ActiveResidential · sale

1400 Santa Margarita Street B

Las Vegas, NV 89146

$198,000

  • 2 beds
  • 2 baths
  • 1,106 sq ft
  • Built 1984

Listed by Infobroker Realty · MLS #2831141

Listing status & updates
MLS last changed
Not supplied by this listing source
Availability last checked
No per-listing check is recorded

Source changes and availability checks are different. A website import or photo check does not confirm that a property is still available. Confirm availability with the listing agent. Ask about the listing status

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PROPERTY QUESTIONS & SHOWINGS

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1400 Santa Margarita Street B, Las Vegas, NV 89146 · MLS #2831141

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A FEW THINGS TO NOTICE

What stands out.

Living spaces

Inside, a spacious 2-bedroom 2-bath layout with a large living room, a private balcony, a separate storage room, extended kitchen cabinet for extra space, and nook area for dining.

Details worth a look

The enclosed balcony in the living room gives flexibility for dining, gym, or creative working space.

Year built

Built in 1984.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Unbeatable convenience in this well-located 1st-floor & 1,106 sq. ft. condo with quick access to Summerlin Parkway, and only 20 minutes to the Strip. Off S Rainbow Blvd - surrounded by shopping, dining, and everyday essentials— one of the most practical locations in area. The unit offers direct, easy access with parking right in front, your own private walkway to front door, and plenty of additional guest parking. Inside, a spacious 2-bedroom 2-bath layout with a large living room, a private balcony, a separate storage room, extended kitchen cabinet for extra space, and nook area for dining. The enclosed balcony in the living room gives flexibility for dining, gym, or creative working space. The primary bedroom includes its own enclosed balcony. Tile and laminate flooring throughout the living and kitchen areas ensure easy maintenance and durability. This is perfect blend of comfort, convenience, and practicality—ideal for homeowner or investor. *Furniture sold separately
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THE NEIGHBORHOOD

Explore the location.

1400 Santa Margarita Street B, Las Vegas, NV 89146

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LOCAL MARKET CONTEXT

Las Vegas housing market

See the broader conditions surrounding this property through ERA Brokers Consolidated research.

12-month price trend$444,658Up 0.3% vs. the previous 12 months
Months of supply4.412-month average
Days on market4712-month weighted average

Latest available data: September 2026. Research by ERA Brokers Consolidated.

Explore the full market report

These figures describe the broader reporting area and do not determine this property’s value, condition, availability, or likely sale price.

THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1984
Full baths
2
Half baths
0
Garage spaces
0
Cooling
Central
Heating
Central
Flooring
Carpet,Manmade wood or Laminate,Tile
Utilities
Underground Utilities
Exterior
Balcony
Fencing
No Fence
Subdivision
Paseo Del Rey Amd
Zoning
Multi-Family
Parcel
163-02-210-018
HOA
Paseo Del Rey
HOA amenities
CC&RS,COMMUNITY Pool,COMMUNITY Spa
Elementary school
Hancock, Doris
Middle school
Garside Frank F.
High school
Bonanza
Annual property tax
$778.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

Investor outlook Rental potential, ownership costs and property management

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase$532.05
Estimated monthly rent$825.00
Cap rate3.47%

Annual operating income: $6,879.60

HOA: An HOA is identified, but the listing source does not provide a usable fee. HOA costs are not included in this estimate. Choose a monthly amount under Adjust assumptions.

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interest—Loan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

A team for what comes next.

Put your investment outlook into practice. Team ERA can help you confirm local rental potential and plan for the day-to-day of ownership.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
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LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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Listing information

MLS #2831141 · Las Vegas Realtors

Listing brokerage: Infobroker Realty
Listing agent: Sam Xu

Listing status: Active. MLS last changed: not supplied. Availability last checked: not recorded. Confirm current availability and price with the listing agent.

The data relating to real estate for sale on this website comes in part from the INTERNET DATA EXCHANGE Program of the Greater Las Vegas Association of REALTORS® MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. information being provided is for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. GLVAR deems information reliable but not guaranteed. Copyright © 2023 of the Greater Las Vegas Association of REALTORS® MLS. All Rights Reserved.