2158 60 Balboa Avenue, San Diego, CA 92109 (MLS # PTP2607106)
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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.
| DAYS ON MARKET | 2 | LAST UPDATED | 9/18/2026 |
|---|---|---|---|
| YEAR BUILT | 1953 | COMMUNITY | 92109 - Pacific Beach |
| COUNTY | San Diego | STATUS | Active |
| PROPERTY TYPE(S) | Residential Income |
| ADDITIONAL DETAILS | |
| APPLIANCES | Washer/Dryer Stacked |
|---|---|
| AREA | 92109 - Pacific Beach |
| HEAT | None |
| LOT | 5663 sq ft |
| LOT DESCRIPTION | Near Public Transit |
| LOT DIMENSIONS | 0.13 |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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