16
See all 16 photos
$699,000
Est. payment /mo
4 Beds
2 Baths
1,920 SqFt
Contingent
8790 Rainbow Avenue Kings Beach, CA 96143
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Key Details
Property Type Multi-Family, Condo
Sub Type 2 Units
Listing Status CONTINGENT
Purchase Type For Sale
Square Footage 1,920 sqft
Price per Sqft $364
MLS Listing ID 20251093
Bedrooms 4
Property Sub-Type 2 Units
Property Description
This versatile multi-family residence offers an excellent opportunity in one of Kings Beach's most desirable neighborhoods. Featuring two distinct units, each with two bedrooms and two bathrooms, the property presents a compelling option as either an income-generating asset or for multiple households. With a total of 1,920 square feet of interior space, there's ample room to update and customize according to personal tastes or investment goals. Situated on a spacious lot, this property provides generous outdoor space—ideal for gardening, entertaining, or simply enjoying the mountain air. While the home is functional as-is, it also boasts strong renovation potential for those looking to increase value or create a long-term rental portfolio. Parking is available on-site, making year-round access convenient for residents and guests alike. Enjoy convenient access to local attractions including parks, restaurants, and shops. Jai Yen park is located nearby for outdoor relaxation, while a nearby grocery store ensures that daily errands are easily managed. Bus transportation options are located nearby for added convenience. This listing provides flexibility rarely found in the area, suitable for both investment purposes or owner occupancy with rental potential. With room to improve and a location that supports both lifestyle and income, this is one real estate opportunity that doesn't come around often—and when it does, it's usually gone before you can say “passive income.” Unit 2 is Tenant Occupied - Do Not disturb the tenant. To walk the property, permission needs to be given.
Location
State CA
County Placer
Area Brockway Vista-1So
Interior
Heating Baseboard, Electric
Exterior
Topography Level
Building
Lot Description STREET
Story 2
Sewer Utility District
Water Utility District
Listed by Ricki Manahan • Allison James Estates & Homes