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$2,850,000
Est. payment /mo
5,000 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 4+ Units
Listing Status Active
Purchase Type For Sale
Square Footage 5,000 sqft
Price per Sqft $570
MLS Listing ID 20251946
Lot Size 0.287 Acres
Acres 0.287
Property Sub-Type 4+ Units
Property Description
Just two blocks from the shores of Lake Tahoe, this updated 8-unit property offers an unbeatable blend of location, rental income, and modern upgrades. Ideally situated in the heart of Kings Beach, 8638 Trout Ave features seven fully furnished studio units and one spacious 2-bedroom, 1-bath unit, all on a single level. Units have been tastefully updated with stainless steel appliances, quartz countertops, and contemporary finishes, making them turnkey and attractive to both long-term and short-term tenants. Recent property improvements include a new roof, attic insulation, updated doors, and major interior upgrades. The large lot offers paved parking, a carport, and a spacious storage shed in a fenced area on the southeast corner of the property. Located in a highly walkable neighborhood, tenants enjoy easy access to the beach, restaurants, shops, parks, public transit, and local schools. This is a rare opportunity to own a low-maintenance, high-performing income property in a sought-after Tahoe community. Whether you're looking to expand your investment portfolio or secure a prime property near Lake Tahoe, this Kings Beach gem delivers location, lifestyle, and a great investing opportunity.
Location
State CA
County Kings Beach
Area Brockway Vista-1So
Interior
Heating Electric
Exterior
Parking Features Gravel, Concrete
View Wooded
Roof Type Composition
Topography Level
Building
Lot Description STREET
Story 1
Foundation Slab
Sewer Utility District
Water Utility District
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Listed by JB Benna • Sierra Sotheby's Int - Rock