Listing Broker: Whitewater CRE Inc
Listing Agent: Carson Trujillo
DRE #01954054: 01974818
859-433-8741
Whitewater Commercial Real Estate is pleased to exclusively present Balboa Pointe Townhomes – Parcel 3, an exceptionally rare brand new constructed 4-unitmultifamily 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 multi family 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 Id: | 260024786SD |
|---|---|
| Property Type: | Residential Income |
| Status: | Active |
| Lot Size Acres: | 0.0582 |
| Waterfront?: | No |
| Subdivision: | Pacific Beach |
| Year Built: | 2026 |
| Basement Yn: | No |
| Cooling: | WallWindowUnits |
| Fencing: | Partial |
| Gross Scheduled Income: | $170,400 |
| Levels: | ThreeOrMore |
| Listing Contract Date: | 2026-10-13 |
| Lot Size Area: | 2534.0 |
| Net Operating Income: | $128,509 |
| Park Name: | Balboa Pointe Townhomes |
| State Or Province: | CA |
| Tenant Pays: | CableTv, Electricity |
| Country Subdivision: | 06073 |
| Universal Parcel Id: | urn:reso:upi:2.0:US:06073:4240620300 |
| List Price: | $2,795,000 |
|---|---|
| Association Fee: | $0 |
| Lot Size Square Feet: | 2,534.0 |
| City: | San Diego |
| County Or Parish: | San Diego |
| Postal Code: | 92109 |
| Number Of Units Total: | 4 |
| Cooling?: | Yes |
| Directions: | CrossStreet: Balboa & Noyes |
| Heating?: | Yes |
| Listing Agreement: | SellerReserved |
| Listing Terms: | Cash, Conventional |
| Lot Size Acres: | 0.0582 |
| Lot Size Units: | SquareFeet |
| MLS Area Major: | 92109 - Pacific Beach |
| Number Of Buildings: | 2 |
| Original List Price: | $2,795,000 |
| Parcel Number: | 4240620300 |
| Postal City: | SAN DIEGO |
| Roof: | Composition |
| Stories Total: | 3 |
| Current Price: | $2,795,000.00 |
| Record Signature: | -1,154,280,417 |
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Based on information from California Regional Multiple Listing Service, Inc. as of October 14, 2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
California Regional Multiple Listing Service, Inc. data last updated on October 14, 2026 12:50 AM - PT
Property Last Updated: October 14, 2026 12:50 AM - PT
