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    8630 Steelhead Ave Kings Beach, CA 96143

    For Sale
    $949,000

    3 Units, MOUNTAIN - Kings Beach, CA

    Property size:
    2,164 SF
    Lot size:
    0.18 Acres
    Days on Market:
    69
    Last Refresh:
    Dec 15 at 3:06 am

    Property Features for 8630 Steelhead Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    5
    APN
    090-115-045-000
    Size
    2,164 SF
    Lot size
    0.18 Acres

    Building Details

    Floors in Building
    1
    Architectural style
    Mountain

    Coldwell Banker (800) 916-9115 [email protected]

    Listing agent Sue Daniels (530) 583-5581 License #01066252

    Listing date Oct 8, 2025

    MLS# 20252047 Listing URL

    Copyright © 2025 Tahoe Sierra Board of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Kings Beach Triplex Investment Opportunity

    Located in the heart of the Kings Beach residential neighborhood, this triplex is fully occupied and offers an investment opportunity. The property includes one studio and two two-bedroom units. Each unit features large windows for natural light, tile flooring, and dual entry points. Recent upgrades include new main electrical panels, new furnaces, and newer in-unit washers and dryers. Exterior features include private decks and yard space for each unit, a composition roof, a fenced perimeter, and off-street parking for four vehicles. The gross annual income is approximately $69,000, and rents include utilities. The property has a steady, long-term occupancy history. It is situated minutes from Lake Tahoe’s beaches, parks, boat ramps, tennis and pickleball courts, bike trails, hiking, and skiing. The lot size is 0.18 acres and the property size is 2164 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Map

    City
    Kings Beach
    County
    Placer
    State
    California
    Longitude
    -120.052
    Latitude
    39.278

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    FAQs

    What type of property is this?
    Triplex - Fully occupied triplex near Lake Tahoe with strong income potential.
    Where is this triplex located?
    The property is located at 8630 Steelhead Ave Kings Beach, CA.
    What is the asking price?
    The asking price for this property is $949,000.
    What are key features of this property?
    This property features: - Strong Income: Fully occupied triplex generating approximately $69,000 gross annual income.; - Prime Location: Minutes from Lake Tahoe's beaches, parks, boat ramps, and recreational activities.; - Turnkey Investment: Well-maintained with a steady, long-term occupancy history.
    (530) 583-5581
    Request Owner's contact information
    8630 Steelhead Ave Kings Beach, CA 96143
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    Kings Beach, CA 96143
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8630 Steelhead Ave Kings Beach, CA 96143
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