722 724 Balboa, San Diego

$3,025,000

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6

Beds

5

Baths

0.06

Acres

About 722 724 Balboa

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.

Features of 722 724 Balboa

MLS® # 260012700SD
Price $3,025,000
Bedrooms 6
Bathrooms 5.00
Acres 0.06
Year Built 1990
Type Residential Income
Status Active

Community Information

Address 722 724 Balboa
Area 92109 - Pacific Beach
Subdivision Mission Beach
City San Diego
County San Diego
Zip Code 92109

Amenities

View Ocean
Is Waterfront No
Has Pool No

Interior

Appliances Tankless Water Heater
Heating Forced Air
Cooling Central Air
Has Basement No
Fireplace No
# of Stories 3
Stories Three Or More

Exterior

Roof Composition

Additional Information

Date Listed May 26th, 2026
Days on Market 110
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentFausto Gutierrez
OfficeFirst Reliant Inc

Listing Map

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