For Sale Multi-Family MLS# 260023507SD

723 725 Balboa

San Diego, CA 92109

$3,075,000

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About 723 725 Balboa

Rare opportunity to own a beautifully renovated duplex just four homes from the sand in South Mission Beach. Located at 723-725 Balboa Ct, this versatile coastal property offers two spacious residences, a 2-car garage, multiple outdoor areas, and an exceptional location near both the Pacific Ocean and Mission Bay. The upper residence (723) offers approximately 1,580 SF with 3 bedrooms and 2.5 baths. Vaulted ceilings and a teak spiral staircase add character, while the remodeled chef's kitchen features Thermador double ovens, a 6-burner professional cooktop, Viking refrigerator, soapstone counters, and bamboo cabinetry. Two terraces, wide-plank flooring, remodeled baths, A/C, and generous storage complete the home. The ground-floor residence (725) offers approximately 1,045 SF of single-level living with 2 bedrooms, a bonus sleeping room, 2 baths, and direct access to a spacious courtside patio. The updated kitchen, stainless appliances, newer flooring, and open living areas create an inviting beach retreat. Additional features include tankless water heaters, shared laundry, gated storage, and a 2-car garage. Ideal as a South Mission Beach investment property, vacation home, or opportunity to live in one residence while utilizing the other, this is a distinctive multi-unit property just steps from the beach, boardwalk, Mission Bay, and Belmont Park.

Property details

Property

Type
multi
Year built
1992
Lot
0.0518 ac
List date
Sep 26, 2026

Schools

District
San Diego City Unified School District

Location

Subdivision
Mission Beach
Neighborhood
Pacific Beach

Location

Neighborhood
Pacific Beach
Subdivision
Mission Beach
School district
San Diego City Unified School District

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Listed by Steve Springer, Compass

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.