8638 Trout Ave Kings Beach, CA 96143
Estimated payment $18,035/month
Highlights
- View of Trees or Woods
- Mountain Architecture
- Level Lot
- Kings Beach Elementary School Rated A-
- 1-Story Property
About This Home
Just two blocks from the shores of Lake Tahoe, this updated 8-unit property offers an unbeatable blend of location, rental income, and modern upgrades. Ideally situated in the heart of Kings Beach, 8638 Trout Ave features seven fully furnished studio units and one spacious 2-bedroom, 1-bath unit, all on a single level. Units have been tastefully updated with stainless steel appliances, quartz countertops, and contemporary finishes, making them turnkey and attractive to both long-term and short-term tenants. Recent property improvements include a new roof, attic insulation, updated doors, and major interior upgrades. The large lot offers paved parking, a carport, and a spacious storage shed in a fenced area on the southeast corner of the property. Located in a highly walkable neighborhood, tenants enjoy easy access to the beach, restaurants, shops, parks, public transit, and local schools. This is a rare opportunity to own a low-maintenance, high-performing income property in a sought-after Tahoe community. Whether you’re looking to expand your investment portfolio or secure a prime property near Lake Tahoe, this Kings Beach gem delivers location, lifestyle, and a great investing opportunity.
Property Details
Home Type
- Multi-Family
Lot Details
- 0.29 Acre Lot
- Level Lot
Parking
- Gravel Driveway
Home Design
- Mountain Architecture
- Slab Foundation
- Composition Roof
Interior Spaces
- 3,562 Sq Ft Home
- 1-Story Property
- Views of Woods
Utilities
- Separate Meters
- Utility District
Community Details
- North Laketahoe Community
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/23/2025 08/23/25 | For Sale | $2,850,000 | +200.0% | $800 / Sq Ft |
| 05/03/2021 05/03/21 | Sold | $950,000 | -4.9% | $267 / Sq Ft |
| 02/16/2021 02/16/21 | Pending | -- | -- | -- |
| 02/15/2021 02/15/21 | For Sale | $999,000 | +5.2% | $280 / Sq Ft |
| 02/15/2021 02/15/21 | Off Market | $950,000 | -- | -- |
| 01/20/2021 01/20/21 | For Sale | $999,000 | 0.0% | $280 / Sq Ft |
| 12/23/2020 12/23/20 | Pending | -- | -- | -- |
| 11/09/2020 11/09/20 | For Sale | $999,000 | +85.0% | $280 / Sq Ft |
| 10/11/2016 10/11/16 | Sold | $540,000 | -14.9% | -- |
| 08/14/2016 08/14/16 | Pending | -- | -- | -- |
| 05/17/2016 05/17/16 | For Sale | $634,900 | -- | -- |
Source: Tahoe Sierra Board of REALTORS®
MLS Number: 20251946
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