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818-820 Portsmouth San Diego, CA 92109
2 Beds
3 Baths
1,159 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision Mission Beach
MLS Listing ID 260012362
Bedrooms 2
Full Baths 3
Year Built 1985
Lot Size 1,159 Sqft
Property Sub-Type Res Income 2-4 Units
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 Coastal South
Interior
Fireplace No
Exterior
Fence Partial
View Y/N No
Roof Type Composition
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 423-592-21-00
Acceptable Financing Assumable, Cash, Conventional, Exchange, VA
Listing Terms Assumable, Cash, Conventional, Exchange, VA
Listed by Keegan Wetzel, DRE#02153342 Real Broker
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