This property has 3 residential units and is a choice for multiple-generation housing. It is also ready for the buyer looking to transform one of the three units into a comfortable owner’s residence while keeping the other two as rental units to generate income. Step 1: Choose the Owner’s Unit Best Option: Convert one of the two-bedroom units into your personal residence. More space and privacy Access to private deck and yard Dual entry points for flexibility : Step 2: Upgrade for Comfort Enhance the chosen unit with: Interior upgrades: Modern kitchen appliances, updated bathroom fixtures, fresh paint, and cozy flooring (e.g., hardwood or luxury vinyl) Smart home features: Thermostat, lighting, and security Outdoor enhancements: Fenced yard, garden space, or hot tub : Step 3: Optimize Rental Units Keep the studio and the remaining two-bedroom unit as rentals: Furnish for short-term or long-term tenants Maintain a utilities-included rent model for simplicity Consider vacation rental potential for the studio (if zoning allows) Step 4: Financial Planning Estimated Gross Income: ~$69,000/year from the 3 units as rentals Owner’s unit: No rent, but utility costs may shift slightly Loan Options: May still qualify for a residential 1–4 unit loan
For sale
$949,000
8630 Steelhead Ave #1-3, Kings Beach, CA 96143
5beds
2,164sqft
Est.:
Single Family Residence
Built in 1973
7,840.8 Square Feet Lot
$-- Zestimate®
$439/sqft
$-- HOA
What's special
Garden spaceFenced yardFresh paintSmart home featuresUpdated bathroom fixturesHot tubPrivate deck and yard
- 23 hours |
- 120 |
- 4 |
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