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722-724 Balboa San Diego, CA 92109
$3,025,000 6 beds, 5 baths
0 sqft
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Thomas Van REALTOR® - Sales Associate 619-726-9832 m
Lic#: 02077006
NRDS ID: 196577555
ThomasVan@bhhscal.com
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Lic#: 02077006
NRDS ID: 196577555
ThomasVan@bhhscal.com
San Diego Central Office
2355 Northside Drive, Suite 180
San Diego, CA 92108
Phone: 619-294-3113
Fax: 619-521-0100
San Diego Central 2355 Northside Drive, Suite 180
San Diego, CA 92108
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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.

Listing Details

Property type: Res Income 2-4 Units (Multi-Family)
Status: ACTIVE
MLS# 260012700
List price is $3,025,000
HOA Fee is $0.00
Beds: 6
Baths: 5 (5 full)
Built in 1990
3 stories
0.00 acres
Subdivision: MISSION BEACH
County: San Diego
Construction: Wood
Heating description: Forced Air Unit
MLS area: Coastal South

Last Updated: 8/6/2026

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This listing belongs to the Coastal South MLS area

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Lat/Long: 32.762619, -117.251691.
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Listing Agent: Fausto A Gutierrez
Lic#: 02077006
Office Name: San Diego Central

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

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Photo of Thomas Van

Thomas Van REALTOR® - Sales Associate 619-726-9832 m
Lic#: 02077006
NRDS ID: 196577555
ThomasVan@bhhscal.com
Text Me
Call My Cell
Lic#: 02077006
NRDS ID: 196577555
ThomasVan@bhhscal.com

San Diego Central Office
2355 Northside Drive, Suite 180
San Diego, CA 92108
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