722 724 Balboa

San Diego, CA
$ 3,025,000 Beds 0 Baths 0
Monthly Estimate* How much can I afford?

Rare Coastal Duplex | 3 Homes from the Ocean | South Mission Beach Welcome to your slice of San Diego beach paradise. This exceptional beachside duplex places you just three homes from the sand — close enough to hear the waves, yet tucked in a coveted residential pocket of South Mission Beach. Set on a generous 2,459 sq ft lot — the property offers 2 beautifully appointed units designed for luxurious living & outstanding income potential. The Residences consist of an expansive upper unit which features 3 bedrooms, a bonus room, & 3 full bathrooms, crowned by a sweeping outdoor deck where ocean views and sea breezes make every day feel like a vacation. The equally impressive lower unit offers 3 bedrooms, 2 full bathrooms, & a large private patio perfect for al fresco entertaining. An Investor’s Dream as this property has the most difficult to obtain & coveted Tier 4 short-term rental license. Whether you’re seeking a premier vacation rental, long-term tenants, or the best of both worlds, the income potential here is exceptional. Practical upgrades include 3 parking spaces & 2 newer A/C units, ensuring comfort and convenience for residents and guests alike. Live Here. Earn Here. The flexible dual-unit layout creates a compelling owner-occupant opportunity — live in one unit and let the other generate income that offsets your costs & then some. The location is steps from the sand & surf, and moments from Mission Beach’s best dining, nightlife, & parks. This address delivers the ultimate coastal lifestyle with unmatched investment versatility.

Active

  • Price
  • $ 3,025,000
  • City
  • San Diego
  • Bedrooms
  • 0
  • Full Bathrooms
  • 0
  • County
  • San Diego
  • Half Bathrooms
  • 0
  • Area
  • Pacific Beach
  • Lot Size
  • 0.0565 Acres
  • Zip
  • 92109
  • Year Built
  • 1990
  • Style
  • MLS#
  • 260012700SD
Listed By: Fausto Gutierrez with First Reliant Inc;
Data Source: California Regional MLS (CRMLS)

Features

General

Heating ForcedAir
Cooling CentralAir
Possession CloseOfEscrow
Roof Composition
Appliances TanklessWaterHeater
Year Built 1990
View Ocean
Levels ThreeOrMore
County San Diego
Property Type ResidentialIncome
Subdivision Name Mission Beach
Status Active
Directions CrossStreet: Strand way
City San Diego
Senior Community Y/N false
Number Of Units Total 2
MLS Area 92109 - Pacific Beach
Lot Size Units SquareFeet
Lot Size Square Feet 2459
Listing Terms Cash,Conventional,CalVetLoan,FHA,VaLoan
Spa Features None
Standard Status Active
PostalCity SAN DIEGO

Interior Features

Total Stories 3
Air Conditioning Y/N true
Heating Y/N true

Exterior Features

Fencing Partial
Lot Size Area 2459
Park Name Mission Beach
Number of Buildings 1
Spa true
Lot Size Acres 0.0565
Lot Size Source Other

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Temecula, CA office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

5/26/2026 Listed $3,025,000

Property vs Zip Code Average in 92109

Price
AVG $3.39M
$3.03M
Year Built
AVG 1986
1990

In The Neighborhood

Areas That We Cover

722 724 Balboa San Diego, CA is a Single Family Home for sale at $3025000 and a lot size of 0.0565 Acres Acre(s). 722 724 Balboa San Diego has 0 bedrooms, 0 baths and was built in 1990. The property's zip code is 92109 which is in San Diego, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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