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818 820 Portsmouth, San Diego, CA 92109

San Diego
Local realty services provided by:CENTURY 21 Valley Properties
818 820 Portsmouth,San Diego, CA 92109
$1,999,900
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  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: keegan wetzel
Office: real broker855-450-0442
MLS#:260012362SD
Source:CRMLS

Price summary

  • Price:$1,999,900

About this home

Yes, you read that right: a 2.75% assumable loan paired with three years of financials averaging $207K in annual income. Welcome to a Mission Beach tri-plex that does the math for you. Tucked just steps from both the bay and the ocean, this coastal investment delivers true SoCal lifestyle appeal. The front 2-bed/1-bath house offers a private deck, wood-burning fireplace, updated kitchen, in-unit laundry, and ample interior storage. Upstairs, two beautifully remodeled studios share a sunlit deck made for slow mornings and golden-hour evenings. An attached garage and a dedicated outdoor area for boards, bikes, and beach gear round out the package, giving guests (and owners) everything they need to live the Mission Beach lifestyle. All three units run as active short-term rentals with a proven 5.94% cap rate and consistent year-over-year performance. Whether you're an investor expanding a coastal portfolio or a buyer planning to live in one unit while the others cover the mortgage, the...

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Home facts

  • Year built:1985
  • Subdivision & Development:Mission Beach
  • Listing ID #:260012362SD
  • Added:113 day(s) ago
  • Updated:September 13, 2026 at 08:06 AM

Structure and exterior

  • Roof:Composition
  • Year built:1985
  • Lot area:0.03 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$1,999,900
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Valley Properties is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Valley Properties, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved. CRMLS Member Broker: Anthony Guetzoian

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