---
listing_id: SD260012700
status: Active
price: 3025000
beds: 0
baths_full: 0
baths_half: 0
sqft_living: 
sqft_lot: 2459
lot_acres: 
year_built: 1990
property_type: Residential Income
property_subtype: Duplex
address: "722-724  Balboa"
city: San Diego
state: CA
zip: 92109
county: "San Diego County"
lat: 32.762619
lng: -117.251691
days_on_market: 8
hoa_fee: 
hoa_frequency: 
garage_spaces: 0
list_agent: "Fausto Gutierrez"
list_office: "First Reliant Inc"
list_agent_phone: "(619) 666-3592"
list_agent_license: 01926859
mls_source: SDMLS
modified: 2026-05-26
transaction_type: buy
---

Home | San Diego County | San Diego | 92109 | 722-724 Balboa

722-724 Balboa, San Diego, CA 92109

MLS: SD260012700 | Status: Active | Price: $3,025,000
Beds/Baths: – / –
Property Type: Residential Income

Quick Facts

Beds Baths Sq Ft Sq Ft Lot Yr Built
2,459 1990

Remarks

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

MLS Listing Information

Field Value
MLS # SD260012700
MLS Source San Diego MLS
Days on Site 8

Features

Interior Features

Feature Details
Laundry Community Facility
Cooling Central Forced Air
Heating Forced Air

Exterior Features

Feature Details
Roof Composition
Pool Other

Parking, School, and Other Information

Feature Details
Garage/Parking Assigned Spaces, Carport, Garage: Car(s)
HOA Fee $0
Complex Amenities Barbecue Area

Contact Information

Fausto Gutierrez
First Reliant Inc
License #: 01926859
Phone: (619) 666-3592

Property Units

# Buildings # Leased Units # Total Units
1 2

Unit Details

Unit # Sq Ft Beds Baths Rent
1 3 2/0 $5,000
2 3 3/0

School Ratings

School data provided by GreatSchools.org

Nearby Schools

School Type Grades Distance Rating
Ocean Beach Elementary School public K-4 1.26 mi 10
Correia Middle School public 7-8 1.53 mi 6
Silver Gate Elementary School public K-4 2.16 mi 9
Point Loma High School public 9-12 2.19 mi 9
Crown Point Jr Music Academy public K-5 2.25 mi 5
Dana Middle School public 5,6 2.30 mi 8
Loma Portal Elementary School public K-4 2.34 mi 7
Sunset View Elementary School public K-4 2.67 mi 9
Pacific Beach Middle School public 6-8 2.74 mi 10
Dewey Elementary School public K-4 2.79 mi 6
Mission Bay High School public 9-12 3.03 mi 9
Cabrillo Elementary School public K-4 3.07 mi 3
Barnard Elementary School public K-5 3.15 mi 7
Pacific Beach Elementary School public K-5 3.26 mi 6
Bay Park Elementary School public K-5 3.27 mi 8
Bird Rock Elementary School public K-5 3.41 mi 9
Sessions Elementary School public K-5 3.41 mi 9
iHigh Virtual Academy public K-6 3.41 mi 7
Toler Elementary School public K-5 3.62 mi 8
Longfellow K-8 public K-8 3.93 mi 8

Nearby Homes

Address Price Beds Baths Sq Ft Status
3286-88 Bayside Walk $3,210,000 Active
811-13 Balboa Ct $2,995,000 Active
728 Jamaica Ct $2,999,000 Active

Disclosures

©2026 San Diego MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from San Diego MLS.

Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.

This listing information is up-to-date as of May 26, 2026. For the most current information, please contact Fausto Gutierrez, (619) 666-3592.