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Listed by Rise Realty, Michele Nisly, Listing Contact: 619-701-4172 
7 Beds
5 Baths

$2,150,000

2158-60 Balboa Avenue, San Diego CA, 92109

Property typeMulti-family

Overview

Active

Listed Sep 19, 2026

Updated 4h ago

Excellent investor opportunity󠃍󠂏󠃢󠂁󠂤󠃢󠂁󠂣󠃢󠂁󠂢󠃢󠂁󠂡󠃢󠂁󠂢 in the highly sought-after Pacific Beach area! Zoned for both commercial and residential use, this versatile four-unit property offers strong income potential and future upside. The unit mix consists of one 3-bedroom, 2-bath unit, one 2-bedroom, 3-bath unit, and two studio units with 1 bath each. The kitchens in both the 3-bedroom and 2-bedroom units have been renovated in the last few years, and a new shower was installed in the 3-bed full bath, enhancing their appeal and rental value. Front driveway parking provides space for up to four vehicles. Three units are occupied by long-term tenants, generating immediate rental income, while one unit is leased on a month-to-month basis. Ideally located just minutes from the beach and bay, with convenient access to major freeways, shopping, dining, and coastal amenities. Residents enjoy shared laundry facilities and a charming common courtyard highlighted by a tranquil koi pond. While several upgrades have been completed, some features and finishes remain in their original condition, presenting an excellent opportunity for a new owner to implement additional updates and potentially increase rental income and overall property value.

$14,304/mo

Est. mortgage payment based on a $2,150,000 home price.

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

Additional information

MLS® ID
PTP2607106

Interior Features

Bedrooms
7
Bathrooms
5
Basement
No

Exterior Features

Lot Size
0.13 Acres

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Data last updated 4:38 AM UTC, 9/19/2026

   

 

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