Prime Kings Beach Triplex Fully Occupied with Strong Income Located in the heart of the Kings Beach residential neighborhood, this well-maintained and consistently fully occupied triplex offers a compelling investment opportunity. The property includes one spacious studio and two two-bedroom units, each featuring large windows for abundant natural light, easy-care tile flooring, and dual entry points for added convenience. Recent upgrades include: New main electrical panels New furnaces Newer in-unit washers and dryers Exterior features: Private decks and yard space for each unit Composition roof Fenced perimeter Off-street parking for four vehicles Financial Highlights: Gross annual income: Approximately $69,000 Rents include utilities, simplifying management Steady, long-term occupancy history Buyer may qualify for a residential 1-4 unit loan, check with your lender. Location Benefits: Just minutes from Lake Tahoes best beaches, parks, boat ramps, tennis and pickleball courts, bike trails, hiking, skiing, and morethis property offers both lifestyle and investment appeal. Access more details at: https://app.disclosures.io/link/8630-Steelhead-Ave-zdtspja4
Listing Courtesy of TAHOE SIERRA BOARD OF REALTORS / Coldwell Banker Realty / Susan "Sue" Daniels
$949,000 (USD)
North Laketahoe Area Residential
Active
8630 Steelhead Avenue 1-3 Kings Beach, CA 96143-0000
5 Bed
3 Baths
2164 sqft
MLS# 20252267
This property has 3 residential units and is a choice for multiple-generation housing. It is also ready for the buyer looking to transform one of the three units into a comfortable owners residence while keeping the other two as rental units to generate income. Step 1: Choose the Owners Unit Best Option: Convert one of the two-bedroom units into your personal residence. More space and privacy Access to private deck and yard Dual entry points for flexibility : Step 2: Upgrade for Comfort Enhance the chosen unit with: Interior upgrades: Modern kitchen appliances, updated bathroom fixtures, fresh paint, and cozy flooring (e.g., hardwood or luxury vinyl) Smart home features: Thermostat, lighting, and security Outdoor enhancements: Fenced yard, garden space, or hot tub : Step 3: Optimize Rental Units Keep the studio and the remaining two-bedroom unit as rentals: Furnish for short-term or long-term tenants Maintain a utilities-included rent model for simplicity Consider vacation rental potential for the studio (if zoning allows) Step 4: Financial Planning Estimated Gross Income: ~$69,000/year from the 3 units as rentals Owners unit: No rent, but utility costs may shift slightly Loan Options: May still qualify for a residential 14 unit loan Access more details at: https://app.disclosures.io/link/8630-Steelhead-Ave-zdtspja4
Listing Courtesy of TAHOE SIERRA BOARD OF REALTORS / Coldwell Banker Realty / Susan "Sue" Daniels
$640,000 (USD)
Kings Beach Area Land
Active
8075 Rainbow Avenue Kings Beach, CA 96143-0000
Bed
0 Baths
sqft
MLS# 20252191
If living at, or investing in a property in North Lake Tahoe is on your bucket list, then don't ignore this exceptional opportunity to own a large, level parcel just two blocks from the shores of Lake Tahoe! This 125' x 100' lot (consisting of Lots 5962) offers ample space and flexibility for development, with a strong building coverage score and multiple design possibilities. Surrounded by majestic pine trees, this one-of-a-kind mountain property provides a serene mountain setting while remaining close to public transit, restaurants, coffee shops, and year-round recreational activities. Potential lake views from future construction add to the appeal. Residents here enjoy easy access to a variety of activities, including boating, paddleboarding, kayaking, swimming, golfing, skiing, hiking, and biking. Whether you're planning a custom home, vacation retreat, or investment property, this parcel is a rare find in a highly desirable location.
Listing Courtesy of TAHOE SIERRA BOARD OF REALTORS / Coldwell Banker Realty / Susan "Sue" Daniels
