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$ 996,000
Est. payment /mo
New
8630 Steelhead Avenue Kings Beach, CA 96143-0000
5 Beds
3 Baths
2,164 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 3 Units
Listing Status Active
Purchase Type For Sale
Square Footage 2,164 sqft
Price per Sqft $460
MLS Listing ID 20252047
Bedrooms 5
Year Built 1973
Lot Size 7,840 Sqft
Acres 0.18
Property Sub-Type 3 Units
Property Description
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 panel 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 Tahoe's best beaches, parks, boat ramps, tennis and pickleball courts, bike trails, hiking, skiing, and more—this property offers both lifestyle and investment appeal.
Location
State CA
County Placer
Area Brockway Vista-1So
Building
Lot Description STREET
Story 1
Listed by Sue Daniels • Coldwell Banker Realty