8106 N North Lake Boulevard, Kings Beach, California

$2,195,000

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2

Beds

2

Baths

2,231

Square feet

About 8106 N North Lake Boulevard

Looking for an excellent income opportunity? Look no further than 8106 North Lake Blvd! This property offers endless possibilities for investors who are savvy enough to seize them. Located just steps from the lake, this property is perfect for a 1031 exchange or part-time retreat. The front commercial space comes with a reliable lease, ensuring a steady income stream. Meanwhile, the charming 2-bedroom, 2-bathroom home at the rear comfortably accommodates 6 guests and has a strong short-term rental income track record - and lake views! The current owners have updated the kitchen, baths, flooring, and patio, making it move-in ready. You can live in the back unit while earning from the commercial side or maximize your returns by renting both units. Plus, you can use the backside partially for yourself and rent it out part-time, giving you the flexibility to enjoy it as you see fit. And let's not forget about the location - you can throw a pine cone to the lake at Secline beach from the private back patio! The central Kings Beach location offers great parking and is a desirable spot for owners and renters alike. There are few other income opportunity properties at the lake, and none with this kind of mixed use and proximity to one of the lake's best beaches. If this opportunity piques your interest, it's definitely worth investigating!

Features of 8106 N North Lake Boulevard

MLS® # 20231069
Price $2,195,000
Bedrooms 2
Bathrooms 2.00
Square Footage 2,231
Acres 0.00
Year Built 1935
Type Residential
Sub-Type Single Family
Style Old Tahoe
Status Active

Community Information

Address 8106 N North Lake Boulevard
Area One North Unnamed-1nr
Subdivision North LakeTahoe
City Kings Beach
County Placer
State California
Zip Code 96143

Amenities

Features High Ceilings, Landscaping, Rental History
Parking Oversized, Other, Parking Pad
Garages None
View Lake, City
Waterfront Other
Has Pool No

Interior

Appliances Range, Oven, Microwave, Disposal, Dishwasher, Refrigerator, Washer, Dryer
Heating Natural Gas
Fireplace Yes
Fireplaces Insert, Living Room
Stories Two

Exterior

Roof Composition
Construction Framed, Brick
Foundation Perim Concrete

Additional Information

Date Listed June 30th, 2023
Days on Market 94
Short Sale No
RE / Bank Owned No

Listing Details

OfficeHome and Slate Real Estate

Listing Map

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