2139 Balboa Ave, San Diego, CA 92109

• 6 beds |
• 8 baths

Property Description

Whitewater Commercial Real Estate is pleased to exclusively present Balboa Pointe Townhomes – Parcel 3, an exceptionally rare brand new constructed 4-unit multifamily investment opportunity located in the heart of Pacific Beach. Delivered in 2026, the property represents the first completed property within a seven-property, 28-unit residential development currently under construction and being delivered throughout the project. As the first completed offering available for acquisition, Balboa Pointe Townhomes – Parcel 3 provides investors with a unique opportunity to purchase newly constructed coastal multifamily product in one of San Diego’s most supply-constrained rental markets, where the majority of existing inventory consists of older vintage units and opportunities for new multifamily development remain extremely limited. Balboa Pointe Townhomes – Parcel 3 consists entirely of townhome-style residences, featuring an attractive unit mix of two spacious 2 Bed / 2.5 Bath units and two well-designed 1 Bed / 1 Bath units. The larger 2-bedroom residences feature private fenced front yards with professional landscaping, creating a unique single-family-home feel rarely found in multifamily coastal product. The property also includes three covered carport parking spaces, a highly desirable amenity in Pacific Beach.

Listing Status:

Active

Date Added:

June 11, 2026

Data Last Updated:

July 5, 2026 at 5:12AM

Listing Office:

Whitewater CRE Inc : 925-766-1062

Listing Agent:

Carson P Trujillo : 859-433-8741

MLS ID:

260014174

Interior

• A/C: Other/Remarks

Construction

• Roofing: Other/Remarks
• General: Other/Remarks3 Story

Location

• Originating MLS: SDMLS
• County: San Diego

Lot

• Zoning: 424-062-03-00
• Fencing: Other/Remarks

Financial

• Source: SDMLS