
Las Vegas, NV 89123
This property presents a Strong Value Opportunity with a List Price of $320,000—positioned well below the $339,678 Fair Market Value by 5%. This valuation gap offers $19,678 in Instant Equity. Featuring a Condition Rating of 3, this turnkey condo includes recent upgrades like new flooring and countertops. With a tenant in place through 2027, it is a stable asset for Buy-and-Hold Investors or passive income seekers prioritizing immediate cash flow and a prime location near the 215 and airport.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7450 South Eastern Avenue 1018 Subject | $320,000* List Price | 3 | 3 | 1,623 | $209 | - |
A 7450 EASTERN Avenue 1024 Sold | $320,000 | 3 | 3 | 1,623 | $197 | 0.0 mi |
B 7450 S Eastern Avenue 1024 Sold | $320,000 | 3 | 3 | 1,623 | $197 | 0.0 mi |
C 7450 S Eastern Avenue 1058 Sold | $289,000 | 2 | 2 | 1,230 | $235 | 0.0 mi |
D 7450 S Eastern Avenue 1051 Sold | $299,900 List Price | 2 | 2 | 1,335 | 0.1 mi | |
E 7450 S Eastern Avenue 1003 Pending | $289,990 List Price | 2 | 2 | 1,230 | $236 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1996, the property is well-maintained and features recent renovations (likely <5 years) including new flooring, countertops, and modern Whirlpool appliances. While some elements like the cabinetry and fireplace tile are dated, the unit is move-in ready and functional, meeting the criteria for a well-maintained property of its age with recent updates.
This is a turnkey investment opportunity with a tenant already in place through March 2027, providing guaranteed cash flow and eliminating immediate vacancy risks for investors.
The property features significant recent upgrades, including new flooring, countertops, and blinds, which enhance its market value and reduce the need for near-term maintenance expenditures.
Ideally situated near the 215 beltway, Harry Reid International Airport, and the Las Vegas Strip, the property offers high desirability for tenants and strong long-term appreciation potential.
The long-term lease agreement through 2027 makes this property unsuitable for traditional buyers looking for a primary residence to occupy in the near future.
Built in 1996, the property may soon require maintenance or replacement of major mechanical systems or exterior components typical of a nearly 30-year-old condominium complex.
Turnkey investment opportunity with immediate cash flow. Tenant already in place through the end of March 2027, providing instant rental income from day one. This 3-bedroom, 3 full bath, 1,623 sq. ft. condo offers a well-designed floor plan in a highly desirable location near the 215, Harry Reid Airport, the Strip, Sunset Park, shopping, dining, and schools. Recent upgrades include new flooring, new countertops, and new blinds throughout, adding long-term value while minimizing future capital expenses. The main living area features a fireplace, vaulted ceiling, dramatic vertical window that fills the space with natural light, and a sliding glass door leading to a private patio that is just steps away from the community pool. The downstairs bedroom, complete with a full bath, offers flexibility for a home office or additional tenant space. Upstairs, the second bedroom includes its own en-suite bath. The spacious primary suite features three large closets, an oversized soaking tub, separate shower, and pool views. Additional highlights include a two-car garage, upstairs laundry with washer and dryer included, and Whirlpool appliances.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,623 | - |
| Lot Size | - | - |
| Price | $320.0K | $217.2K |
| Price per sq ft | $197 | $219 |
| Built year | 1996 | 0 |
| HOA | $220 | $0 |
| Days on market | 26 | 828 |
Jul 1, 2026
$320,000
Initial Listing
Sep 28, 1998
$130,000
Public Record
May 30, 1996
$126,000
Public Record