$545,000 Active
738 San Francisco Avenue
South Lake Tahoe, CA 96150
✓ STR Allowed — Permit Required
City of South Lake Tahoe requires a Vacation Home Rental (VHR) permit — capped at roughly 900 permits citywide (residential zones), so availability varies. Verify current permit availability before counting on rental income.
2 Beds
·
1.0 Baths
·
672 Sq Ft
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About This Property

Welcome to 738 San Francisco Avenue, a Tahoe-esque cabin located in the highly desirable Al Tahoe neighborhood, just two blocks from the meadow and six blocks from the lakeshore. This well-maintained and 2 bedroom, 1 bathroom cabin preserves its classic Tahoe character while offering meaningful recent updates, including luxury vinyl plank flooring, roof, water heater, stove/oven, and heater. Situated on a large lot with future potential, the property features a private patio and storage shed, creating the perfect setting for year-round mountain living or a turnkey weekend escape. Just blocks from a local secret beach, this home offers unmatched access to nature, recreation, and the lake. An amazing opportunity to own a charming cabin in one of Tahoe's most sought-after neighborhoods.

Listed by James Amen — Amen Real Estate

Listing Details

Status Active
MLS # 142401
Days on Market 214
Sold Date 1800-01-01
Price/Sq Ft $811

Property History

Dec 20, 2025
Listed for sale
$545,000
Property Overview
Beds 2
Baths 1.0
Sq. Ft. 672
Lot Size 0.14 acres
Stories 1
Year Built 1959
Property Type Single Family Residence
Subdivision Al Tahoe 1
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 026092008000
Parking
Parking Features 0.00
Exterior & Lot
Construction Wood Frame
Roof Pitched,Composition
Utilities & Systems
Heating Wall or Space Heater
Cooling Wall or Space Heater
Financial
HOA / Community South Tahoe Association of Realtors
📊

STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED ANNUAL REVENUE
$142,500 ($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

STR Investment Summary — 738 San Francisco Avenue, South Lake Tahoe

Est. Annual Revenue
$30,371
Avg Nightly Rate
$167
Projected Occupancy
49.9%
Cap Rate
2.2%
Structural Score: 48 / 100 (Standard) · STR Zone: Yellow

Based on comparable vacation rental performance data for South Lake Tahoe. Revenue projections are estimates and may vary.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Room to build
1,022 sq ft covered of 1,805 sq ft allowed
784 sq ft of coverage still available to add.
Parcel Size
6,018 sq ft
Allowed Coverage
1,805 sq ft · 30%
Existing Coverage
1,022 sq ft · 17%
Addable Coverage
784 sq ft
Existing Units
1

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Figures come from TRPA's public parcel data and are estimates; verify before relying on them for a build or purchase.

Verify on Tahoe Info ↗

Cost Segregation Tax Savings

Estimated first-year bonus depreciation savings

Estimated First-Year Tax Savings
$0
via bonus depreciation
Land Value
$0
Improvement Basis
$0
5-Year Property (18%)
$0
15-Year Property (10%)
$0
Estimates are for informational purposes only and do not constitute tax advice. Consult a qualified CPA or tax professional for your specific situation. Actual savings depend on individual tax circumstances.

Payment calculator

$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($109,000)
Home price
$545,000
Loan details
30-yr fixed, 6.5%
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