7885 FLAMINGO Road 2120, Las Vegas, NV 89147, Las Vegas, 89147 - 2 bed, 2 bath
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Las Vegas, NV 89147
This Investment-Grade Condominium is listed at $269,000, offering a stable acquisition at its $269,000 Fair Market Value. Featuring a sought-after 2-bedroom, 2-bathroom layout, the property maintains a Functional Condition Rating with original 1997 finishes, providing a strategic value-add opportunity for modernization. Located in the prime 89147 zip code near Spring Valley High, Roger M Bryan Elementary, and Clifford J Lawrence Junior High, the asset benefits from strong rental demand and educational accessibility. This property is perfectly suited for Buy-and-Hold Investors or Value-Add Specialists.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7885 FLAMINGO Road 2120 Subject | $269,000* List Price | 2 | 2 | 934 | $288 | - |
A 7885 W Flamingo Road 1115 Sold | $240,000 | 2 | 2 | 934 | $257 | 0.0 mi |
B 7885 W Flamingo Road 1115 Sold | $240,000 | 2 | 2 | 934 | $257 | 0.0 mi |
C 7950 W Flamingo Road 2145 Sold | $239,000 | 2 | 2 | 1,023 | $234 | 0.4 mi |
D 7885 W Flamingo Road 2153 Sold | $200,000 | 2 | 2 | 934 | $214 | 0.0 mi |
E 7400 W Flamingo Road 1071 Sold | $262,000 | 2 | 2 | 959 | $273 | 0.5 mi |
F 7400 W FLAMINGO Road 1071 Sold | $262,000 | 2 | 2 | 959 | $273 | 0.6 mi |
G 7885 W Flamingo Road 1071 Active | $279,000 List Price | 2 | 2 | 934 | $299 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1997, this property is approximately 28 years old and appears to retain most of its original finishes. The kitchen features dated white appliances and standard oak-style cabinetry typical of the late 90s. While the unit appears functional and maintained, it lacks modern updates to the flooring, fixtures, and surfaces, fitting the criteria for a property that is aged but functional with no major recent renovations.
The 2-bedroom, 2-bathroom configuration is a highly sought-after layout for the Las Vegas rental market, offering strong appeal for investors looking for consistent cash flow.
Situated in the desirable 89147 zip code, the property offers excellent proximity to major shopping, dining, and entertainment corridors, enhancing its long-term desirability.
The condo is conveniently located near all school levels, with Spring Valley High School and Roger M Bryan Elementary both situated less than a mile from the residence.
The monthly HOA fee of $400 is relatively high for a 934-square-foot unit, which may impact the net ROI for investors and increase monthly carrying costs for owners.
Built in 1997, the unit may require modern cosmetic updates or maintenance to aging systems to remain competitive with newer condominium developments in the area.
GREAT FOR INVESTORS, 2 Bedroom 2 Bath condo in great location near shopping dining and entertainment!
No exterior & parking available.
Grades PK-5 • 0.8 mi
Grades 6-8 • 1.3 mi
Grades 9-12 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 934 | 1,023 | 28% |
| Lot Size | - | 814 | 48% |
| Price | $269.0K | $239.0K | 64% |
| Price per sq ft | $288 | $231 | 96% |
| Built year | 1997 | 1999 | 48% |
| HOA | $400 | $200 | 93% |
| Days on market | 172 | 369 | 31% |
Nov 1, 2025
$269,000
Initial Listing