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Four-Unit Quadplex with Courtyard
For Sale
$2,150,000

2158-60 Balboa Avenue, San Diego, CA 92109

Commercial and residential zoning accompanies a varied unit mix, shared laundry, and outdoor common space.

Property SizeContact for details
Days on Market42

Property Features for 2158-60 Balboa Avenue

General Information

Standard status Active
Total Parking Spaces 4
Property subtype Res Income 2-4 Units

Property Condition

Severity Repairs Needed
Evidence some features and finishes remain in their original condition

Site & Location

Neighborhood Pacific Beach
Highway Access Yes

Units

Unit Mix 1 x 3BR/2BA, 1 x 2BR/1BA, 2 x studio/1BA
Multifamily Units 4

Additional Details

Tenant in Place Yes

Amenities

shared laundry facilities
common courtyard with koi pond

Building Details

Tenancy Multi
Listing Agency: Rise Realty
Listed By: Michele Nisly · License #02444168
Source: Foliosandiego
Added: Sep 19 Changed: Oct 27 Last Checked: Oct 27 at 3:30AM

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 Rise Realty

Rey
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Investment Insights

Based on property information with market context.

This four-unit property includes a 3-bedroom, 2-bath residence, a 2-bedroom, 1-bath residence, and two studios, each with one bathroom. The kitchens in the larger units were renovated in recent years, and the 3-bedroom unit has a newly installed shower. Shared laundry and a common courtyard with a koi pond serve the property. The front driveway accommodates up to four vehicles.

Three units have long-term tenants, while the remaining unit is leased month-to-month. The property is zoned for commercial and residential use and is in San Diego’s Pacific Beach area, minutes from the beach and bay. Major freeways, shopping, dining, and coastal amenities are accessible nearby. Some features and finishes remain in original condition.

Key Highlights

  • Four units: one 3‑bedroom/2‑bath, one 2‑bedroom/1‑bath, and two studios with 1 bath each
  • Kitchens in the 3‑bedroom and 2‑bedroom units renovated in recent years
  • Three units occupied by long‑term tenants; one leased month‑to‑month

Property Analytics

Lease Details

4
Residential units
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,645
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

Frequently Asked Questions

What type of property is this?
Quadplex - Commercial and residential zoning accompanies a varied unit mix, shared laundry, and outdoor common space.
Where is this quadplex located?
The property is located at 2158-60 Balboa Avenue San Diego, CA.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: Four units: one 3‑bedroom/2‑bath, one 2‑bedroom/1‑bath, and two studios with 1 bath each; Kitchens in the 3‑bedroom and 2‑bedroom units renovated in recent years; Three units occupied by long‑term tenants; one leased month‑to‑month
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