Active

722-724 Balboa

San Diego, CA 92109
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Bed 0

Bed

Bath 0

Bath

SqFt2,459

Sqft(Lot)

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 Inv estor’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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Detail Ic Property Details

Property Type : Residential Income

Price : $3,025,000

AD Id : 79260257

MLS Id : 260012700SD

Lot Size : 2,459 Sqft

Year Built : 1990

County : San Diego

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Feature Features

  • Bathroom Information

    Total Baths: 0
  • Interior Features

    Roof: Composition Property Appliances: Tankless Water Heater
  • Cooling Features

    Central Air Air Conditioning

    Heating Source

    Forced Air Has Heating

  • Building Information

    Year Built: 1990 Roof: Composition
  • Fencing

    Partial

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.0565
  • Lot Size Source: Other Lot Size Square Feet: 2459

  • Listing Price Information

    Original List Price: 3,025,000 Listing Contract Date: 2026-05-26
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 4237251200

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: 92109 - Pacific Beach Directions: CrossStreet: Strand way Source Property Type: Residential Income Area: 92109 - Pacific Beach
  • Building and Construction

    Property Age: 36 Year Built Source: Vendor Enhanced Levels or Stories: Three Or More
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2402 Alto Cero Circle, San Diego, CA, 92109 $3,695,000 4 4 3,613 3,613 SqFt
4801 Academy, San Diego, CA, 92109 $3,999,000 5 5 2,923 2,923 SqFt
3903 Haines, San Diego, CA, 92109 $2,850,000 5 -- 1,967 1,967 SqFt
3905 Haines, San Diego, CA, 92109 $2,975,000 5 5 1,967 1,967 SqFt
3901 Haines, San Diego, CA, 92109 $3,350,000 5 -- 2,207 2,207 SqFt
3535 Riviera Drive, San Diego, CA, 92109 $5,495,000 4 3 3,209 3,209 SqFt
15-1311 Pacific Beach Dr, San Diego, CA, 92109 $4,575,000 -- -- --
1250-1254 Parker Place, San Diego, CA, 92109 $3,800,000 -- -- 3,773 3,773 SqFt
88-3286 Bayside Walk, San Diego, CA, 92109 $3,210,000 -- -- --
4111 Bayard Street, San Diego, CA, 92109 $4,875,000 6 5 4,612 4,612 SqFt

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ByOwner last updated this listing 06/11/2026 @ 08:52

MLS: 260012700SD LISTED BY: Fausto Gutierrez, First Reliant Inc 949-903-9110 SOURCE: CRMLS

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