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Four-Unit Quadplex with Balconies
For Sale
$599,999

1711 Santa Paula Drive, Las Vegas, NV 89104

Residential, Las Vegas, NV

Property Size3,660 SF
Lot Size0.22 Acres
Price / SF$163.93
Days on Market104

Property Features for 1711 Santa Paula Drive

General Information

Property type Residential Multi Family
Property subtype Other
Window features Blinds
Interior features Window Treatments
Appliances Electric Water Heater, Oven, Range, Refrigerator
Subdivision Beverly Green Tr #2
Elementary school ,
Directions From I-15 Exit Sahara E Ave, L on Las Vegas Blvd, R on Saint Louis Ave, R on Santa Paula Dr house on left.
Standard status Active
APN 162-03-313-003
Size 3,660 SF
Lot size 0.22 Acres

Taxes and HOA fees

Tax Annual Amount 1935

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Central Air
Water source Public

Amenities

assigned parking
security entrance
private balconies
fully fenced side yard

Building Details

Year built 1951
Floors in Building 2
Number of units 1
Flooring type Vinyl
Building materials Wood Frame
Roof type Composition, Shingle
Architectural style Other
Listing Agency: Zzyzx Realty
Listed By: Jacob Hammons · License #S.0186190
Added: Jul 2 Changed: Sep 21 Last Checked: Oct 13 at 10:06AM
MLS# 2796673

Copyright © 2026 Las Vegas REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 3,660-square-foot quadplex, built in 1951, contains four two-bedroom, one-bath units. Interior details include vinyl flooring, window treatments, central heating and cooling, electric water heaters, and kitchens equipped with ovens, ranges, and refrigerators. Each residence has a private balcony, while the property also provides assigned parking and a fully fenced side yard with separate access to each unit. A secured entrance serves the entry doors.

The property is located at 1711 Santa Paula Drive in Las Vegas, one block from Las Vegas Boulevard. Two of the four units are currently rented. Additional space is described as a possible fifth studio or on-site laundry room, subject to the final configuration selected.

Key Highlights

  • Four‑unit quadplex with four 2‑bedroom, 1‑bath units
  • 3,660 square feet on a 0.22‑acre lot
  • Two of 4 units currently rented

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$42,127
Cap Rate
7.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$842,540 $842.5K
Cap Rate 7%
$601,814 $601.8K
Cap Rate 9%
$468,078 $468.1K
Market Conditions
NOI Build-Up for 3,660 SF
Gross rent
$63.7K $17.40/SF
− Vacancy
−$3.5K −$0.96/SF
EGI
$60.2K $16.44/SF
− OpEx
−$18.1K −$4.93/SF
NOI
$42.1K $11.51/SF
Area
Las Vegas, NV
Vacancy
5.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$842,540
Cap Rate 7%
$601,814
Cap Rate 9%
$468,078

Alternative Uses

Best Use
Multifamily LT 5
$601.8K
$526.6K – $702.1K (±1% cap)
NOI $42,127 @ 7.0% cap · market cap 7.02%
Second Best
Apartment 5plus
$556.1K
$486.6K – $648.8K (±1% cap)
NOI $38,930 @ 7.0% cap · market cap 6.49%
Theoretical Best
Specialty Retail
$1.26M
$1.11M – $1.48M (±1% cap)
NOI $88,528 @ 7.0% cap · market cap 14.75%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Daycare Center (Bike/Boat/Book/etc) Store Butcher Veterinary Clinic Buffet Fish Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
50%
Occupancy

Location Intelligence

Trade Area within ½ mile

2,208
Businesses Nearby

Demographics for 89104, NV

41,662
Population
16,704
Households
2.5
Avg Household Size
38
Median Age
15%
College-Educated
72%
High-School Grad
5.7 sq mi
ZIP Area
7,309
Density / Sq Mi
$50,945
Median Household Income
$34,278
Median Earnings
$1,138
Median Rent
$298,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four two-bedroom units offer private balconies, assigned parking, and controlled access to the residential entry doors.
Where is this quadplex located?
The property is located at 1711 Santa Paula Drive Las Vegas, NV.
What is the asking price?
The asking price for this property is $599,999.
What are key features of this property?
This property features: Four‑unit quadplex with four 2‑bedroom, 1‑bath units; 3,660 square feet on a 0.22‑acre lot; Two of 4 units currently rented
More about this property
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