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$ 1,999,900
Est. payment /mo
Open Tue 9AM-10AM
818-820 Portsmouth San Diego, CA 92109
1,158 Sqft Lot
Open House
Tue May 26, 9:00am - 10:00am
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision Mission Beach
MLS Listing ID 260012362SD
HOA Y/N No
Year Built 1985
Lot Size 1,158 Sqft
Property Description
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.
Location
State CA
County San Diego
Area 92109 - Pacific Beach
Building/Complex Name NA
Interior
Cooling None
Fireplace No
Exterior
Fence Partial
View Y/N No
Roof Type Composition
Building
Story 2
Entry Level Two
Level or Stories Two
Others
Senior Community No
Tax ID 4235922100
Acceptable Financing Cash, Conventional, VA Loan
Listing Terms Cash, Conventional, VA Loan
Listed by Keegan Wetzel Real Broker #02153342