$3,025,000For sale
722 724 Balboa
San Diego, CA 92109 · MLS# 260012700SD
Listing courtesy of First Reliant Inc- 0Beds
- 0Baths
- 0Sq Ft
- 1990Year Built
About This Home
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.
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Property at a Glance: 722 724 Balboa
This residential income property at 722 724 Balboa, San Diego, CA 92109 is for sale at $3,025,000. The home has 0 bedrooms, 0 bathrooms and 0 square feet of living space. It was built in 1990 and sits on a lot of 0.06 acres. Reach out to set up a showing or ask for more details about this home.
Snapshot
- Status
- For sale
- Price
- $3,025,000
- Bedrooms
- 0
- Bathrooms
- 0
- Property Type
- Residential Income
- Year Built
- 1990
- Square Feet
- 0
- Lot Size
- 0.06 acres
- Days on Market
- 0
- MLS #
- 260012700SD
- County
- San Diego
- Subdivision
- Mission Beach
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Property Details
Building
Land
Money
Rooms
Structures
Mission Beach in San Diego, CA
722 724 Balboa is in the Mission Beach neighborhood of San Diego, CA. Ask Brad & Karen Mattonen about other homes for sale in Mission Beach and what nearby homes have sold for.
Mortgage Calculator
Principal and interest only. Taxes, insurance and HOA dues are extra.
Brad & Karen Mattonen Can Answer Your Questions About This Home
Why Work With Brad & Karen Mattonen?
Buying a home in San Diego, CA goes better with a local agent on your side. Brad & Karen Mattonen can set up private showings, pull the latest numbers for the area, and guide you through the offer and the closing. Call 858-518-2875 to get started. Whether 722 724 Balboa is the one or you would like to see other homes nearby, reach out any time.
Local facts
Facts and context beyond the MLS description
What the numbers say about 722 724 Balboa and the San Diego area around it.
Current market context
How this home compares in San Diego
- $643Median per sq ft
- 668Homes for sale like it
- 2Average days on market
Listing timeline
Price and status history
| Date | Event | Price |
|---|---|---|
| Jun 12, 2026 | Active | $3,025,000 |
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