723 Balboa Court

San Diego CA 92109

2625 sq. ft.

2255 sq. ft.

Multi-Family

Last sold for $2,850,000

Steve Springer, last sold this property on 05 November 2026 after 40 days on market.

Overview

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.

Features

5 bedrooms

5 bathrooms

2625 sq. ft. floor area

2255 sq. ft. lot size

Multi-Family

Estimated Value

Based on this property and similar 5 bedroom multi families sold in San Diego over the last 12 months, the estimated median property value of 723 Balboa Court is $2.17m.

Median value

$2.17m

Estimated value range

$1.8m - $4.65m

Median days on market

Estimated value trend

19%

increase over the last 12 months

Average days on market is based on recent, comparable sales in San Diego. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 723 Balboa Court

2026

Sold

$2,850,000

05 Nov 2026 by Steve Springer, of Compass

2023

Sold

$2,820,000

03 Jul 2023 by Steven Cairncross, of Berkshire Hathaway HomeServices California Properties (La Jolla, 92037)

2014

Sold

Undisclosed

29 Aug 2014 by Steve Cairncross, of Berkshire Hathaway Home Service

Happy sellers in San Diego

We have insufficient information to provide an overview of customer satisfaction for San Diego. Viewing the agent profiles, reviews and sales for San Diego can provide insights for this location.