7950 W Flamingo Road 2123, Las Vegas, NV 89147, Las Vegas, 89147 - 2 bed, 2 bath
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Las Vegas, NV 89147
This Upgraded Southwest Condominium represents a High-Potential Investment Opportunity with a List Price of $240,000—positioned well below the $272,209 Fair Market Value by 11%. This valuation gap offers $32,209 in Instant Equity for the incoming owner. Maintaining a Condition Rating of 3, the interior features a modernized kitchen with quartz countertops and brand-new stainless appliances. Located within walking distance of Spring Valley High School, this turnkey asset is a strategic acquisition for Owner-Occupants or Buy-and-Hold Investors seeking immediate market upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7950 W Flamingo Road 2123 Subject | $240,000* List Price | 2 | 2 | 1,023 | $266 | - |
A 7950 W Flamingo Road 1138 Sold | $226,900 | 2 | 2 | 1,023 | $222 | 0.0 mi |
B 7950 W Flamingo Road 1092 Sold | $235,000 | 2 | 2 | 1,023 | $230 | 0.0 mi |
C 7950 FLAMINGO Road 1092 Sold | $235,000 | 2 | 2 | 1,023 | $230 | 0.0 mi |
D 7950 W FLAMINGO Road 2145 Sold | $239,000 | 2 | 2 | 1,023 | $234 | 0.0 mi |
E 7950 W Flamingo Road 2145 Sold | $239,000 | 2 | 2 | 1,023 | $234 | 0.0 mi |
F 7950 W Flamingo Road 2168 Sold | $229,000 | 2 | 2 | 1,023 | $224 | 0.1 mi |
G 7950 W Flamingo Road 2083 Active | $254,500 List Price | 2 | 2 | 1,023 | $249 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features significant recent updates, most notably a kitchen renovation with brand-new stainless steel appliances and quartz countertops. While the 1994 construction is evident in the original cabinetry and older carpeting, the unit is well-maintained with modern tile flooring, neutral paint, and updated fixtures, meeting the criteria for a well-maintained home within its age bracket.
The kitchen has been significantly enhanced with premium quartz countertops and a full suite of brand-new appliances, including a fridge, stove, microwave, and dishwasher, providing a contemporary feel and immediate value.
This unit is exceptionally well-maintained and move-in ready, featuring updated fixtures, ceiling fans, blinds, and a fireplace, which eliminates the need for immediate post-purchase renovations.
Ideally situated in the Southwest, the property offers excellent proximity to the Las Vegas Strip, major shopping centers, and highly-rated schools, making it a desirable spot for both residents and investors.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4871, other record lot size in square feet = 1980.
Being an upstairs unit, the property may pose a challenge for individuals with mobility issues or those who prefer the convenience of a ground-floor entrance.
With a construction date of 1994, the complex is reaching a point where major common-area components and building systems may require more frequent maintenance or future capital improvements.
DON'T MISS THIS ONE! Located in Raintree West. Nicely appointed 2 bedroom 2 bathroom upstairs unit in the Southwest. QUARTZ COUNTERTOPS IN THE KITCHEN ALONG WITH BRAND NEW FRIDGE, STOVE, MICROWAVE, DISHWASHER, SINK, AND GARBAGE DISPOSAL. Ceiling fans and blinds throughout, fireplace, community pool and spa. Water, sewer, and trash included in the HOA. Plenty of guest parking, close to shopping, schools, parks, the strip, and transportation. Great opportunity to own your own home! MOVE IN READY!
No exterior & parking available.
Grades PK-5 • 0.4 mi
Grades 6-8 • 1.2 mi
Grades 9-12 • 0.4 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 | 1,023 | 1,023 | 50% |
| Lot Size | 4,871 | 959 | 64% |
| Price | $240.0K | $239.0K | 52% |
| Price per sq ft | $235 | $231 | 55% |
| Built year | 1994 | 1999 | 19% |
| HOA | $200 | $200 | 50% |
| Days on market | 18 | 369 | 1% |
Apr 4, 2026
$240,000
Initial Listing