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.
Property Details
Price:
$3,025,000
MLS #:
260012700SD
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subdivision:
Mission Beach
Neighborhood:
92109pacificbeach
Listed Date:
May 26, 2026
Lot Size:
2,459 sqft / 0.06 acres (approx)
Year Built:
1990
See this Listing
Schools
Interior
Appliances
TW
Cooling
CA
Heating
FA
Levels
C
Exterior
Fencing
PTL
Roof
CMP
Spa Features
NO
View
OC
Financial
Map
Community
- Address724 Balboa San Diego CA
- SubdivisionMission Beach
- CitySan Diego
- CountySan Diego
- Zip Code92109
Subdivisions in San Diego
- Bay Park
- BP
- Carmel Mountain Ranch
- Carmel Valley
- Casa Dorado 32501
- CAV
- CH
- Chula Vista
- City Heights
- Civita CIVI
- Clairemont
- CLM
- College Grove
- Crown Point
- Del Cerro
- Downtown
- Downtown Area DOWN
- DWTN
- East San Diego
- Encanto
- ENCTO
- Escala ESCL
- Hillcrest
- Imperial Beach
- Kearny Mesa
- Kensington
- La Jolla
- La Mesa
- Linda Vista
- Logan Heights
- LV
- Middletown
- Mira Mesa
- Mirador MIRD
- Mirasol MIR
- Mission Beach
- Mission Hills
- Mission Valley
- Mission Village
- Mount Helix
- Normal Heights
- North Park
- NP
- Ocean Beach
- Old Town
- Pacific Beach
- Paradise Hills
- Park Villas PKVL
- Park Vista PV
- Point Loma
- Poway
- Rancho Bernardo
- Rancho Pacifica 1 261701
- Rancho Penasquitos
- Rancho Santa Fe
- Sabre Spr
- San Carlos
- San Diego
- San Ysidro
- SANT
- Santaluz
- Scripps Ranch
- SD
- Serra Mesa
- Smoke Tree SMTR
- South Sd
- Stonebridge 3700
- Talmadge
- The Lakes LK
- Tierrasanta
- Torrey Highlands
- University City
- University Heights
- Villa Portofino 32283
- Woodcrest WT
Market Summary
Current real estate data for Single Family in San Diego as of May 30, 2026
1,955
Single Family Listed
64
Avg DOM
615
Avg $ / SqFt
$1,339,583
Avg List Price
Property Summary
- Located in the Mission Beach subdivision, 724 Balboa San Diego CA is a Single Family for sale in San Diego, CA, 92109. It is listed for $3,025,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1990. The average price per square foot for Single Family listings in San Diego is $615. The average listing price for Single Family in San Diego is $1,339,583.
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724 Balboa
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