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$3,075,000
New Listing

723-725 Balboa
San Diego, CA 92109

For Sale|Multi Family|Active
5
Beds
5
Total Baths
4
Full Baths
1
Partial Bath
2,625
SqFt
$1,171
/SqFt
1992
Built
Subdivision:
MISSION BEACH
County:
San Diego
Listed by Steve Springer of Compass (619) 520-8476
723-725 Balboa723-725 Balboa723-725 Balboa723-725 Balboa
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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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Listing Snapshot
Price 
$3,075,000
Days On Site 
0 Days
Bedrooms 
5
Inside Area (SqFt) 
2,625 sqft
Total Baths 
5
Full Baths 
4
Partial Baths 
1
Lot Size 
0.05 Acres
Year Built 
1992
MLS® Number 
260023507
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 hours agoListing updated with changes from the MLS®
5 hours agoStatus changed to Active
14 hours agoListing first seen on site
General Features
Number Of Stories 
3
Property Sub Type 
Multi Family
SqFt Total 
2625
Utilities 
Sewer Connected
Interior Features
Cooling 
Central Air
Heating 
Forced AirNatural Gas
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Exterior Features
Construction Details 
Stucco
Fencing 
Partial
Roof 
Composition
Community Features
MLS Area 
Coastal South
Financing Terms Available 
CashConventionalFHAVA Loan
Listed by Steve Springer of Compass (619) 520-8476



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Last checked 2026

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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