$699,999 Active
8363 Golden Avenue
Kings Beach, CA 96143
✓ STR Allowed — Permit Required
Placer County STR permit required. Eastern Placer cap of 3,900 permits (not reached) — new permits available until cap is reached.
5 Beds
·
3.0 Baths
·
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About This Property

Rare Lake Tahoe Triplex Investment Opportunity Near Kings Beach! An exceptional opportunity to own a versatile, income producing multifamily property just two blocks from the sandy shores of Lake Tahoe! This desirable three unit triplex has enjoyed zero vacancy for many years and is currently occupied on month to month rental agreements, offering investors an established rental history and flexibility for future ownership plans. Live in one unit while generating rental income from the other two, maximize your investment potential, or enjoy a combination of personal use and long term rental income. Each unit features a two level layout with an upstairs bedroom or living area, and two of the three units also offer ground-floor bedrooms. Ideally situated just moments from downtown Kings Beach, this property offers convenient access to shopping, restaurants, public transportation, and the area's expansive sandy beaches, complete with volleyball courts, basketball courts, a public boat launch and pier, BBQ pits, and playgrounds. Head in the opposite direction and discover an extensive network of backcountry trails for hiking, mountain biking, motor sports, backcountry skiing, and snowboarding. Enjoy the best of Tahoe living with year round outdoor recreation, lake activities, and the convenience of a vibrant North Shore community right outside your door. Whether you're seeking a multifamily investment property, an income generating real estate asset, an owner occupied investment, or a property with flexible rental opportunities in a highly desirable Lake Tahoe location, this unique triplex delivers outstanding potential. Rarely does an opportunity combine established rental income, multifamily ownership, and the quintessential Lake Tahoe lifestyle in one property!

Listed by Alex Min — Sierra Sotheby's Int Realty TC

Listing Details

Status Active
MLS # 20262100
Days on Market 1

Property History

Oct 10, 2026
Listed for sale
$699,999

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Apr 2016 · county record $310,000 Deed record — brokerage sides not reported

MLS closed sales, with duplicate ingestions collapsed and lease records excluded, so each row is a distinct transaction. Rows marked county record come from the assessor's deed data, which reaches back further than the MLS feed; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Beds 5
Baths 3.0
Year Built 1960
Property Type Single Family Residence
Style Other
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 090066021
Parking
Parking Features None, Parking Pad
Exterior & Lot
Lot Features Street
View Trees/Woods
Construction Frame
Roof Metal
Utilities & Systems
Heating Natural Gas, CFAH, Wall Furnace
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STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Standard
48
PROJECTED GROSS ANNUAL REVENUE
$45K – $80K typically ~$60,000
~$5,000 per month
Avg Nightly
$444
Occupancy
37%
Cap Rate
3.4%

STR Investment Summary — 8363 Golden Avenue, Kings Beach

Est. Gross Annual Revenue
$45K – $80K
typically ~$60,000
Avg Nightly Rate
$444
Projected Occupancy
37.0%
Cap Rate
3.4%
Structural Score: 48 / 100 (Standard) · STR Zone: Yellow

Nightly rates and occupancy from Kings Beach market data (60 comparable 4-bedroom rentals, 2026-08); seasonality from comparable Tahoe rentals. Gross of management, cleaning and platform fees. Assumes full-year availability, professional management and dynamic pricing; owner use reduces it. Estimates vary.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
2,700 sq ft covered of 1,564 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
6,257 sq ft
Allowed Coverage
1,564 sq ft · 25%
Existing Coverage
2,700 sq ft · 43%
Addable Coverage
0 sq ft

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Estimated coverage — data: TRPA GIS / Tahoe Open Data. The only authoritative determination of coverage and land capability is a Land Capability Verification through TRPA; actual allowable coverage can differ due to verifications, transfers, banked coverage, or deed restrictions.

TRPA parcel fact sheet ↗ How the Basin compares

Building Permit History

Placer County permit records for this parcel

Building/Residential/Full Review/NA
DONE
Permit #TCON B115515
Building/Residential/Full Review/NA
DONE
Permit #TCON 85977
Building/Residential/Full Review/NA
DONE
Permit #TCON 80823
Building/Residential/Full Review/NA
DONE
Permit #TCON P-116829
Building/Residential/Full Review/NA
DONE
Permit #TCON M95777
Building/Residential/Full Review/NA
DONE
Permit #TCON B116006

Public permit records from the Placer County permit portal, last checked 2026-09-29. Open permits should be finaled or closed before close of escrow; verify current permit status directly with the county.

Cost Segregation Tax Savings

Estimated first-year bonus depreciation savings

Estimated First-Year Tax Savings
$0
via bonus depreciation
Land Value
$0
Improvement Basis
$0
5-Year Property (18%)
$0
15-Year Property (10%)
$0
Estimates are for informational purposes only and do not constitute tax advice. Consult a qualified CPA or tax professional for your specific situation. Actual savings depend on individual tax circumstances.

Payment calculator

$4,358 per month
Principal & interest
$3,540/mo
Property taxes
$622/mo
1.0659% of the price, Placer County's 2025-26 rate, plus direct charges: California re-assesses a home at its sale price.
HOA dues
$0/mo
From MLS listing data.
Home insurance
$196/mo
CA FAIR Plan + DIC estimate, ~$2,200–$2,500/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($140,000)
Home price
$699,999
Loan details
30-yr fixed, 6.5%
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