57
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$3,025,000
Est. payment /mo
6 Beds
5 Baths
2,459 Sqft Lot
New
722-724 Balboa San Diego, CA 92109
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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 260012700
Bedrooms 6
Full Baths 5
Year Built 1990
Lot Size 2,459 Sqft
Property Sub-Type Res Income 2-4 Units
Property 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.
Location
State CA
County San Diego
Community Bbq, Laundry Facilities
Area Coastal South
Interior
Heating Forced Air Unit
Cooling Central Forced Air
Fireplace No
Exterior
Fence Partial
Utilities Available Sewer Connected
View Y/N Yes
Water Access Desc Meter on Property
View Ocean
Roof Type Composition
Building
Story 3
Water Meter on Property
Level or Stories 3
Others
Senior Community No
Tax ID 4237251200
Acceptable Financing Cal Vet, Cash, Conventional, FHA, VA
Listing Terms Cal Vet, Cash, Conventional, FHA, VA
Listed by Fausto A Gutierrez, DRE#01926859 First Reliant Inc
NEARBY SCHOOL & BUSINESS
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