About 8489 Trout Street
Exceptional investment opportunity in the heart of Kings Beach—this fully leased 10-unit multifamily property offers strong in-place income just blocks from the shores of world-famous Lake Tahoe. Comprised of 9 studio units and 1 one-bedroom unit, the property is ideally located one block off Main Street in a sunny, friendly neighborhood surrounded by mature trees. The majority of the property underwent extensive renovations in 2023/2024, providing updated interiors and improved functionality throughout. A standout feature is the spacious communal kitchen and shared living area, fully renovated in 2023, creating an inviting atmosphere for residents. The property also includes an on-site laundry facility equipped with brand-new paid Speed Queen washer and dryer units. Additional highlights include plentiful on-site parking, strong rental demand, and a prime walkable location near shopping, dining, recreation, and the lakefront. This is a rare opportunity to acquire a turnkey, income-producing asset in one of North Lake Tahoe’s most desirable communities.
Features of 8489 Trout Street
| MLS® # | 20261127 |
|---|---|
| Price | $1,890,000 |
| Square Footage | 2,656 |
| Acres | 0.22 |
| Year Built | 1958 |
| Type | COMMERCIAL/INDUSTRIAL |
| Sub-Type | Commercial |
| Status | ACTIVE |
Community Information
| Address | 8489 Trout Street |
|---|---|
| Area | BROCKWAY VISTA-1SO |
| Subdivision | North LakeTahoe |
| City | Kings Beach |
| State | CA |
| Zip Code | 96143 |
Amenities
| Parking Spaces | 10 |
|---|---|
| Parking | Black Top |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| Stories | ONE |
| Has Basement | No |
Exterior
| Exterior Features | Parking/10+ Spaces |
|---|---|
| Lot Description | 75x125x75x125 |
Additional Information
| Date Listed | June 10th, 2026 |
|---|---|
| Days on Market | 1 |
| Zoning | 028 |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | COMPASS |
|---|