$699,999

King Beach Triplex, Fully Leased And A Short Walk To Downtown And Sandy Beaches!

  • 2 Beds
  • 1 Baths
  • 1,232 Sqft
  • MLS#20262100

About the Property

Rare Lake Tahoe Triplex Investment Opportunity Near Kings Beach! An exceptional opportunity to own a versatile, income

producing multifamily property just two blocks from the sandy shores of Lake Tahoe! This desirable three unit triplex has

enjoyed zero vacancy for many years and is currently occupied on month to month rental agreements, offering investors an

established renta

Rare Lake Tahoe Triplex Investment Opportunity Near Kings Beach! An exceptional opportunity to own a versatile, income

producing multifamily property just two blocks from the sandy shores of Lake Tahoe! This desirable three unit triplex has

enjoyed zero vacancy for many years and is currently occupied on month to month rental agreements, offering investors an

established rental history and flexibility for future ownership plans. Live in one unit while generating rental income from the

other two, maximize your investment potential, or enjoy a combination of personal use and long term rental income. Each

unit features a two level layout with an upstairs bedroom or living area, and two of the three units also offer ground-floor

bedrooms. Ideally situated just moments from downtown Kings Beach, this property offers convenient access to shopping,

restaurants, public transportation, and the area’s expansive sandy beaches, complete with volleyball courts, basketball courts

, a public boat launch and pier, BBQ pits, and playgrounds. Head in the opposite direction and discover an extensive network

of backcountry trails for hiking, mountain biking, motor sports, backcountry skiing, and snowboarding. Enjoy the best of

Tahoe living with year round outdoor recreation, lake activities, and the convenience of a vibrant North Shore community

right outside your door. Whether you’re seeking a multifamily investment property, an income generating real estate asset,

an owner occupied investment, or a property with flexible rental opportunities in a highly desirable Lake Tahoe location, this

unique triplex delivers outstanding potential. Rarely does an opportunity combine established rental income, multifamily

ownership, and the quintessential Lake Tahoe lifestyle in one property!

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  • Property type

    Apartment

  • Year built

    1960

  • Price/sqft

    $568

Features

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8363 Golden Avenue, Kings Beach, CA 96143, California, United States View on Google Maps
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Alex Min

Joined 11 years ago
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Alex Min
California, United States
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7
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2015
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Sierra Sotheby's International Realty
Sierra Sotheby's International Realty
970 North Lake Blvd. PO Box 5127, PO Box 5127, 96145, Tahoe City, California, United States
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Established in 1864, Tahoe City has a rich heritage dating back to the Gold Rush, when fortune hunters passed throu
Established in 1864, Tahoe City has a rich heritage dating back to the Gold Rush, when fortune hunters passed through on their way to search for silver in the Comstock Lode. A visit to any one of the museums and historical landmarks managed by the North Lake Tahoe Historical Society provides insights into how this town has evolved from frontier outposts to an appealing enclave of lakefront restaurants, homegrown coffee shops, boutiques and private estates. Tahoe City’s Lakefront Commons Beach is the heart of the town and provides acres of room to spread out, relax, hear a concert or peruse the Farmer’s Market in summer. At the north end, the park blends into Tahoe State Recreation Area, with right-on-the-lake campsites. The adjacent public pier makes a great place to jump into Lake Tahoe. The centrally located Tahoe City Marina is home to the Tahoe Yacht Club which hosts weekly sailing series and other popular nautical events. Located a little higher up on the mountainside of the town, you’ll find the world-class cross-country center Tahoe XC, which is the launching point to an outdoor enthusiast’s Never-Never Land. Mountain bikers, hikers and runners can stretch out and experience stellar lake views, while undertaking the challenge presented by the web of trails and singletrack. In the winter, 65 kilometers of groomed cross-country track branch out from the center. Also in the winter, the town hosts Snowfest, North Lake Tahoe’s version of Mardi Gras, with parades, live music, and snow play. A mélange of playful year-round activities, boutique shops, acclaimed restaurants and seasonal festivals awaits every visitor and local of the beautiful Tahoe City. Tahoe City is located just minutes from Squaw Valley, Alpine Meadows, Sunnyside and Homewood Resort and connected to these iconic destinations by a paved bike bath that runs along the Truckee River and the shores of Lake Tahoe.
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Last updated
October 13
First listed
October 13
Listing reference
E8539H
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