Four-Unit Apartment
5032 Pebble Beach Boulevard Las Vegas, NV 89108
5032 Pebble Beach Boulevard, Las Vegas, NV, 89108
$604,800
For Sale
$604,800
MULTI_FAMILY - Other - Las Vegas, NV
Property Size3,196 SF
Lot Size0.17 Acres
Price / SF$189.24
Days on Market75
Property Features for 5032 Pebble Beach Boulevard
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Appliances
- Dishwasher
- Standard status
- Active
- APN
- 138-25-510-023
- Size
- 3,196 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Annual Amount
- 1821
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1962
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Tile
- Building materials
- Stucco
- Roof type
- Shingle, Composition
- Architectural style
- Other
Listing agency
General Realty Group Inc
(702) 736-4664
Listed by
Victor Paulo Jr. · License #S.0179378
(702) 722-4264
Added: May 8 Updated: Jul 9 at 8:25PM Checked: Jul 21 at 11:06AM
MLS# 2778220
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.
Investment Insights
Based on property information with market context.
This four-unit apartment building offers four separate 2-bedroom, 1-bath residences. The property has been newly painted, providing a refreshed exterior for incoming tenants or buyers.
Located in Las Vegas, the building is described as being minutes to the Strip, placing it within close reach of major entertainment and commercial destinations.
With all units configured as 2-bedroom, 1-bath layouts, the property presents a straightforward income strategy for an investor seeking a consistent unit mix within a quadplex structure.
Located in Las Vegas, the building is described as being minutes to the Strip, placing it within close reach of major entertainment and commercial destinations.
With all units configured as 2-bedroom, 1-bath layouts, the property presents a straightforward income strategy for an investor seeking a consistent unit mix within a quadplex structure.
Key Highlights
- 4‑unit apartment building minutes to the Las Vegas Strip
- Each unit offers 2 bedrooms and 1 bathroom
- Recently painted building exterior
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 | $63.3k | $19.80 |
| − Vacancy | −$3.3k | −$1.03 |
| EGI | $60.0k | $18.77 |
| − OpEx | −$18.0k | −$5.63 |
| NOI | $42.0k | $13.14 |
3,196 SF · lease $19.80/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$599.9K
$524.9K – $699.9K
NOI $41,993 @ 7.0% cap · market cap 6.94%
Second Best
Apartment 5plus
$538.2K
$470.9K – $627.9K
NOI $37,673 @ 7.0% cap · market cap 6.23%
Theoretical Best
Office A
$1.08M
$946.4K – $1.26M
NOI $75,715 @ 7.0% cap · market cap 12.52%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Four newly painted 2-bedroom, 1-bath units in a Las Vegas quadplex.
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 $604,800.
What are key features of this property?
This property features: 4‑unit apartment building minutes to the Las Vegas Strip; Each unit offers 2 bedrooms and 1 bathroom; Recently painted building exterior
