Residential Income Property with
353 E Bonneville Avenue #754, Las Vegas, NV 89101
For Sale
$324,500
The 1-bedroom residence includes a separate den, covered assigned parking, and access to shared building amenities.
Property Size996 SF
Price / SF$325.80
Days on Market34
Property Features for 353 E Bonneville Avenue #754
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Parking per Unit
Additional Details
Sprinkler System
Amenities
two-level fitness center
resort-style pool and spa
cabanas
BBQ area
movie theater
security
concierge services
EV charging stations
on-site dry cleaning
business center
lifestyle director
Vino Deck
Building Details
Year Built
Listing Agency:
Realty Executives Southern
Listed By:
Laura E. Harbison · License NV B.0026537
(702) 777-1234
Source:
Barberrealty
Added: Oct 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 Executives Southern
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Investment Insights
Based on property information with market context.
At 353 E Bonneville Avenue, this 996-square-foot residence has 1 bedroom, a den, and 1 bathroom. The open living and dining area is lined with floor-to-ceiling windows, while the kitchen includes quartz counters, a breakfast bar, and stainless-steel appliances. The owner’s suite opens to a balcony and has a private bathroom with dual sinks. In-unit laundry, plank tile flooring, and track lighting are also included. The property was built in 2008 and has 1 assigned covered parking space.
Building amenities include a two-level fitness center, pool and spa, cabanas, barbecue area, movie theater, concierge, security, EV charging, dry cleaning, and a business center. A Vino Deck is located on the 10th floor. The address is in Downtown Las Vegas, with the Arts District, dining, shopping, and entertainment described as minutes away.
Building amenities include a two-level fitness center, pool and spa, cabanas, barbecue area, movie theater, concierge, security, EV charging, dry cleaning, and a business center. A Vino Deck is located on the 10th floor. The address is in Downtown Las Vegas, with the Arts District, dining, shopping, and entertainment described as minutes away.
Key Highlights
- 996‑square‑foot residence with 1 bedroom, den, and 1 bathroom
- 1 assigned covered parking space
- Floor‑to‑ceiling windows and balcony access from the owner’s suite
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,594
Cap Rate
3.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$211,880
$211.9K
Cap Rate 7%
$151,343
$151.3K
Cap Rate 9%
$117,711
$117.7K
Market Conditions
NOI Build-Up for 996 SF
Gross rent
$20.3K $20.40/SF
− Vacancy
−$1.1K −$1.06/SF
EGI
$19.3K $19.34/SF
− OpEx
−$8.7K −$8.70/SF
NOI
$10.6K $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%
$211,880
Cap Rate 7%
$151,343
Cap Rate 9%
$117,711
Alternative Uses
Best Use
Apartment 5plus
$151.3K
$132.4K – $176.6K
NOI $10,594 @ 7.0% cap · market cap 3.26%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$344.2K
$301.1K – $401.5K
NOI $24,091 @ 7.0% cap · market cap 7.42%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Lease Details
1
Residential units
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
5,388
Businesses Nearby
Explore this area
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 - The 1-bedroom residence includes a separate den, covered assigned parking, and access to shared building amenities.
Where is this residential income property located?
The property is located at 353 E Bonneville Avenue #754 Las Vegas, NV.
What is the asking price?
The asking price for this property is $324,500.
What are key features of this property?
This property features: 996‑square‑foot residence with 1 bedroom, den, and 1 bathroom; 1 assigned covered parking space; Floor‑to‑ceiling windows and balcony access from the owner’s suite
