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Four-Unit Townhome-Style Property
For Sale
$2,900,000

2139 Balboa Ave, San Diego, CA 92109

Brand-new 4-unit multifamily with townhome layouts, fenced front yards, and covered carport parking.

Days on Market51

Property Features for 2139 Balboa Ave

General Information

Standard status Active
Total Parking Spaces 3
Property subtype Commercial

Additional Details

Multifamily Units 4

Building Details

Year Built 2026
Listing Agency: Whitewater CRE Inc
Listed By: Carson Trujillo ([email protected])
Source: Mrmurrieta
Added: Jun 13 Changed: Jul 10 Last Checked: Aug 1 at 10:35AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Whitewater CRE Inc

Investment Insights

Based on property information with market context.

Balboa Pointe Townhomes – Parcel 3 is a newly constructed four-unit multifamily property delivered in 2026. The community is comprised entirely of townhome-style residences with a unit mix of two 2-bedroom, 2.5-bath homes and two 1-bedroom, 1-bath homes. The larger 2-bedroom residences include private fenced front yards with professional landscaping, giving each unit a single-family-home feel within a multifamily structure. Parking is supported by three covered carport spaces for residents.

The property is located at 2139 Balboa Ave in the Pacific Beach/Mission Beach area of San Diego, where it is being delivered as part of a larger seven-property, 28-unit residential development currently under construction. Parcel 3 is described as the first completed offering available for acquisition within that overall project.

For investors or buyers seeking newly built coastal rental product, this parcel offers townhome-style layouts and a practical parking setup with covered carport spaces. The unit mix includes both 2-bedroom and 1-bedroom configurations, which may support tenant variety while maintaining the same overall architectural format across the four homes.

Key Highlights

  • Brand‑new 4‑unit multifamily investment delivering in 2026 (Year Built: 2026).
  • Townhome‑style unit mix: two 2 Bed/2.5 Bath units and two 1 Bed/1 Bath units.
  • 2‑bedroom units include private fenced front yards with professional landscaping.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Parking Lot & Garage Grocery & Convenience Store Food Market Daycare Center Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,720
Businesses Nearby

Demographics for 92109, CA

44,671
Population
26,503
Households
1.7
Avg Household Size
35
Median Age
70%
College-Educated
97%
High-School Grad
7.6 sq mi
ZIP Area
5,878
Density / Sq Mi
$118,300
Median Household Income
$71,054
Median Earnings
$2,362
Median Rent
$1,136,000
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Brand-new 4-unit multifamily with townhome layouts, fenced front yards, and covered carport parking.
Where is this quadplex located?
The property is located at 2139 Balboa Ave San Diego, CA.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: Brand‑new 4‑unit multifamily investment delivering in 2026 (Year Built: 2026).; Townhome‑style unit mix: two 2 Bed/2.5 Bath units and two 1 Bed/1 Bath units.; 2‑bedroom units include private fenced front yards with professional landscaping.
More about this property
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