Save
Ask
Tour
Hide
Share
$1,999,900
6 Days On Site

818-820 Portsmouth
San Diego, CA 92109

For Sale|Residential Income|Active
0
Beds
0
Total Baths
1985
Built
Subdivision:
Mission Beach
County:
San Diego
Listed by Keegan Wetzel of Real Broker keegan@keeganwetzel.com

Questions? Call or text Jean and Ken Tritle/ Buyer's Agents at DreamWell Homes Realty # 760-798-9024. Thanks!

Call Now: 760-798-9024
Is this the listing for you? We can help make it yours.
760-798-9024
Upcoming Open Houses
Due to COVID-19, we recommend you verify Open Houses before attending.
Wed, Jun 3, 1:00 PM - 3:00 PM
818-820 Portsmouth818-820 Portsmouth818-820 Portsmouth818-820 Portsmouth
Save
Ask
Tour
Hide
Share

Mortgage Calculator

Monthly Payment (Est.)

$9,124
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

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 assumable financing alone makes this a rare opportunity. Three income-producing doors, one of San Diego's most in-demand STR markets, and a financing structure that simply doesn't exist in today's rate environment, this one will not last! ONLY date all 3-units are available for the Summer is 6/3 - contact listing agent to reserve your showing now!

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$1,999,900
Days On Site 
6 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.0266 Acres
Year Built 
1985
MLS® Number 
260012362SD
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
15 hours agoListing updated with changes from the MLS®
6 days agoListing first seen on site
General Features
Acres 
0.0266
Levels 
Two
Number Of Stories 
2
Interior Features
Heating 
Save
Ask
Tour
Hide
Share
Exterior Features
Fencing 
Partial
Roof 
Composition
Community Features
Financing Terms Available 
CashConventionalVA Loan
MLS Area 
92109 - Pacific Beach


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Save
Ask
Tour
Hide
Share

ACCESS ADVANCED HOME SEARCH

Call or Text DreamWell Homes Realty at 760-798-9024 for more information. Thank you!