7450 South Eastern Avenue 1126, Las Vegas, NV 89123, Las Vegas, 89123 - 3 bed, 2 bath
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7450 South Eastern Avenue 1126
Las Vegas, NV 89123
ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,230Sq Ft
0Lot Size
Property Price
LIST PRICE$320,000
EST. MARKET VALUE
$283,039
13% AboveMARKET VALUE
SUMMARY
This property presents a Strong Value Opportunity, listed at $320,000—positioned above the $291,751 Fair Market Value. While priced slightly above market, the unit offers a Condition Rating of 3 with modern updates like LVP flooring and stainless steel appliances. The inclusion of an attached 2-car garage and a private patio provides significant utility. With a tenant secured through June 2027, this is a stable, turnkey asset ideal for Buy-and-Hold Investors or passive income seekers looking for immediate, hassle-free cash flow.
Estimated Market Value
$283,039
Based on Realkey algorithm analyzing recent comparable sales in Las Vegas.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7450 South Eastern Avenue 1126 Subject | $320,000* List Price | 3 | 2 | 1,230 | $230 | - |
A 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.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While built in 1996 (28 years old), the property features updates including stainless steel appliances, crown molding, and modern LVP flooring. The interior appears well-maintained and move-in ready, suggesting a renovation within the 5-15 year range.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Investment Opportunity
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.
- Rare Attached 2-Car Garage
Unlike many condominiums, this unit features an attached two-car garage, providing significant added value, security, and storage space for residents.
- Desirable Ground-Floor Layout
As a first-level unit with three bedrooms and over 1,200 sq. ft. of living space, the property offers excellent accessibility and a functional floor plan that appeals to a wide demographic.
CONSRISKS & DEFICIENCIES
- Limited Buyer Pool
The long-term lease commitment through 2027 effectively excludes owner-occupant buyers, restricting the potential market primarily to investors.
- Restricted Showing Availability
Showings are subject to tenant rights and availability, which can create logistical hurdles for prospective buyers and potentially prolong the sales process.
About 7450 South Eastern Avenue 1126
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.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1996
- Lot Size
- -
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $220 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,230 | 1,059.468 |
| Lot Size | - | 6,055.359 |
| Price | $320.0K | $225.8K |
| Price per sq ft | $260 | $213 |
| Built year | 1996 | 1996 |
| HOA | $220 | $254 |
| Days on market | 61 | 71 |
Pricing History
Listed for Sale
Jul 10, 2026
$320,000
Initial Listing
Sold
Aug 28, 1996
$103,500
Public Record