Fantastic opportunity for a project with two older cabins on the same parcel in South Lake Tahoe. Renovate and enjoy as an investment property, or live in one and rent out the other. Located near the recreational path, take a short bike ride to South Tahoe's most popular beaches or simply walk up the street to restaurants and bars along Emerald Bay Road. The front cabin (721) has one bedroom, one bath, a utility room, and a storage loft, this unit needs improvements before occupying. The back cabin (723) has two bedrooms, one bath, and a fenced yard, this unit is in better condition and had the roof replaced in recent years. Gas and electric are separately metered for each unit. Both cabins now vacant after decades of tenancy, great options for investment and/or entry to home ownership.
For sale
$475,000
723 James Ave, South Lake Tahoe, CA 96150
3beds
2baths
1,132sqft
Est.:
Duplex
Built in 1958
-- sqft lot
$-- Zestimate®
$420/sqft
$-- HOA
What's special
- 8 days
- on Zillow |
- 2,137 |
- 125 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: August 15, 2025 at 08:10am
Listed by:
Matthew Lucksinger 831-747-7734 matt@lakevalleyproperties.com,
Lake Valley Properties
Source: STAOR,MLS#: 141680
Originating MLS: South Tahoe Association of Realtors

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Natural Gas, Wall or Space Heater
Cooling
- Other
Appliances
- Included: Gas Water Heater
- Laundry: In Unit
Features
- 1st Unit: 1 Bed - 1 Bath, 2nd Unit: 2 Beds - 1 Bath
- Windows: Storm Window(s), Metal Frame
- Has basement: No
Interior area
- Total structure area: 1,132
- Total interior livable area: 1,132 sqft
Property
Features
- Levels: Other/See Remarks
Lot
- Size: 4,791.6 Square Feet
Details
- Parcel number: 023151031000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Wood Frame, Wood Siding
- Foundation: Slab
- Roof: Pitched,Composition
Condition
- Year built: 1958
Utilities & green energy
- Utilities for property: Natural Gas Available, Cable Connected, Phone Connected
Community & HOA
Community
- Subdivision: Unavail
Location
- Region: South Lake Tahoe
Financial & listing details
- Price per square foot: $420/sqft
- Tax assessed value: $148,763
- Annual tax amount: $1,696
- Date on market: 8/15/2025
- Date available: 01/01/1800
- Total actual rent: 0
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