38580 Kalifornsky Beach Road, Kenai, AK 99611

$514,000
Property Type: Multi-Family Bedrooms: 6 Baths: 6 Square Footage: 3,408 Lot Size (sq. ft.): 52,708 Status: Closed
Current Price: $514,000 Last Modified: 12/19/2025

Description

This spacious one owner tri-Plex has been well cared for boasting $384,760.00 in renovations over the years (see upgrades list in the documents). Unit #1 is a 2 bed/1 bath going to be $1400.00 a month + electric, Unit #2 is a 2 bed/1 bath advertised at $1600.00 a month + electric and Unit #3 is the owners 2 bed/1.5 bath unit featuring a rec room and bonus storage room! All units have GARAGE!

Supplements: Live in one unit & earn income on the other 2! Now is your chance to invest in yourself and your future. Located in a paved year round maintained road in a fire service area. Updates/Upgrades Below, Unit 1 2018-New windows $2200.00 2018-Scrapped acoustic ceiling for update purposes $1300.00 2023-New carpet & vinyl throughout unit $3400.00 2025-Added oversized concrete pad $7500.00 Within last 3 years-New appliances $3300.00 Unit 2 2018-Had a carport and converted this area into a garage $26,900.00 2020-Added exterior entry and back deck $11,700.00 Within last 10 years-New appliances $3300.00 2023-New hot water heater $890.00 Unit 3 2004 New natural gas stove $880.00 2020-Added addition 14 by 22 (308 sq ft) main level & upper level gaining 616 square feet $117,040.00 2025-Add 14 by 22 upper back deck w/treated wood $25,500.00 Within last 10 years-New appliances $3300.00 Exterior Improvements 2000-Expanded driveway $27,000.00 2002-Enlarged & overbuilt septic $9700.00 2018-2ct Hi-Tunnels at $30,000.00 each; $60,000.00 total 2018-2 Storage sheds $16,000.00 2018-3 Small Green Houses $18,500.00 2018-1 Tarp Shed $1500.00 2018-4 Apple Trees & 2 Cherry Trees $3900.00 New bathroom building w/flushing toilet near greenhouse/shed area of property $5000.00 Exterior Building Improvements 2020-New Metal Roof $33,650.00 Total upgrades $382,460.00 Sellers Monthly Expenses $182.69 Owners Unit Power/HEA Tenants Pay Their Power $65.00 Garbage Service $376.00 Enstar Auto Pay $116.67 Building Insurance $57.28 Property Taxes ______________________ $797.64 Total Son in law mows the lawns, does general maintenance and plows the driveway. Rents Market shows rents can be as low as $1500 + Electric up to $1600.00 + electric for unit #1 & Unit #2 and Unit #3 can rent for $1900.00-$2200.00 due to the added massive bonus room (upper level off main living area) and multi-purpose storage bonus room (main level). Rentals Unit #1 is month to month Unit #2 is available for rent $1600 a month + electric Unit #3 is owner occupied

More Information MLS# 25-12637

Contract Info

Foreclosure/Bank Own: No Price-List: 514000 Date-Listing: 2025-10-01 Status: Closed

Location, Tax and Legal

Region: 1 - Southcentral Alaska Region Borough/Census Area: 1B - Kenai Peninsula Borough Grid # (Muni Anch): N/A Tax Map #-Mat-Su: N/A Legal: Kenai River Bridge Amended L3 B1 Taxes (Estimated): 687.33 Tax Year: 2025 School-Elementary: BTV-Undiscl by LL School-Middle: BTV-Undiscl by LL School-High: BTV-Undiscl by LL

Property Info

Realtor.com Type: Multi-Family Construction Status: Existing Structure Bathrooms Half: 3 Bathrooms Three Quarter: 0 Bathrooms Full: 3 Bathrooms Total: 6 Bldgs-Ttl #: 3 Acres: 1.21 SF-Lot: 52707.6 Lot Area Source: Tax Authority Year Remodeled: 2025 Year Updated: 2025 Zoning: UNZ - Not Zoned Garage Spaces: 3 Carport Spaces: 0 Prkg Spcs: 15 Beds: 6 Year Built: 1982 SF-Res: 3408 Number of Units: 3

Directions and Remarks

Directions: Kalifornsky Beach Road South, 1st driveway on left past Kenai Feed

Multi-Family Type

Tri-Plex: 1

Building Info

Units- # of 2 BR: 3

Listing Terms Financing

1031 Exchange: 1 Cash: 1 Conventional: 1 VA Loan: 1 Other: 1

Exterior Finish

Wood: 1

Heating

Baseboard: 1 Natural Gas: 1 Radiant: 1

Topography

Level: 1

Roof Type

Metal: 1

Construction Type

Wood Frame: 1

Foundation Type

Block: 1

Wtrfrnt-Access Near

River: 1

Garage Type

Attached: 1 Heated: 1

Wtrfrnt-Frontage

None: 1

Carport Type

None: 1

Flooring

Carpet: 1 Laminate: 1 See Remarks: 1

Sewer-Type

Septic Tank: 1

Water Source

Private: 1 Well: 1

Access Type

Dedicated Road: 1 Government: 1 Paved: 1 Maintained: 1

Mortgage Info

EM Minimum Deposit: 5000

Features-MultiFamily

CO Detector(s): 1 Owner Occupied: 1 Shed: 1 Smoke Detector(s): 1 Vaulted Ceiling(s): 1 Washer/Dryer: 1 Washer/Dryer HkUp: 1

Docs Avl for Review

Docs Posted on MLS: 1 Prop Discl Available: 1 Survey: 1

Income & Expenses

Exp-Elec/Yr Avg: 2192.28 Exp-Gas/Yr Avg: 4512 Exp-Refuse/Yr Avg: 780 Exp-Tax & Ins/Yr: 687.33

Unit #1

Bath - Full: 1 Bedroom: 2 Kitchen: 1 Living Room: 1 Garage: 1 Parking Spaces: 2

Unit #2

Bath - Full: 1 Bedroom: 2 Kitchen: 1 Living Room: 1 Garage: 1 Parking Spaces: 2

Unit #3

Bath - Full: 1 Bath-Half: 1 Bedroom: 2 Dining Room: 1 Kitchen: 1 Living Room: 1 Utility Room: 1 Extra Room: 1 Garage: 1 Parking Spaces: 3

Sold Info

Date-Pending: 2025-10-28 Date-Closing: 2025-12-18

Location Tax and Legal

Area: 305 - Kenai Street #: 38580 Street Name: Kalifornsky Beach Arterial: Road Closest USPS Town: Kenai State: AK Zip Code: 99611

Property Features

Multi-Family Type: Tri-Plex Exterior Finish: Wood Roof Type: Metal Foundation Type: Block Construction Type: Wood Frame Garage Type: Attached; Heated Carport Type: None Heating: Baseboard; Natural Gas; Radiant Sewer-Type: Septic Tank Water Source: Private; Well Access Type: Dedicated Road; Government; Paved; Maintained Topography: Level Wtrfrnt-Frontage: None Wtrfrnt-Access Near: River Features-MultiFamily: CO Detector(s); Owner Occupied; Shed; Smoke Detector(s); Vaulted Ceiling(s); Washer/Dryer; Washer/Dryer HkUp Flooring: Carpet; Laminate; See Remarks Docs Avl for Review: Docs Posted on MLS; Prop Discl Available; Survey Listing Terms Financing: 1031 Exchange; Cash; Conventional; VA Loan; Other

Documents

Listing Office: EXP Realty, LLC
IDX
Last Updated: December - 19 - 2025
The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than the site owner are marked with the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Site contains live data.