North Lake Tahoe Income Property for Sale

8776 Rainbow Avenue,
Brockway Vista, Kings Beach, CA 96143

Listing Price: $629,000

Great Investment Opportunity- Desirable 4 unit appartment building with (3) two bedroom, 1.5 bathrooms appartments and (1) one bedroom, 1 bathroom appartment.

3 units currently leased, 1 unit undergoing remodel. 100% occupany last 5 years. Currently grossing $3300/mo. Two year old poly-foam roof, newer Carrier heating units, electric heat and many upgrades.

Located near the end of Rainbow Ave. close to Forest service land with hiking/biking/skiing nearby. Also near local town amenities and work places. Well maintained property with excellent rental history. Kings Beach is currently undergoing many major improvements and upgrades, including new construction in the neighborhood.

Income Property 4 - Units Lot Size 75 x 125 Existing Rental Income

2,880 Square Feet (approx.) Paved Parking for 6 cars Placer County, CA MLS #