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Sold for $595,000 on 07/28/25
  • $595,000

    8790 Rainbow Ave, Kings Beach, CA 96143

    4beds
    4baths
    1,920sqft
    Multi Family
    Built in ----
    -- sqft lot
    $594,900 Zestimate®
    $310/sqft
    $4,555 Estimated rent

    What's special

    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.” Do not walk the property, permission needs to be given.

    Zillow last checked: 7 hours ago

    Listing updated: July 28, 2025 at 05:29pm

    Listed by:

    Ricki Manahan 530-681-8592,

    Allison James Estates & Homes

    Bought with:

    Mark A Lemmon, DRE #01939057

    Berkshire Hathaway HomeService

    Source: TSMLS,MLS#: 20251093MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    Heating
    • Baseboard, Electric
    Interior area
    • Total structure area: 1,920
    • Total interior livable area: 1,920 sqft

    Property

    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Features: STREET
    • Topography: Level
    Details
    • Parcel number: 090181057000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: OLD TAHOE
    • Property subtype: Multi Family
    Condition
    • New construction: No

    Utilities & green energy

    • Sewer: Utility District
    • Water: Utility District

    Community & neighborhood

    Location
    • Region: Kings Beach
    • Subdivision: North LakeTahoe

    Other

    Other facts
    • Listing agreement: EXCLUSIVE RIGHT
    Services availability
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