Triplex with Separate Gas and Electric
New
For Sale
$748,500
8363 Golden Avenue, Kings Beach, CA 96143
MULTI_FAMILY - Other - Kings Beach, CA
Property Size1,273 SF
Lot Size0.14 Acres
Price / SF$587.98
Days on Market1
Property Features for 8363 Golden Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
3
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 2, Bedroom 3, Bathroom 3, Bathroom 2, Bedroom 1, Bathroom 1
Fencing
Fenced
Fireplace
1
Accessibility
Accessible Approach with Ramp
Appliances
1 Appliances: Refreg/ Stove/Oven, 2 Appliances: Refrig Stove/Oven, 3 Appliances: Refrig Stove/Oven
Subdivision
North LakeTahoe
Lot features
S T R E E T
View
City
Directions
call for an appointment with 24 hr notice after approving reports (due in later this week)
Standard status
Active
APN
090066021000
Size
1,273 SF
Lot size
0.14 Acres
Utilities
Utilities
Natural Gas Available
Heating system
Electric (Heating), Natural Gas
Building Details
Year built
1963
Floors in Building
2
Building materials
Frame
Roof type
Metal
Architectural style
Other
Listing Agency:
Coldwell Banker Realty · Coldwell Banker Real Estate
(530) 583-5581
Listed By:
Sue Daniels · License #01066252
(800) 916-9115
Added: Aug 2
Last Checked: Aug 2 at 7:06PM
MLS# 20261613
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This triplex on a 0.1435-acre lot was built in 1963 and features frame construction with a metal roof. The property is heated with electric and natural gas systems, and it offers a functional layout with kitchen, living area, and a full bathroom on the ground level, plus private bedrooms upstairs. The exterior has been freshly painted, and the property has a fireplace. An accessible approach with a ramp is also included.
Each of the three units has separate electric and gas meters. Tenants have individual fenced front yards and convenient street parking right out front. Current leases are on a month-to-month basis, with long-term, reliable tenants in place.
Inspection reports have been ordered and are expected to be available soon. The property is listed for sale at 8363 Golden Avenue in Kings Beach, CA 96143.
Each of the three units has separate electric and gas meters. Tenants have individual fenced front yards and convenient street parking right out front. Current leases are on a month-to-month basis, with long-term, reliable tenants in place.
Inspection reports have been ordered and are expected to be available soon. The property is listed for sale at 8363 Golden Avenue in Kings Beach, CA 96143.
Key Highlights
- Three‑unit triplex with separate electric and gas meters
- 0.1435‑acre lot and 1,273 SF building size
- Built in 1963 with frame construction and a metal roof
Financial Insights For Multifamily LT 5
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 | $32.4k | $25.44 |
| − Vacancy | −$1.7k | −$1.32 |
| EGI | $30.7k | $24.12 |
| − OpEx | −$9.2k | −$7.24 |
| NOI | $21.5k | $16.88 |
1,273 SF · lease $25.44/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$307.0K
$268.6K – $358.2K
NOI $21,491 @ 7.0% cap · market cap 2.87%
Second Best
Apartment 5plus
$280.2K
$245.1K – $326.9K
NOI $19,611 @ 7.0% cap · market cap 2.62%
Theoretical Best
Office A
$492.8K
$431.2K – $575.0K
NOI $34,497 @ 7.0% cap · market cap 4.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
436
Businesses Nearby
Explore this area
Business Placement
Demographics for 96143, CA
3,965
Population
2,824
Households
1.4
Avg Household Size
37
Median Age
34%
College-Educated
77%
High-School Grad
9.2 sq mi
ZIP Area
431
Density / Sq Mi
$65,841
Median Household Income
$34,120
Median Earnings
$1,232
Median Rent
$714,500
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three-unit triplex with separate electric and gas meters and fenced front yards for each tenant.
Where is this triplex located?
The property is located at 8363 Golden Avenue Kings Beach, CA.
What is the asking price?
The asking price for this property is $748,500.
What are key features of this property?
This property features: Three‑unit triplex with separate electric and gas meters; 0.1435‑acre lot and 1,273 SF building size; Built in 1963 with frame construction and a metal roof
