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Triplex with Short-Term Rental Units

818-820 Portsmouth San Diego, CA 92109

Claim this Listing
Pending
$1,999,900

MULTI_FAMILY - San Diego, CA

Lot size:
0.03 Acres
Added:
May 21, 2026
Days on Market:
53
Last Refresh:
Jul 12 at 1:06 am

Property Features for 818-820 Portsmouth

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
3
Rooms
Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 3, Bedroom 4, Bathroom 1, Bedroom 3
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 agent Keegan Wetzel License #02153342

Listing office Real Broker 1420 Kettner Blvd #100 Jason Lopez, La Mesa, CA

Listing date May 21, 2026

MLS# 260012362 Listing URL

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 triplex includes a front 2-bedroom, 1-bath house and two upstairs studio units. The front home features a private deck, a wood-burning fireplace, an updated kitchen, in-unit laundry, and ample interior storage. The two upstairs studios have been remodeled and share a sunlit deck.

The property is located at 818-820 Portsmouth in San Diego, CA 92109, and is described as being near the bay and the ocean in the Mission Beach area. An attached garage and a dedicated outdoor area are included for boards, bikes, and beach gear.

All three units are currently operated as active short-term rentals. The listing provides that the property has three years of financials averaging $207,000 in annual income, and references a 2.75% assumable loan. The offering is positioned for an investor seeking three income-producing doors, or a buyer who may want to occupy one unit while the others generate rental revenue. Scheduled availability for showings is stated for Monday, 6/15 at 4 PM, and the remarks indicate multiple offers received with some counteroffers sent as of 6/13.

Key Highlights

  • Mission Beach tri‑plex built in 1985 with composition roof
  • Front unit: 2 bed/1 bath with private deck, wood‑burning fireplace, updated kitchen, and in‑unit laundry
  • Upstairs units: two remodeled studios that share a sunlit deck

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

HVAC Service Daycare Center Building Supply Plumbing Service Garden Center Locksmith Big Box & Wholesale Store Grocery & Convenience Store Auto Repair Shop Carpet & Flooring Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Three rental units feature decks, remodeled studio space, in-unit laundry, and an attached garage for tenant and owner convenience.
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: Mission Beach tri‑plex built in 1985 with composition roof; Front unit: 2 bed/1 bath with private deck, wood‑burning fireplace, updated kitchen, and in‑unit laundry; Upstairs units: two remodeled studios that share a sunlit deck
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