$685,000 Active
838 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.
4 Beds
·
1,296 Sq Ft
Virtual Tour

About This Property

Located just five blocks from the shores of Lake Tahoe, 838 San Francisco Avenue presents a rare opportunity to own a charming duplex consisting of two separate two-bedroom, one-bath cabins. Just a few blocks from local restaurants, cafs, and neighborhood favorites, the property offers the perfect balance of convenience and mountain charm. Each cabin provides comfortable, private living, making this an ideal investment property or an excellent opportunity to live in one cabin while generating rental income from the other. With its low-maintenance appeal, flexible living options, and sought-after location close to the lake, this property is well suited for full-time residents, second-home owners, and investors alike.

Listed by Jarred Uppendahl — Realty World Lake Tahoe

Listing Details

Status Active
MLS # 143150
Days on Market 1
Sold Date 1800-01-01
Price/Sq Ft $529

Property History

Jul 03, 2026
Listed for sale
$685,000
Property Overview
Beds 4
Sq. Ft. 1,296
Lot Size 0.14 acres
Year Built 1974
Property Type Duplex
Subdivision Al Tahoe 1
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 026102009000
Parking
Total Parking 4
Exterior & Lot
Exterior Features Storage Shed
Construction Wood Frame
Roof Pitched, Composition
Foundation Slab
Utilities & Systems
Heating Natural Gas, Wall or Space Heater
Cooling None
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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 — 838 San Francisco Avenue, South Lake Tahoe

Est. Annual Revenue
$33,654
Avg Nightly Rate
$298
Projected Occupancy
31.5%
Cap Rate
2.0%
Structural Score: 39 / 100 (Standard) · STR Zone: Yellow

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

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% ($137,000)
Home price
$685,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

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