Homes San Diego 92109 723-725 Balboa

$3,075,000

723-725 Balboa

South Mission Beach · San Diego, CA 92109

Sale Active
5beds
5baths
2,625ft²

Listing agent: Steve Springer, Compass

Last updated Oct 8, 2026, 4:48 PM

Key details

19 Days on market
1992 Year built
$1,171 Price / ft²
2,178 Lot ft²

About this home

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.

Features

  • Central Forced Air
  • Forced Air Unit
  • N/K
  • Wall/Gravity

Home facts

TypeRes Income 2-4 Units
StatusActive
ListedSep 24, 2026
MLSSDMLS #260023507
NeighborhoodSouth Mission Beach
CountySan Diego

Open houses

  • Oct 18, 2026, 9:00 AM–2:00 PM · Great duplex in South Mission Beach that is just 4 homes to the sand. Come see this turnkey two-unit property!

Monthly payment

Estimate only. The rate, tax, and insurance figures are editable placeholders, not a lender quote.

$19,264.54 per month
  • Principal and interest $15,548.87
  • Property tax $2,818.75
  • Insurance $896.92
  • HOA $0.00

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