Two-Residence Duplex with
For Sale
$3,075,000
Pending
723-725 Balboa, San Diego, CA 92109
Two distinct homes offer separate layouts, outdoor areas, and a shared two-car garage near the Pacific Ocean and Mission Bay.
Property Size2,625 SF
Days on Market36
Property Features for 723-725 Balboa
General Information
Standard status
Pending
Size
2,625 SF
Total Parking Spaces
2
Property subtype
Res Income 2-4 Units
Units
Unit Mix
3BR/2.5BA, 2BR+bonus/2BA
Multifamily Units
2
Amenities
shared laundry
terrace
patio
gated storage
Building Details
Building Size
2,625 SF
Year Built
1992
Listing Agency:
Compass
Listed By:
Steve Springer · License #01733282
(619) 520-8476
Source:
Bookmarkrealty
Added: Sep 25
Changed: Oct 26
Last Checked: Oct 26 at 3:23PM
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 Compass
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Investment Insights
Based on property information with market context.
This 1992 duplex contains two residences with different layouts. The upper home has approximately 1,580 square feet, three bedrooms, two and a half baths, vaulted ceilings, a spiral staircase, two terraces, and a remodeled kitchen with Thermador double ovens, a six-burner cooktop, a Viking refrigerator, soapstone counters, and bamboo cabinetry. The ground-floor home provides approximately 1,045 square feet on one level, with two bedrooms, a bonus sleeping room, two baths, an updated kitchen, and direct patio access. Both residences have remodeled or updated interior features; the property also includes a two-car garage, shared laundry, tankless water heaters, and gated storage.
The property is four homes from the sand in South Mission Beach, near the Pacific Ocean, Mission Bay, the boardwalk, and Belmont Park. The upper residence has air conditioning and generous storage, while the lower residence opens to a courtside patio.
The property is four homes from the sand in South Mission Beach, near the Pacific Ocean, Mission Bay, the boardwalk, and Belmont Park. The upper residence has air conditioning and generous storage, while the lower residence opens to a courtside patio.
Key Highlights
- Two residences: upper home with 3 bedrooms and 2.5 baths; ground‑floor home with 2 bedrooms, a bonus sleeping room, and 2 baths
- Approximately 1,580‑square‑foot upper residence and 1,045‑square‑foot ground‑floor residence
- Two‑car garage, shared laundry, tankless water heaters, and gated storage
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
813
Businesses Nearby
Explore this area
Business Placement
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
Frequently Asked Questions
What type of property is this?
Duplex - Two distinct homes offer separate layouts, outdoor areas, and a shared two-car garage near the Pacific Ocean and Mission Bay.
Where is this duplex located?
The property is located at 723-725 Balboa San Diego, CA.
What is the asking price?
The asking price for this property is $3,075,000.
What are key features of this property?
This property features: Two residences: upper home with 3 bedrooms and 2.5 baths; ground‑floor home with 2 bedrooms, a bonus sleeping room, and 2 baths; Approximately 1,580‑square‑foot upper residence and 1,045‑square‑foot ground‑floor residence; Two‑car garage, shared laundry, tankless water heaters, and gated storage
