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Listed by Compass, Steve Springer, Listing Contact: 619-520-8476 
5 Beds
5 Baths
2,625 sqft

$3,075,000

723-725 Balboa, San Diego CA, 92109

Price per sqft$1,171.43
Built in1992
Property size2,625 sqft
Property typeMulti-family

Overview

Active

Listed Sep 26, 2026

Updated 4 days ago

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.

$20,458/mo

Est. mortgage payment based on a $3,075,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
260023507

Interior Features

Bedrooms
5
Bathrooms
5
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.05 Acres

Other Property Details

View
Yes

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Data last updated 7:24 AM UTC, 9/30/2026

   

 

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