818-820 Portsmouth, San Diego, CA 92109

San Diego
Local realty services provided by:ERA North Orange County Real Estate
818-820 Portsmouth,San Diego, CA 92109
$1,999,900
  • 2 Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: keegan wetzel
Office: real broker
MLS#:260012362
Source:San Diego MLS via CRMLS

Price summary

  • Price:$1,999,900

About this home

Sun, sand, and serious cash flow. This Mission Beach tri-plex delivers the ultimate SoCal lifestyle investment. Just steps from both the bay and the ocean, the property features a charming 2-bed/1-bath house with a private deck, wood-burning fireplace, updated kitchen, in-unit laundry, and plenty of storage for all the boards and gear that come with beach life. Upstairs, two remodeled studios open onto a large sunny deck, perfect for the kind of mornings and evenings that make Mission Beach one of San Diego's most coveted short-term rental markets. All three units operate as active short-term rentals, generating strong consistent income with a 5.94% cap rate. Whether you're an investor looking to add a performing coastal asset or a buyer ready to live the beach life while your tenants cover the mortgage, the unit mix here gives you options. Opportunities like this, three income-producing doors in one of San Diego's tightest coastal markets, rarely come around.

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Home facts

  • Year built:1985
  • Listing ID #:260012362
  • Added:1 day(s) ago
  • Updated:May 21, 2026 at 10:36 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:3
  • Full bathrooms:3

Structure and exterior

  • Roof:Composition
  • Year built:1985
  • Construction Materials:Stucco
  • Levels:2 Story

Finances and disclosures

  • Price:$1,999,900
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