723-725 Balboa, San Diego, CA

$3,075,000

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5

Beds

5

Baths

0.05

Acres

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.

Open House

Sat, Oct 10th, 2026 @ 10am - 2pm
Sun, Oct 11th, 2026 @ 9am - 12pm

Features of 723-725 Balboa

MLS® # 260023507
Price $3,075,000
Bedrooms 5
Bathrooms 5.00
Full Baths 4
Half Baths 1
Acres 0.05
Year Built 1992
Type Residential Income
Sub-Type Res Income 2-4 Units
Status Active

Community Information

Address 723-725 Balboa
Area San Diego (92109)
Subdivision South Mission Beach
City San Diego
County San Diego
State CA
Zip Code 92109

Amenities

Amenities N/K
Utilities Sewer Connected
View N/K
Is Waterfront No
Has Pool No
Pool N/K

Interior

Heating Forced Air Unit,Wall/Gravity
Cooling Central Forced Air
Fireplace Yes
Stories 3 Story

Exterior

Lot Description Alley Access
Roof Composition
Construction Stucco

Fees

Other Fees $0

Additional Information

Date Listed September 25th, 2026
Days on Market 12
Foreclosure No
Short Sale No
RE / Bank Owned No
Listing Office Compass

Listing Map

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