Triplex with Remodeled
For Sale
$1,999,900
Pending
818-820 Portsmouth, San Diego, CA 92109
Residential Income, San Diego, CA
Property SizeContact for details
Lot Size0.03 Acres
Days on Market147
Property Features for 818-820 Portsmouth
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 2, Bedroom 1, Bathroom 3, Bedroom 3, Bedroom 4, Bathroom 1, Bedroom 2
Subdivision
MISSION BEACH
Standard status
Pending
APN
423-592-21-00
Lot size
0.03 Acres
Building Details
Year built
1985
Floors in Building
2
Number of units
3
Roof type
Composition
Listing Agency:
Real Broker
(855) 450-0442
Listed By:
Keegan Wetzel · License #02153342
(708) 256-7904
Added: May 21
Changed: Oct 8
Last Checked: Oct 14 at 6:06AM
MLS# 260012362
Copyright © 2026 San Diego MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1985-built triplex at 818-820 Portsmouth includes three active short-term rental units on a 0.0266-acre lot. The front residence has two bedrooms and one bathroom, along with a private deck, wood-burning fireplace, updated kitchen, in-unit laundry, and interior storage. Two remodeled studio units occupy the upper level and share a sunlit deck. An attached garage and separate outdoor storage area accommodate boards, bicycles, and beach equipment.
The property is in Mission Beach, steps from both the bay and the ocean, with a San Diego postal address of 92109. The three-unit operation is supported by three years of financial records and a reported 5.94% cap rate. The property also includes an assumable loan structure, as described in the listing information.
The property is in Mission Beach, steps from both the bay and the ocean, with a San Diego postal address of 92109. The three-unit operation is supported by three years of financial records and a reported 5.94% cap rate. The property also includes an assumable loan structure, as described in the listing information.
Key Highlights
- Three‑unit Mission Beach property with all units operating as active short‑term rentals
- Front 2‑bedroom, 1‑bath residence with private deck and wood‑burning fireplace
- Two remodeled studios share an upper‑level sunlit deck
Property Analytics
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
686
Businesses Nearby
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Business Placement
Demographics for 92109, CA
44,671
Population
26,503
Households
1.7
Avg Household Size
35
Median Age
70%
College-Educated
97%
High-School Grad
7.6 sq mi
ZIP Area
5,878
Density / Sq Mi
$118,300
Median Household Income
$71,054
Median Earnings
$2,362
Median Rent
$1,136,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Triplex - Three active short-term rental units offer varied layouts, outdoor living areas, and beach-oriented amenities.
Where is this triplex located?
The property is located at 818-820 Portsmouth San Diego, CA.
What is the asking price?
The asking price for this property is $1,999,900.
What are key features of this property?
This property features: Three‑unit Mission Beach property with all units operating as active short‑term rentals; Front 2‑bedroom, 1‑bath residence with private deck and wood‑burning fireplace; Two remodeled studios share an upper‑level sunlit deck
