Water Views
Address
722 724 Balboa, San Diego, CA
Price
$ 3,025,000
Property Attributes
- MLS#260012700SD
- TypeSingle Family
- Listing Status Active
- CountySan Diego
- CitySan Diego
- Area Pacific Beach
- NeighborhoodMission Beach
- Zip92109
- Style
- Year Built1990
- Price$ 3,025,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.0565 Acres
Data Source:
California Regional MLS (CRMLS)
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.
| Price History | |
|---|---|
| 5/26/2026 | Listed $3,025,000 |
General Features
| Heating | ForcedAir |
|---|---|
| Cooling | CentralAir |
| Possession | CloseOfEscrow |
| Roof | Composition |
| Appliances | TanklessWaterHeater |
| Year Built | 1990 |
| View | Ocean |
| Levels | ThreeOrMore |
| County | San Diego |
| Property Type | ResidentialIncome |
| Subdivision Name | Mission Beach |
| Status | Active |
| Directions | CrossStreet: Strand way |
| City | San Diego |
| Senior Community Y/N | false |
| Number Of Units Total | 2 |
| MLS Area | 92109 - Pacific Beach |
| Lot Size Units | SquareFeet |
| Lot Size Square Feet | 2459 |
| Listing Terms | Cash,Conventional,CalVetLoan,FHA,VaLoan |
| Spa Features | None |
| Standard Status | Active |
| PostalCity | SAN DIEGO |
Interior Features
| Total Stories | 3 |
|---|---|
| Air Conditioning Y/N | true |
| Heating Y/N | true |
Exterior Features
| Fencing | Partial |
|---|---|
| Lot Size Area | 2459 |
| Park Name | Mission Beach |
| Number of Buildings | 1 |
| Spa | true |
| Lot Size Acres | 0.0565 |
| Lot Size Source | Other |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 92109
Price
Year Built
In The Neighborhood
Water Views
San Diego
$ 1,650,000
713 San Jose Pl
San Diego, CA 92109
- Type
- Single Family
- Size
- 792 SqFt
- Rooms
- 2 Beds + 2 Baths
San Diego
$ 1,899,000
737 Whiting Court
San Diego, CA 92109
- Type
- Single Family
- Size
- 1,083 SqFt
- Rooms
- 3 Beds + 2 Baths
Water Views
San Diego
$ 2,395,000
724 Seagirt Ct
San Diego, CA 92109
- Type
- Single Family
- Size
- 1,487 SqFt
- Rooms
- 3 Beds + 2.5 Baths
San Diego
$ 8,885,000
3795 Ocean Front Walk
San Diego, CA 92109
- Type
- Single Family
- Size
- 3,385 SqFt
- Rooms
- 6 Beds + 6 Baths
Reduced
San Diego
$ 2,385,000
818 Queenstown Court
San Diego, CA 92109
- Type
- Single Family
- Size
- 1,354 SqFt
- Rooms
- 3 Beds + 3 Baths
San Diego
$ 1,150,000
716 Toulon Ct
San Diego, CA 92109
- Type
- Single Family
- Size
- 684 SqFt
- Rooms
- 1 Beds + 1 Baths
Water Views
San Diego
$ 2,750,000
749 Zanzibar Ct
San Diego, CA 92109
- Type
- Single Family
- Size
- 1,544 SqFt
- Rooms
- 3 Beds + 3 Baths
Water Views
San Diego
$ 7,850,000
2741 Bayside Walk
San Diego, CA 92109
- Type
- Single Family
- Size
- 4,056 SqFt
- Rooms
- 3 Beds + 3 Baths
San Diego
$ 2,200,000
716 Dover
San Diego, CA 92109
- Type
- Single Family
- Size
- 858 SqFt
- Rooms
- 3 Beds + 1 Baths
Water Views
San Diego
$ 8,450,000
701 Sunset Ct
San Diego, CA 92109
- Type
- Single Family
- Size
- 2,200 SqFt
- Rooms
- 4 Beds + 3.5 Baths
Water Views
San Diego
$ 2,695,000
822 Seagirt Ct
San Diego, CA 92109
- Type
- Single Family
- Size
- 1,240 SqFt
- Rooms
- 3 Beds + 3 Baths
Reduced
San Diego
$ 4,499,000
2636 38 Strand Way
San Diego, CA 92109
- Type
- Single Family
- Size
- 2,626 SqFt
- Rooms
- 4 Beds + 5 Baths
Based on information from California Regional Multiple Listing Service, Inc. as of September 20, 2026 10:20 PM UTC This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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