For Sale Multi-Family MLS# PTP2607106

2158 60 Balboa Avenue

San Diego, CA 92109

$2,150,000

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About 2158 60 Balboa Avenue

Excellent investor opportunity in the highly sought-after Pacific Beach area! Zoned for both commercial and residential use, this versatile four-unit property offers strong income potential and future upside. The unit mix consists of one 3-bedroom, 2-bath unit, one 2-bedroom, 1-bath unit, and two studio units with 1 bath each. The kitchens in both the 3-bedroom and 2-bedroom units have been renovated in the last few years, and a new shower was installed in the 3-bed full bath, enhancing their appeal and rental value. Front driveway parking provides space for up to four vehicles. Three units are occupied by long-term tenants, generating immediate rental income, while one unit is leased on a month-to-month basis. Ideally located just minutes from the beach and bay, with convenient access to major freeways, shopping, dining, and coastal amenities. Residents enjoy shared laundry facilities and a charming common courtyard highlighted by a tranquil koi pond. While several upgrades have been completed, some features and finishes remain in their original condition, presenting an excellent opportunity for a new owner to implement additional updates and potentially increase rental income and overall property value. PLEASE DO NOT DISTURB TENANTS. Property will be shown upon acceptance of an offer only.

Property details

Property

Type
multi
Year built
1953
Living area
1,839 sqft
Price / sqft
$1,169
Lot
0.13 ac
List date
Sep 17, 2026

Schools

District
San Diego City Unified School District

Location

Subdivision
Pacific Beach
Neighborhood
Pacific Beach

Location

Neighborhood
Pacific Beach
School district
San Diego City Unified School District

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Listed by Michele Nisly, Rise Realty

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.