Furnished Residential Income
353 E Bonneville Avenue #421, Las Vegas, NV 89101
For Sale
$429,900
A furnished two-bedroom residence includes a flexible den/loft and access to extensive building amenities.
Property Size1,274 SF
Price / SF$337.44
Days on Market55
Property Features for 353 E Bonneville Avenue #421
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Additional Details
Furnished
Amenities
concierge service
24-hour security
co-working lounge
fitness center
EV charging
resort-style pool
cabanas
spa
summer kitchen
grilling stations
wine deck
Building Details
Year Built
Listing Agency:
Realty ONE Group, Inc
(702) 898-1221
Listed By:
Darcy Barajas · License #S.0176256
(323) 620-1110
Source:
Barberrealty
Added: Sep 14
Changed: Nov 6
Last Checked: Nov 7 at 6:28AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty ONE Group, Inc
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Investment Insights
Based on property information with market context.
This 1,274-square-foot furnished residence at Juhl has two bedrooms, two baths, and a den/loft. Floor-to-ceiling windows face west, and the kitchen features waterfall countertops. The bathroom has an oversized shower with three showerheads. Built in 2008, the unit is offered with furnishings.
Building amenities include concierge service, 24-hour security, controlled entry to the building and garage, onsite HOA management, a co-working lounge, fitness center, and EV charging. Residents also have access to a pool with cabanas, spa, summer kitchen, grilling areas, and a wine deck with views of the Strip and mountains.
The property is in Downtown Las Vegas, with the Arts District, Symphony Park, The Smith Center, business and courthouse districts, Medical District, World Market Center, and Las Vegas North Premium Outlets among the cited nearby destinations. Dining, coffee shops, galleries, boutiques, wine bars, and entertainment are also in the area.
Building amenities include concierge service, 24-hour security, controlled entry to the building and garage, onsite HOA management, a co-working lounge, fitness center, and EV charging. Residents also have access to a pool with cabanas, spa, summer kitchen, grilling areas, and a wine deck with views of the Strip and mountains.
The property is in Downtown Las Vegas, with the Arts District, Symphony Park, The Smith Center, business and courthouse districts, Medical District, World Market Center, and Las Vegas North Premium Outlets among the cited nearby destinations. Dining, coffee shops, galleries, boutiques, wine bars, and entertainment are also in the area.
Key Highlights
- 1,274‑square‑foot furnished residence with two bedrooms, two baths, and a den/loft
- Floor‑to‑ceiling west‑facing windows
- Kitchen with waterfall countertops; shower with three showerheads
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,551
Cap Rate
3.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$271,020
$271.0K
Cap Rate 7%
$193,586
$193.6K
Cap Rate 9%
$150,567
$150.6K
Market Conditions
NOI Build-Up for 1,274 SF
Gross rent
$26.0K $20.40/SF
− Vacancy
−$1.4K −$1.06/SF
EGI
$24.6K $19.34/SF
− OpEx
−$11.1K −$8.70/SF
NOI
$13.6K $10.64/SF
Area
Las Vegas, NV
Vacancy
5.20%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$271,020
Cap Rate 7%
$193,586
Cap Rate 9%
$150,567
Alternative Uses
Best Use
Apartment 5plus
$193.6K
$169.4K – $225.9K
NOI $13,551 @ 7.0% cap · market cap 3.15%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$440.2K
$385.2K – $513.6K
NOI $30,815 @ 7.0% cap · market cap 7.17%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
5,388
Businesses Nearby
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Business Placement
Demographics for 89101, NV
42,465
Population
18,258
Households
2.3
Avg Household Size
35
Median Age
11%
College-Educated
66%
High-School Grad
5.4 sq mi
ZIP Area
7,864
Density / Sq Mi
$38,653
Median Household Income
$29,471
Median Earnings
$1,008
Median Rent
$258,100
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - A furnished two-bedroom residence includes a flexible den/loft and access to extensive building amenities.
Where is this residential income property located?
The property is located at 353 E Bonneville Avenue #421 Las Vegas, NV.
What is the asking price?
The asking price for this property is $429,900.
What are key features of this property?
This property features: 1,274‑square‑foot furnished residence with two bedrooms, two baths, and a den/loft; Floor‑to‑ceiling west‑facing windows; Kitchen with waterfall countertops; shower with three showerheads
