
| Built year | 2001 | 2002 | 49% |
| HOA | $235 | $200 | 62% |
| Days on market | 25 | 634 | 2% |
May 24, 2026
$230,000
Initial Listing
Dec 16, 2010
$36,500
Public Record