722-724 Balboa, San Diego, CA 92109
Local realty services provided by:Better Homes and Gardens Real Estate Champions
722-724 Balboa,San Diego, CA 92109
$3,025,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: fausto gutierrez
Office: first reliant inc949-903-9110
MLS#:260012700SD
Source:CRMLS
Price summary
- Price:$3,025,000
About this home
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....
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Home facts
- Year built:1990
- Listing ID #:260012700SD
- Added:1 day(s) ago
- Updated:May 27, 2026 at 10:30 AM
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air
- Central air:Yes
Structure and exterior
- Roof:Composition
- Year built:1990
- Lot area:0.06 Acres
Finances and disclosures
- Price:$3,025,000
Features and amenities
- Amenities:Tankless Water Heater
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