8790 Rainbow Avenue

Kings Beach CA 96143

1920 sq. ft.

Multi-Family

Last sold for $595,000

Ricki Manahan, last sold this property on 28 July 2025 after -137 days on market.

Overview

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.

Features

4 bedrooms

2 bathrooms

1920 sq. ft. floor area

Multi-Family

Estimated Value

We need at least 3 similar 4 bedroom multi families sold in Kings Beach over the last 12 months.

Property history for 8790 Rainbow Avenue

2025

Sold

$595,000

28 Jul 2025 by Ricki Manahan, of Allison James Estates & Homes

2010

Sold

$160,000

14 Oct 2010 by Denise Mix, of Sierra Sotheby's Int Rlty TK2

Happy sellers in Kings Beach

We have insufficient information to provide an overview of customer satisfaction for Kings Beach. Viewing the agent profiles, reviews and sales for Kings Beach can provide insights for this location.

Local market activity for 4 bedroom multi families in Kings Beach

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Kings Beach for a market analysis.

Karen Degney

at Sierra Sotheby’s International Realty

(28 reviews)

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W. Al Colhoun

at Sierra Sotheby's Int Realty TC

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David Howie

at David J Howie, Broker

(4 reviews)

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Breck Overall

at Sierra Sotheby's Int - Rock

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Nearby agents

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Karen Degney

Sellers who recommend Karen Degney have praised them for being local expert, clear communication, responsive, dedicated, reliable, stress-free process, and supportive