32.762583 -117.251685
First Image
Image 1Image 2Image 3Image 4
Image 5Image 6Image 7Image 8Image 9Image 10Image 11Image 12Image 13Image 14Image 15Image 16Image 17Image 18Image 19Image 20Image 21Image 22Image 23Image 24Image 25Image 26Image 27Image 28Image 29Image 30Image 31Image 32Image 33Image 34Image 35Image 36Image 37Image 38Image 39Image 40Image 41Image 42Image 43Image 44Image 45Image 46Image 47Image 48Image 49Image 50Image 51Image 52Image 53Image 54Image 55Image 56

Listed by First Reliant Inc, Fausto Gutierrez.

MLS Source logo

722 BalboaSan Diego, CA 92109

Active
$3,025,000
0
0 SqFt

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.


FACTS & FEATURES

  • Property Type:
    Residential Income
  • Architectural Style:
  • Bedrooms:
  • Bathrooms:
    0
  • Dwelling Size:
    0 SqFt
  • Lot Size:
    0.06 Acres
  • Lot Description:
  • Stories:
  • Year Built:
    1990
  • Interior Features:
  • Exterior Features:
  • Parking:

    Garage or Parking Spaces:
    Features:
  • Area:
    92109 - Pacific Beach
  • Views:
    Ocean
  • Schools:
  • HOA:
  • Senior Community:
    False
  • Heating:
    Forced Air
  • Cooling:
    Central Air
  • Appliances:
    Tankless Water Heater
  • Fireplace:
    Fireplace(s):
    Features:
  • Accessibility:
  • Security Features:
  • Foundation:
  • Roof:
    Composition

LOCATION


REQUEST INFORMATION

Listing Office: First Reliant Inc. Listing Agent: Fausto Gutierrez. Listing ID: 260012700SD

Last Updated May 26, 2026 1:56 PM
Data last checked against CRMLS on June 16, 2026 9:52 AM

Based on information from California Regional Multiple Listing Service, Inc. as of June 16, 2026 9:52 AM and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Equal Housing Opportunity logo

WE MAKE SUCCESS Simple