Newly Painted Quadplex with 2BR
For Sale
$594,000
5032 Pebble Beach Boulevard, Las Vegas, NV 89108
Four two-bedroom, one-bath units in a quadplex that has been newly painted.
Property Size3,196 SF
Days on Market174
Property Features for 5032 Pebble Beach Boulevard
General Information
Standard status
Active
Size
3,196 SF
Property subtype
Multi Family
Additional Details
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$1,821
Building Details
Building Size
3,196 SF
Year Built
1962
Tenancy
Multi
Listing Agency:
General Realty Group Inc
Listed By:
Victor Paulo Jr. · License #S.0179378
(702) 722-4264
Source:
Vicerealtygroup
Added: May 8
Changed: Oct 26
Last Checked: Oct 26 at 10:16PM
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 General Realty Group Inc
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This quadplex offers four apartment units, each featuring two bedrooms and one bathroom. The building has been newly painted, providing refreshed exterior presentation for prospective tenants or buyers.
Located in Las Vegas, the property is described as being in the heart of the city and minutes to the Strip. WalkScore is listed at 53 (Somewhat Walkable) and transitScore at 39 (Some Transit). bikeScore is 38 (Somewhat Bikeable).
The building is configured as separate residential income units, with consistent two-bedroom, one-bath layouts across all four apartments.
Located in Las Vegas, the property is described as being in the heart of the city and minutes to the Strip. WalkScore is listed at 53 (Somewhat Walkable) and transitScore at 39 (Some Transit). bikeScore is 38 (Somewhat Bikeable).
The building is configured as separate residential income units, with consistent two-bedroom, one-bath layouts across all four apartments.
Key Highlights
- Quadplex built in 1962 with 4 separate units
- Each unit offers 2 bedrooms and 1 bathroom
- Building has been newly painted
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,993
Cap Rate
7.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$839,860
$839.9K
Cap Rate 7%
$599,900
$599.9K
Cap Rate 9%
$466,589
$466.6K
Market Conditions
NOI Build-Up for 3,196 SF
Gross rent
$63.3K $19.80/SF
− Vacancy
−$3.3K −$1.03/SF
EGI
$60.0K $18.77/SF
− OpEx
−$18.0K −$5.63/SF
NOI
$42.0K $13.14/SF
Area
ZIP 89108
Vacancy
5.20%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$839,860
Cap Rate 7%
$599,900
Cap Rate 9%
$466,589
Alternative Uses
Best Use
Multifamily LT 5
$599.9K
$524.9K – $699.9K
NOI $41,993 @ 7.0% cap · market cap 7.07%
Second Best
Apartment 5plus
$538.2K
$470.9K – $627.9K
NOI $37,673 @ 7.0% cap · market cap 6.34%
Theoretical Best
Office A
$1.08M
$946.4K – $1.26M
NOI $75,715 @ 7.0% cap · market cap 12.75%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
703
Businesses Nearby
Explore this area
Business Placement
Demographics for 89108, NV
73,637
Population
28,377
Households
2.6
Avg Household Size
35
Median Age
15%
College-Educated
80%
High-School Grad
8.9 sq mi
ZIP Area
8,274
Density / Sq Mi
$57,403
Median Household Income
$36,383
Median Earnings
$1,431
Median Rent
$304,400
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
Frequently Asked Questions
What type of property is this?
Quadplex - Four two-bedroom, one-bath units in a quadplex that has been newly painted.
Where is this quadplex located?
The property is located at 5032 Pebble Beach Boulevard Las Vegas, NV.
What is the asking price?
The asking price for this property is $594,000.
What are key features of this property?
This property features: Quadplex built in 1962 with 4 separate units; Each unit offers 2 bedrooms and 1 bathroom; Building has been newly painted
