722-724 Balboa, Pacific Beach/Mission Beach, CA 92109

$3,025,000
6
BD
5
BA

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List Price
$3,025,000
Days on Market
64
Status
ACTIVE
MLS#
260012700
Bedrooms
6
Bathrooms
5
Lot Size(apprx.)
2,459
City
Pacific Beach/Mission Beach
Neighborhood
Mission Beach
Complex/Building Name
Mission Beach
Property Type
Multifamily
Year Built
1990

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.

Additional Information

Building Name
Mission Beach
Cooling
Central Air
Heating
Forced Air
Lot Size
2,459
Neighborhood
Mission Beach
Roof
Composition
Tenant Pays
N/K
View
Ocean
Year Built
1990

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Fausto A Gutierrez (619-666-3592) from Listing Office: First Reliant Inc.

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