7255 W Sunset Road 2118, Las Vegas, NV 89113, Las Vegas, 89113 - 1 bed, 1 bath
7255 W Sunset Road 2118
Las Vegas, NV 89113
Property Price
SUMMARY
Analysis of 7255 W Sunset Road 2118, Las Vegas, NV 89113 is currently available with a list price of $230,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 move-in ready.
The property is move-in ready and features significant recent upgrades including granite countertops, wood-look flooring throughout (no carpet), and a newer refrigerator and water heater. While the building was constructed in 2001, the extensive list of updated plumbing fixtures, valves, and 2025 maintenance items indicates a high level of upkeep and modern functional condition.
PROSSTRENGTHS & OPPORTUNITIES
- Immediate Rental Income
The property is a turnkey investment with a reliable tenant already in place at $1,300 per month through September 2026, ensuring immediate cash flow and zero initial vacancy.
- Extensive Interior Upgrades
The unit features modern granite countertops, wood-look flooring with no carpet, and newer essential appliances including the refrigerator and water heater, significantly reducing near-term capital expenditures.
- Prime Southwest Location
Situated in the highly desirable 89113 zip code, the property offers excellent proximity to the 215 Beltway, shopping, and dining, which supports long-term appreciation and tenant demand.
CONSRISKS & DEFICIENCIES
- Limited Occupancy Flexibility
The existing lease commitment through late 2026 prevents owner-occupants from moving in for nearly two years, effectively restricting the potential buyer pool to investors.
- Modest Rental Yield
At a $230,000 price point and $1,300 rent, the gross yield may be considered low for aggressive investors once HOA fees, taxes, and insurance are factored into the net ROI.
About 7255 W Sunset Road 2118
Investor Special. Good Tenant with $1300 rent, lease end 9/30/2026. Beautiful upgrades upstairs condo. Newer refrigerator, Newer Water Heater, Granite Countertops, kitchen backsplash, kitchen Faucet, bath sink faucet, Kitchen garbage disposal, whole shower faucet including Moen 1222 Cartridge (Year 2025), bathtub spout, bathtub drain stopper, kitchen sink two angle stoppers, bath sink 2 angle stoppers, toilet angle stopper, toilet flush valve, toilet valve, Dryer Vent Cleaning (Year 2025), All wood-look Floorings. No Carpet. Two-tone paint.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2001
- Lot Size
- 10,366 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $235 / Month
Neighborhood Insights
Las Vegas Unified Schools
Marion B Earl Elementary School
Grades PK-5 • 2.1 mi
Grant Sawyer Middle School
Grades 6-8 • 1.6 mi
Durango High School
Grades 9-12 • 1.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 21% |
| Baths | 1.0 | 2.0 | 20% |
| Square foot | 779 | 955 | 15% |
| Lot Size | 10,366 | 1,032.5 | 78% |
| Price | $230.0K | $233.5K | 49% |
| Price per sq ft | $295 | $248 | 92% |
| Built year | 2001 | 2003 | 38% |
| HOA | $235 | $225 | 64% |
| Days on market | 87 | 281 | 5% |
Pricing History
Listed for Sale
Dec 10, 2025
$230,000
Initial Listing