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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!
Listing Details
Property History
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.
STR Investment Analysis
Yellow ZoneSTR Investment Summary — 8363 Golden Avenue, Kings Beach
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
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 comparesBuilding Permit History
Placer County permit records for this parcel
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