4788 Lucite Lane, Las Vegas, NV 89115
MULTI_FAMILY - Other - Las Vegas, NV
- Added:
- Mar 19, 2026
- Days on Market:
- 88
- Last Refresh:
- Jun 14 at 12:06 am
Property Features for 4788 Lucite Lane
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Window features
- Blinds
- Interior features
- Ceiling Fan(s), Window Treatments
- Appliances
- Disposal, Refrigerator
- Standard status
- Active
- APN
- 140-05-710-007
- Size
- 3,604 SF
- Lot size
- 0.35 Acres
Taxes and HOA fees
- Tax Annual Amount
- 1650
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1984
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Tile - Ceramic, Tile
- Building materials
- Stucco
- Roof type
- Shingle, Composition
- Architectural style
- Other
Listing agent Veronica Kyle License #S.0171995 (702) 622-7977
Listing office LIFE Realty District 2225 Village Walk Dr Ste 260, Henderson, NV (702) 475-3200
Listing date Mar 19, 2026
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.
HighLights
- Fully occupied fourplex with a unit mix of two 3‑bed units and two 1‑bed units
- No HOA; stucco exterior with a shingle/composition roof and central air plus central electric heating
- On a corner lot at the end of the street on just over 1/3 acre with additional adjacent land (buyer to verify potential expansion/development)
- Two new HVAC units installed, with one only 3 years old
- Recent unit upgrades include renovated ceramic tile flooring, fresh interior paint, and updated countertops
- Bathrooms updated and plumbing enhancements completed
Overview
The building is positioned on a corner lot at the end of the street, which the remarks describe as offering added privacy and minimal through traffic. The property sits on approximately 0.35 acres.
For buyers seeking a turnkey, income-focused asset, this offering presents four distinct unit types within a single quadplex and includes recent upgrades across the interiors. With no HOA identified in the remarks and HVAC replacement completed, the property may appeal to owners looking for a manageable multifamily structure with documented improvements. Buyer to verify any future expansion or development considerations related to the adjacent land.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $58.4k | $16.20 |
| − Vacancy | −$3.0k | −$0.84 |
| EGI | $55.3k | $15.36 |
| − OpEx | −$16.6k | −$4.61 |
| NOI | $38.7k | $10.75 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Las Vegas
- County
- Clark
- State
- Nevada
- Longitude
- -115.069284
- Latitude
- 36.239759
