Kings Beach, CA 96143,8468 Rainbow Avenue #Silver Pines

$624,000

Est. payment /mo

$630,000

1.0%
Est.Price: ?

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8468 Rainbow Avenue #Silver Pines Kings Beach, CA 96143

3,052 SqFt

SOLD DATE : 06/26/2017

Key Details

Sold Price $624,000

Property Type Multi-Family

Sub Type 4+ Units

Listing Status Sold

Purchase Type For Sale

Square Footage 3,052 sqft

Price per Sqft $204

MLS Listing ID 20152588

Year Built 1957

Lot Size 0.330 Acres

Property Description

New reduced price!! Move to Lake Tahoe and be part of the Kings Beach rebirth! Just a couple of blocks from the beach & mid town, the 8 unit rental property includes a managers unit to live in yourself. Full occupancy in four- 1 bedroom & 4- studio units. Gross rents approx $5500-5800 per month. Outside parking for each unit on site. Play area, storage shed. Seller has re-invested substantial cleanup and upgrades during the past several years. Be a participant in the revitalization of the north shore. Call.

Location

State CA

County Placer

Community North Laketahoe

Area Brockway Vista-1So

Zoning mulitplex motel

Interior

Heating Electric

Exterior

Garage Black Top, Gravel

View Peek, Wooded, City, Downtown

Building

Lot Description STREET

Story 2

Foundation Perim Concrete

Sewer Utility District

Water Utility District

Others

Acceptable Financing submit offers

Listing Terms submit offers

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Listed by Sue Daniels • Coldwell Banker
Bought with David Westall • Oliver Luxury Real Estate

David Abarta

CA DRE #02100378 | License ID: 02100378

+1(530) 414-3124

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