7255 W Sunset Road 2118, Las Vegas, NV 89113, Las Vegas, 89113 - 1 bed, 1 bath
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Las Vegas, NV 89113
This Prime Investment Opportunity is a 1-Bedroom Condominium listed at $220,000—positioned well below the $225,905 Fair Market Value by 2%. This valuation gap offers $5,905 in Instant Equity. Featuring a Condition Rating of 2 with modern Granite Kitchen upgrades and new flooring, this unit provides a 7.1% gross yield with a tenant in place. Located in the 89113 zip code, it is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking immediate, stable cash flow.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7255 W Sunset Road 2118 Subject | $220,000* List Price | 1 | 1 | 779 | $290 | - |
A 8000 Badura Avenue 2054 Sold | $205,500 | 1 | 1 | 690 | $298 | 1.0 mi |
B 7255 W Sunset Road 1153 Sold | $240,000 | 2 | 2 | 937 | $256 | 0.1 mi |
C 7255 W Sunset Road 2133 Active | $230,000 List Price | 1 | 1 | 779 | $295 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 2001, the property has undergone a comprehensive modern renovation within the last 5 years. The kitchen features updated stainless steel appliances, granite countertops, and a contemporary herringbone tile backsplash. New wood-look tile flooring is installed throughout, and the unit appears to be in mint, move-in ready condition with no visible maintenance needs.
The property offers a strong 7.1% gross yield with a tenant already in place at $1,300/month, providing immediate and predictable cash flow for investors.
Featuring beautiful interior upgrades, this upstairs condo minimizes the need for immediate capital expenditures or renovation costs.
Located in the 89113 zip code, the property is situated in a high-demand area of Las Vegas with convenient access to the 215 Beltway and local amenities.
As a one-bedroom unit, the property appeals to a narrower demographic of tenants and buyers compared to more versatile two or three-bedroom configurations.
The assigned public schools carry modest ratings between 4 and 5, which may be a deterrent for long-term appreciation among family-oriented demographics.
Hedge against inflation and protect your purchasing power with this high-yielding investor special! Maximize your returns with a stunning 7.1% gross yield that crushes low-interest bank CDs and outpaces rising inflation. This beautifully upgraded upstairs condo offers immediate, predictable cash flow. A good tenant is already in place paying $1,300/month. Turn depreciating cash into a tangible asset with high yield and low expenses!
No exterior & parking available.
Grades PK-5 • 2.1 mi
Grades 6-8 • 1.6 mi
Grades 9-12 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 27% |
| Baths | 1.0 | 2.0 | 31% |
| Square foot | 779 | 945.5 | 16% |
| Lot Size | 10,366 | 1,054.5 | 70% |
| Price | $220.0K | $221.5K | 48% |
| Price per sq ft | $282 | $236 | 84% |
| Built year | 2001 | 2002 | 47% |
| HOA | $235 | $206 | 63% |
| Days on market | 13 | 545 | 2% |
May 24, 2026
$220,000
Initial Listing