723-725 Balboa
San Diego, CA, 92109 $ 3,075,000
Bedrooms5 Baths4.1 Monthly Estimate*
$ 21,238
for $3,075,000 with 5 bedrooms and 4 full baths, 1 half bath. This home was built in 1992 on a lot size of 0.051768.
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.
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FeaturesGeneralHeating Forced Air Unit Wall/Gravity
Cooling Central Forced Air
Utilities Sewer Connected
Roof Composition
HOA Fee 0.0
Pool Features N/K
Security Features N/K
Construction Materials Stucco
Year Built 1992
Tenant Pays N/K
View N/K
Levels 3 Story
Property Subtype Res Income 2-4 Units
Community Features N/K
Building Name N/A
County San Diego
Operating Expense 0.0
New Construction N
Property Type Residential Income
HOA N
Attached Garage N
Subdivision Name MISSION BEACH
Full Baths 4
Status ACTIVE
Directions Take Mission Blvd to Balboa Ct. Park on Mission and walk West. Property on the South side of the court.
City San Diego
Senior Community Y/N N
Number Of Units Total 2
MLS Area Coastal South
Lot Size Units Acres
Lot Size Square Feet 2255.0
Spa Features N/K
Property Attached Y/N N
Virtual Tour https://tour.sdelevatemedia.com/order/cc26216e-0529-433e-d1a9-08df0ac1b736?branding=false
Building Area Units Sqft
Living Area Units Sqft
Standard Status Active
Cap Rate 0.0
Freehold IDX
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ExteriorFencing Partial
Water Source Meter on Property
Lot Size Area 0.05
Number of Buildings 1
Building Area Total 2625.0
Lot Dimensions 30x80
Frontage Type N/K
Waterfront Y/N N
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InteriorTotal Stories 3
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Half Baths 1
Total Bedrooms 5
Total Baths 5
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* Excluded FeaturesList BySteve SpringerListing Agent
Affordability Calculator
- Monthly Principal & Interest
- $21,238
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in San Diego, CA
Average List Price $2,195,627
Percent of Sale Price 29%
About San Diego, CA 1,417,428 Population
15% Since 2002
$ 72,408 Median Income
36.37 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
281193 Elementary School
281006 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/25/2026 | $3,075,000 | | Listed Price |