$2,150,000
 $11,542 est/mo Sourced by Back At You

2158 60 Balboa Avenue,San Diego, CA 92109

San Diego, CA 92109

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Description

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.

Details

MLS #PTP2607106
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1953
Days On Site55
Listing Provided ByRise Realty | Michele Nisly

Features

SQ Feet1,839
Story(s)2
Units4
Building(s)1
ZoningCOMMERCIAL RESIDENTIAL
Acreage0.13

Interior

Heating Yes / NoNo
Cooling Yes / NoNo
Fireplace Yes / NoNo

Exterior

Lot FeaturesNear Park, Near Public Transit

Parking

Garage Yes / NoNo

Utilities

SewerPublic Sewer

Location

Community FeaturesCurbs, Gutters, Sidewalks, Park

Area Information

StateCA
CountySan Diego
CitySan Diego
Zip Code92109
Area92109 Pacific Beach
Listing VS Median (in 92109)
Price:
$2,150,000
low | high
Med:
$1,075,000
100% of Average
sqft:
1,839
low | high
Med:
1,272
80.831973898858% of Average
$ / sqft:
$1,169
low | high
Med:
$845
77.712264150943% of Average
On site:
55
low | high
Med:
26
100% of Average
Sourced by Back At You

Market Activity 92109

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Additional Information

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Learn More About This Property

Bruce Hatrak

Bruce Hatrak

Desert Lifestyle Properties

02054055 (760) 516-1741bmhatrak@gmail.com
StateCA
CountySan Diego
CitySan Diego
Zip Code92109
Area92109 Pacific Beach
Listing VS Median (in 92109)
Price:
$2,150,000
low | high
Med:
$1,075,000
100% of Average
sqft:
1,839
low | high
Med:
1,272
80.831973898858% of Average
$ / sqft:
$1,169
low | high
Med:
$845
77.712264150943% of Average
On site:
55
low | high
Med:
26
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $1.612M - $2.687M
sqft: 1,000 - 2,000
Nearby Listings Property ImageNearby Listings Details
2114 Felspar Property Photo 1
$1,695,000
2114 Felspar
San Diego, CA 92109
Listing Updated: November 11, 2026 at 3:20:23 PM PST