722-724 Balboa, MISSION BEACH, CA

$3,025,000

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6

Beds

5

Baths

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® # 260012700
Price $3,025,000
Bedrooms 6
Bathrooms 5.00
Full Baths 5
Year Built 1990
Type Residential Income
Sub-Type Res Income 2-4 Units
Status Active

Community Information

Address 722-724 Balboa
Area San Diego (92109)
Subdivision Mission Beach
City MISSION BEACH
County San Diego
State CA
Zip Code 92109

Amenities

Amenities BBQ,Laundry Facilities
Utilities Sewer Connected
View Ocean
Is Waterfront No
Has Pool Yes

Interior

Heating Forced Air Unit
Cooling Central Forced Air
Fireplace Yes
Stories 3 Story

Exterior

Lot Description Alley Access,Sidewalks
Roof Composition
Construction Wood

Additional Information

Date Listed May 26th, 2026
Days on Market 71
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeFirst Reliant Inc

Listing Map

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