7450 South Eastern Avenue 1126, Las Vegas, NV 89123, Las Vegas, 89123 - 3 bed, 2 bath
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Las Vegas, NV 89123
This property presents a High-Potential Investment Opportunity with a List Price of $320,000—positioned above the $278,732 Fair Market Value. While the price reflects a premium, the asset offers immediate stability as a Buy-and-Hold Investor play, featuring a tenant in place through 2027. With a Fair Condition Rating and a rare attached 2-car garage, this 3-bedroom condo provides reliable rental demand. It is an ideal acquisition for passive income investors seeking a turnkey, low-maintenance asset in a convenient Las Vegas location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7450 South Eastern Avenue 1126 Subject | $320,000* List Price | 3 | 2 | 1,230 | $227 | - |
A 7450 S Eastern Avenue 1058 Sold | $289,000 | 2 | 2 | 1,230 | $235 | 0.1 mi |
B 7450 S Eastern Avenue 1051 Sold | $299,900 List Price | 2 | 2 | 1,335 | 0.1 mi | |
C 7450 EASTERN Avenue 1024 Sold | $320,000 | 3 | 3 | 1,623 | $197 | 0.1 mi |
D 7450 S Eastern Avenue 1024 Sold | $320,000 | 3 | 3 | 1,623 | $197 | 0.1 mi |
E 7450 S Eastern Avenue 2101 Pending | $275,990 List Price | 2 | 2 | 1,259 | $219 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1996, the property is 30 years old, placing it in the 'Fair' category. While the inclusion of stainless steel appliances and crown molding suggests some maintenance, the age indicates that the primary systems, kitchen, and bathrooms are likely dated and approaching the end of their typical 20-30 year lifecycle, necessitating minor repairs or cosmetic updates.
The property comes with a tenant already in place and a signed lease through June 2027, offering immediate cash flow and long-term stability for real estate investors.
Unlike many standard condominiums, this unit features an attached 2-car garage, providing significant added value, security, and convenience for residents.
As a first-level unit with three bedrooms and crown molding, the property offers excellent accessibility and a spacious feel that appeals to a broad demographic of renters.
The long-term lease commitment until 2027 effectively excludes traditional homebuyers looking for a primary residence, limiting the current buyer pool to investors.
Property viewings are subject to tenant rights and availability, which can complicate the marketing process and potentially deter buyers who require flexible scheduling.
Investment opportunity with a tenant already in place! Step inside this first-level, 3-bedroom, 2-bath condo offering approximately 1,230 sq. ft. of comfortable living space. Features include stainless steel appliances, ceiling fans, crown molding, and an attached 2-car garage. Located in a convenient Las Vegas location near shopping, parks, schools, dining, and freeway access. Tenant occupied with a signed lease through 06/30/2027. Showings are subject to tenant rights and availability.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,230 | - |
| Lot Size | - | - |
| Price | $320.0K | $217.2K |
| Price per sq ft | $260 | $219 |
| Built year | 1996 | 0 |
| HOA | $220 | $0 |
| Days on market | 12 | 828 |
Jul 10, 2026
$320,000
Initial Listing
Aug 28, 1996
$103,500
Public Record