Whitewater Commercial Real Estate is pleased to present Balboa Pointe Townhomes Parcel 3, a rare opportunity to acquire a brand new constructed 4-unit multifamily property in the heart of Pacific Beach. Delivered in 2026, Parcel 3 is the first completed property within the master-planned Balboa Pointe Development, a seven-property, 28-unit residential community being delivered throughout 2026. The offering consists entirely of townhome-style residences and provides investors the opportunity to acquire modern coastal multifamily product in one of San Diego’s most supply-constrained rental markets. Ideally located near Mission Bay, the Pacific Ocean, Trader Joe’s, Vons, popular restaurants, nightlife, and major employment centers, Balboa Pointe Townhomes offers an exceptional combination of lifestyle, rental demand, and long-term investment fundamentals.