Balboa Pointe
2139 Balboa Ave, San Diego, CA 92109
PROPERTY DETAILS
Property Make Up: (4) Units
(2) 1-Bed / 1-Bath
(2) 2-Bed / 2.5-Bath
Building Size: 3,256 SF
Lot Size: 2,534 SF
PROPERTY HIGHLIGHTS
Rare brand new constructed 4-unit multifamily in Pacific Beach
Walkable distance to Trader Joe’s, Vons, restaurants, coffee shops, and everyday retail amenities
Private fenced front yards with professional landscaping for the 2-bedroom residences
In-unit laundry and split-system heating/ air
Brand new construction with all new building systems & low maintenance requirements
PROPERTY DESCRIPTION
CONTACT BROKER FOR OM
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.
