For Sale
No HOANo HOA
Multi family home for sale at 722 724 Balboa, San Diego, CA 92109 | MLS# 260012700SD | Listing updated on 2026-06-12
Photo 1 of Multi family home for sale at 722 724 Balboa, San Diego, CA 92109 | MLS# 260012700SD | Listing updated on 2026-06-12
Photo 2 of Multi family home for sale at 722 724 Balboa, San Diego, CA 92109 | MLS# 260012700SD | Listing updated on 2026-06-12
Photo 3 of Multi family home for sale at 722 724 Balboa, San Diego, CA 92109 | MLS# 260012700SD | Listing updated on 2026-06-12
Photo 4 of Multi family home for sale at 722 724 Balboa, San Diego, CA 92109 | MLS# 260012700SD | Listing updated on 2026-06-12
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Listed by: Fausto Gutierrez (619) 666-3592 DRE #01926859 | First Reliant Inc (949) 903-9110

$3,025,000

Monthly Est:$15,057

  • Beds Icon6 Beds
  • Beds Icon
    5 Baths
  • Beds Icon--sqft

722 724 Balboa, San Diego, CA 92109

$15,057/moEst:

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  • Multi Family

  • Built in 1990

  • $-- HOA

  • 2,459 sqft lot

  • --/sqft

Description

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.

  • Houzeo last checked: 3 minutes ago
  • Listing updated: June 12, 2026 at 5:19 pm
  • Source: California Regional MLS-CA | MLS#: 260012700SD California Regional MLS-CA

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    3

  • County

    San Diego County

  • City

    San Diego

  • Neighborhood

    Mission Beach

  • Year Built

    1990

  • HOA Fees

    -

  • Finished Area

    - sqft

  • Lot Size

    2,459 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    California Regional MLS

  • MLS Number

    260012700SD

  • MLS Status

    Active

  • Days on Market

    164

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 6

    Bathrooms: 5

Interior

  • Appliances

    Tankless Water Heater

  • Cooling

    Central Air

  • Heating

    Forced Air

Construction

  • Year Built

    Year Built: 1990

  • Home type

    Multi Family

  • Roof

    Composition

Other Features

  • Subdivision Name

    Mission Beach

Price History

DateEventPrice

05/25/2026

Source: mls_logoCalifornia Regional MLS-CA #260012700SD

Listed for Sale

$3,025,000

$0/sqft

Nearby Homes

Based on information from California Regional Multiple Listing Service, Inc. as of Nov 06, 2026, 09:30PM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is 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. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.

Advertising Broker: William Johnson DRE #01463271 | William Johnson Brokerage

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