Live/Work Property with Attached
8229 Speckled Avenue Kings Beach, CA 96143
8229 Speckled Avenue, Kings Beach, CA, 96143
Contact for pricing
For Sale
Contact for pricing
Updated 3-bedroom residence with attached office/studio and adjacent paved industrial yard for light industrial use.
Property Size1,992 SF
Lot Size0.39 Acres
Price / SF$750.50
Days on Market49
Property Features for 8229 Speckled Avenue
General Information
- Standard status
- Active
- Size
- 1,992 SF
- Lot size
- 0.39 Acres
- Property subtype
- Industrial, Mixed Use, Self Storage
Building Details
- Year Built
- 1964
Listing agency
Sierra Sotheby's International Realty
(530) 320-7232
Listed by
Alex Min · License #01376026
Source
Crexi
Added: Jun 3 Updated: Jul 20 at 6:17PM Checked: Jul 20 at 6:17PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sierra Sotheby's International Realty
Investment Insights
Based on property information with market context.
8229 Speckled Avenue is a mixed-use live/work property that combines a remodeled mountain residence with office and light industrial functionality. The home is a 1,992 SF structure featuring 3 bedrooms and 2 bathrooms, with updates completed in 2021 including a redesigned kitchen, updated baths, hardwood floors, heated tile, and underfloor heating in key living areas. Additional home improvements include insta-hot water, forced air heat, and a fireplace with a wood stove insert. Outside, the property offers fenced front and back yards, patio space, mature trees, and ample off-street parking.
An attached office/studio suite includes a private entrance, a half bath, heat, and three dedicated parking spaces, supporting client-facing use. Adjacent to the residence is a paved industrial yard with approved light industrial use, separate electrical service, storage sheds, and covered areas for truck and equipment. The combined setup sits on a 0.39-acre commercially zoned parcel in Kings Beach, offering flexibility for contractors, owner-users, or business tenants seeking a property that supports both work and daily living.
An attached office/studio suite includes a private entrance, a half bath, heat, and three dedicated parking spaces, supporting client-facing use. Adjacent to the residence is a paved industrial yard with approved light industrial use, separate electrical service, storage sheds, and covered areas for truck and equipment. The combined setup sits on a 0.39-acre commercially zoned parcel in Kings Beach, offering flexibility for contractors, owner-users, or business tenants seeking a property that supports both work and daily living.
Key Highlights
- 1,992 SF live/work mixed‑use property on a commercially zoned 0.39‑acre parcel
- Updated 3‑bedroom, 2‑bath home remodeled in 2021 with redesigned kitchen and updated baths
- Home features hardwood floors, heated tile, underfloor heating in key living areas, insta‑hot water, forced air heat, and a fireplace with wood stove insert
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $70.8k | $35.52 |
| − Vacancy | −$10.0k | −$5.04 |
| EGI | $60.7k | $30.48 |
| − OpEx | −$15.2k | −$7.62 |
| NOI | $45.5k | $22.86 |
1,992 SF · lease $35.52/SF/yr · vacancy 14.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$650.4K
$569.1K – $758.9K
NOI $45,531 @ 7.0% cap · market cap 3.05%
Second Best
Mixed Use
$432.2K
$378.2K – $504.2K
NOI $30,254 @ 7.0% cap · market cap 2.02%
Theoretical Best
Office A
$771.2K
$674.8K – $899.7K
NOI $53,981 @ 7.0% cap · market cap 3.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Updated 3-bedroom residence with attached office/studio and adjacent paved industrial yard for light industrial use.
Where is this flex space located?
The property is located at 8229 Speckled Avenue Kings Beach, CA.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: 1,992 SF live/work mixed‑use property on a commercially zoned 0.39‑acre parcel; Updated 3‑bedroom, 2‑bath home remodeled in 2021 with redesigned kitchen and updated baths; Home features hardwood floors, heated tile, underfloor heating in key living areas, insta‑hot water, forced air heat, and a fireplace with wood stove insert
