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… Read More 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. Read Less
Property listed by Whitewater CRE Inc, Carson Trujillo 925-766-1062
Listing Snapshot
Days Online
4
Last Updated
Year Built
2026
MLS Number
260014174SD
Additional Details
Building
Built in 2026, 1 building, 3 stories, Levels: ThreeOrMore
Community
Park Name: Balboa Pointe Townhomes
Cooling
SeeRemarks
Home Owner's Association
Association Fee: $0
Income
Gross ScheduledIncome: $177,600, Net Operating Income: $128,779
Taxes
Parcel Number: 4240620300
Tenant Pays
SeeRemarks
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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