Loft-Style Residential Income
353 E Bonneville Avenue #457, Las Vegas, NV 89101
For Sale
$274,900
Residents have access to concierge service, a fitness center, a co-working lounge, and a pool with cabanas.
Property Size920 SF
Price / SF$298.80
Days on Market95
Property Features for 353 E Bonneville Avenue #457
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Additional Details
Multifamily Units
Amenities
dedicated concierge service
24-hour security
secure building and garage access
onsite HOA management
co-working lounge
fitness center
EV charging
resort-style pool with 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 NV S.0176256
(323) 620-1110
Source:
Barberrealty
Added: Aug 7
Changed: Nov 9
Last Checked: Nov 9 at 6:37AM
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 920-square-foot, one-bedroom residence in Juhl has an open layout, loft-style design, upgraded finishes, and floor-to-ceiling windows facing south. Built in 2008, the property offers secure building and garage entry, 24-hour security, concierge service, and on-site HOA management.
Shared amenities include a fitness center, co-working lounge, pool with cabanas, spa, summer kitchen, grilling stations, EV charging, and a wine deck with views of the Strip and mountains. The residence is in Downtown Las Vegas, near the Arts District, Symphony Park, The Smith Center, and the Downtown Business & Courthouse District.
Shared amenities include a fitness center, co-working lounge, pool with cabanas, spa, summer kitchen, grilling stations, EV charging, and a wine deck with views of the Strip and mountains. The residence is in Downtown Las Vegas, near the Arts District, Symphony Park, The Smith Center, and the Downtown Business & Courthouse District.
Key Highlights
- 920‑square‑foot, one‑bedroom residence
- Floor‑to‑ceiling south‑facing windows and upgraded finishes
- Built in 2008
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,786
Cap Rate
3.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$195,720
$195.7K
Cap Rate 7%
$139,800
$139.8K
Cap Rate 9%
$108,733
$108.7K
Market Conditions
NOI Build-Up for 920 SF
Gross rent
$18.8K $20.40/SF
− Vacancy
−$976 −$1.06/SF
EGI
$17.8K $19.34/SF
− OpEx
−$8.0K −$8.70/SF
NOI
$9.8K $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%
$195,720
Cap Rate 7%
$139,800
Cap Rate 9%
$108,733
Alternative Uses
Best Use
Apartment 5plus
$139.8K
$122.3K – $163.1K
NOI $9,786 @ 7.0% cap · market cap 3.56%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$317.9K
$278.2K – $370.9K
NOI $22,253 @ 7.0% cap · market cap 8.09%
Zoning and permitted uses should be independently verified with authorities.
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Who owns this building?
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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
$258,100
Median Home Value
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Market
Average Price Trend$/SF for Residential income properties in Las Vegas, NV
Properties on Market for Residential income properties in Las Vegas
Frequently Asked Questions
What type of property is this?
Residential income property - Residents have access to concierge service, a fitness center, a co-working lounge, and a pool with cabanas.
Where is this residential income property located?
The property is located at 353 E Bonneville Avenue #457 Las Vegas, NV.
What is the asking price?
The asking price for this property is $274,900.
What are key features of this property?
This property features: 920‑square‑foot, one‑bedroom residence; Floor‑to‑ceiling south‑facing windows and upgraded finishes; Built in 2008
