2158 Balboa Ave

San Diego, CA 92109
  • $2,150,000

    Price
  • 7

    Bed
  • 5

    Bath
  • 1,839

    SqFt
  • 0.13

    Acre

About the Listing 88068 - 822697

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, 1-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. PLEASE DO NOT DISTURB TENANTS. Property will be shown upon acceptance of an offer only.

Listing Highlights for 2158 Balboa Ave

Status Active
Days on Site 27
Property Type Multi-Family
MLS ® PTP2607106
Year Built 1953
Total Square Footage 1,839
Lot/Acreage 0.13

Interior Details

  • Bedrooms: 7
  • Bathrooms: 5 Full
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces:
  • Floor:
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Lot Description: Near Park,Near Public Transit,No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 4
  • Zoning: COMMERCIAL RESIDENTIAL
  • Roof:
  • Others: 2+ Total Units
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 4240611300
  • Tax Year: N/A

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2158 Balboa Ave San Diego, CA 92109

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Originating MLS: CRMLS

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Yury Medrano

Realtor | Los Angeles, CA & Boise, ID | Silvercreek Realty Group | Sky Homes & Estates

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