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Kings Beach Multifamily Investment Opportunity

8489 Trout Avenue Kings Beach, CA 96143

8489 Trout Avenue, Kings Beach, CA, 96143
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Fully leased 10-unit property near Lake Tahoe.

Property Size2,656 SF
Price / SF$711.60
AddedMay 23
Days on Market55
Last RefreshJul 14 at 11:11 am

Property Features for 8489 Trout Avenue

General Information

Standard status
Active
Size
2,656 SF
Property subtype
Multifamily

Listing office Compass

Listing date May 23, 2026

Source Crexi

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 Compass


Investment Insights

Based on property information with market context.

This fully leased 10-unit multifamily property is located in Kings Beach, just blocks from Lake Tahoe. The property comprises 9 studio units and 1 one-bedroom unit. Situated one block off Main Street, the property benefits from a location in a sunny neighborhood with mature trees. Extensive renovations were completed on the majority of the property in 2023/2024, updating interiors and improving functionality. A communal kitchen and shared living area, renovated in 2023, provide an inviting atmosphere for residents. The property also includes an on-site laundry facility equipped with new Speed Queen washer and dryer units. Plentiful on-site parking is available. The property is located near shopping, dining, recreation, and the lakefront. The property size is 2656 square feet.

Key Highlights

  • Fully leased 10‑unit multifamily property providing strong in‑place income.
  • Prime location in Kings Beach, just blocks from Lake Tahoe and one block off Main Street.
  • Extensive renovations completed in 2023/2024, providing updated interiors.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

FAQs

What type of property is this?
Apartment building - Fully leased 10-unit property near Lake Tahoe.
Where is this apartment building located?
The property is located at 8489 Trout Avenue Kings Beach, CA.
What is the asking price?
The asking price for this property is $1,890,000.
What are key features of this property?
This property features: Fully leased 10‑unit multifamily property providing strong in‑place income.; Prime location in Kings Beach, just blocks from Lake Tahoe and one block off Main Street.; Extensive renovations completed in 2023/2024, providing updated interiors.
Contact an agent
(480) 695-6771 Call to check price and availability
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