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    1707 Santa Paula Dr Las Vegas, NV 89104

    For Sale
    $638,400

    Multifamily property near the Strip, formerly a short-term rental.

    Lot size:
    0.22 Acres

    Property Features for 1707 Santa Paula Dr

    General Information

    Lot size
    0.22 Acres

    Building Details

    Year built
    1951

    Source: International Realty LV Agent Lawrence J. Strychalski

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multifamily Near Las Vegas Blvd

    This multifamily property, located one block from Las Vegas Boulevard, was previously operated as a short-term rental. The units are currently rented on a month-to-month basis. One tenant is currently booking through Airbnb and has been residing on the property for over six months, paying $1,995 per month. The property may be suitable for conversion back to a short-term rental.
    Location Intelligence

    Current Use by Public Records

    Short term rental ...

    Suggested Use

    Realty agency Spa & Massage Restaurant Dental Office Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Law Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.150526
    Latitude
    36.150833

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    FAQs

    What type of property is this?
    Short term rental property - Multifamily property near the Strip, formerly a short-term rental.
    Where is this short term rental property located?
    The property is located at 1707 Santa Paula Dr Las Vegas, NV.
    What is the asking price?
    The asking price for this property is $638,400.
    What are key features of this property?
    This property features: - Prime location: One block from Las Vegas Blvd, ideal for tourists and Strip workers.; - Proven short-term rental potential: Previously operated as a profitable Airbnb (over $100/night/unit).; - Flexible rental options: Currently rented month-to-month to allow for easy conversion back to short-term rentals.
    (702) 277-9292
    Request Owner's contact information
    1707 Santa Paula Dr Las Vegas, NV 89104
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    Las Vegas, NV 89104
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1707 Santa Paula Dr Las Vegas, NV 89104
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