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2050-2052 Balboa Ave
Coastal South San Diego 92109

$1,350,000
Residential Income beds: 2 baths: 2.0 0 sq. ft. built: 1951

Main Photo: Residential Income for sale : 2 bedrooms : 2050-2052 Balboa Ave in San Diego
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Status:
Active
Prop. Type:
Residential Income
MLS® Num:
260009718
Bedrooms:
2
Bathrooms:
2
Year Built:
1951
Turnkey Coastal Duplex Near the Bay & Ocean. Wake up to sun-soaked mornings in your private yard, with gorgeous Pacific Beach just minutes away. This fully updated, gated coastal duplex at 2050–52 Balboa Ave features two 1BD/1BA units with modern interiors, each has its own private yard and entrance from separate streets. One unit is already a cash-flowing short-term rental ideal for Vacation Rental guests who want quick access to the beach, ocean and all PB has to offer. Inside, you’ll find cozy, updated living spaces thoughtfully designed for solo occupants, couples, or remote workers seeking a comfortable coastal home near the water. Each unit enjoys its own private outdoor haven—perfect for grilling, gardening, or unwinding after a beach or bay day. Gated entry and on-site shared laundry with skylight make daily life easier and more secure, while rare two-car gated parking in the 2052 unit, adds major value in Pacific Beach this close to the coast. Step outside and tap into the neighborhood’s unique charm—visit local community spots like the Giving Bench and Community Book Library, then head out on foot or bike to enjoy surf breaks, bayfront paths, breweries, and casual eateries that define the Pacific Beach and Sail Bay lifestyle. With public transit just a block away, tenants and guests can effortlessly explore Mission Beach, Ocean Beach, and easy access to all of San Diego.
Property Sub Type:
Res Income 2-4 Units
Number of Buildings:
1
County Or Parish:
San Diego
Market Area:
Coastal South
Neighborhood Code:
Pacific Beach
Name of Complex/Subdivision:
PACIFIC BEACH
Building Name:
na
Total Building Area:
0 sq. ft.
Total Floor Area:
0 sq. ft.
Total Bedrooms:
2
Bathrooms:
2
Full Bathrooms:
2
Half Bathrooms:
0
Stories:
1 Story
Total Stories:
1
Year Built:
1951
Age (in years):
75 year(s)
Short Sale:
false
Home Owner Fees:
$0
Home Owner Fees Include:
N/K
Mello Roos Fee:
$0
Other Fees:
$0
Other Fee Type:
N/K
Monthly Total Fees:
$0
Terms:
Cal Vet, Cash, Conventional, VA
Cap Rate.:
3.3
Gross scheduled income:
45000.0
Other income actual:
0
Operating expense:
5400.0
Gross Rent Multiplier:
30.0
Number of Units:
2
Number of Units with Cooling:
2
Tenant pays:
N/K
Projected Rent for Unit 2:
$3,000
GPS. Cross Street Noyes
Site Influences:
N/K
View:
N/K
Complex Features:
Laundry Facilities, N/K
Special Listing Conditions:
N/K
Age Restrictions:
N/K
Miscellaneous:
N/K
Exposure Front:
N/K
Construction Material:
Stucco
Lot Size:
0 sq. ft.
Parcel Number:
424-052-08-00
Heating:
Combination Heating
Heating fuel:
Electric, Natural Gas
Cooling:
Other/Remarks
Utilities:
Sewer Connected
Spa Features:
N/K
Roof:
Other/Remarks
Security:
N/K
Telecommunications:
N/K
Water supply:
Available
Irrigation:
N/K
Fencing:
Full
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Listed by Windermere Real Estate
Data was last updated May 3, 2026 at 07:10 AM (UTC)
Area Statistics
Listings on market:
74
Avg list price:
$2,897,000
Min list price:
$985,000
Max list price:
$12,000,000
Avg days on market:
43
Min days on market:
1
Max days on market:
318
These statistics are generated based on the current listing's property type and located in Coastal South. Average values are derived using median calculations. This data is not produced by the MLS® system.
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service, Inc. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 San Diego Multiple Listing Service, Inc.