




210 Opal Ave, Balboa Island — Turnkey Duplex with Three Ways to Win Rarely does a Balboa Island property offer this much flexibility. This charming, timeless duplex can be delivered fully vacant at close. a blank slate for however you want to use it. The front house is a single-story, 3-bed, 2-bath unit with an open-concept kitchen, dining, and living space, vaulted ceilings, and abundant natural light. It's fully furnished, features new flooring throughout, and offers direct access to a two-car garage. It also holds an active short-term rental permit. one that has historically generated approximately $45,000 in gross income across 3 months of June, July, and August alone. Recent upgrades include a brand-new bright white shower in the guest bath, an updated master bath, and full replacement of the original cast-iron drain lines with ABS. The rear unit has been tastefully remodeled with twin bedrooms opening to a light-filled kitchen and living area that spills onto a private rooftop balcony. Perfect for catching ocean breezes, now enhanced by a brand-new mini-split system and whole-house fan. New flooring and a clean, contemporary tile bath complete the space. How you use it is up to you: -Owner-occupants can settle into the 3-bed front house and lease the rear unit to help offset carrying costs. -Investors can run the front house as a proven short-term rental while placing a long-term tenant in the rear unit for income on day one. -Visionaries can hold the property for cash flow while pursuing entitlements and permits for a brand-new build on one of Newport Beach's most desirable islands. However you choose to play it, this is a rare opportunity to own a cash-flowing asset on Balboa Island with a clear path to even greater upside. Don't miss it.
Bedrooms
5
Bathrooms
3
Square Feet
2,024
Lot Size
2,614 sqft
Year Built
1935
Property Type
Duplex
Days on Market
0
Garage Total
2
MLS #
SC26185227
Interior Features
Balcony, Ceiling Fans, Cathedral Ceilings, Separate Formal Dining Room, Furnished, Recessed Lighting, Tile Counters, Main Level Primary
Flooring
Tile, Vinyl
Fireplace
Living Room
Appliances
Dishwasher, Gas Oven, Gas Range, Refrigerator
Laundry
Common Area, Inside
Main Level Bedrooms
3
Main Level Bathrooms
2
Cooling
Ductless, Heat Pump, Whole House Fan
Heating
Fireplaces, Heat Pump
Total Parking Spaces
2
Garage Spaces
2
Attached Garage
Yes
Parking Features
Garage
Patio & Porch
Open, Patio
Roof
Shingle
Lot Features
Two To Five Units Acre
Sewer
Public Sewer
Water Source
Public
Storm Drains, Sidewalks
$0
| Rating | School Name |
|---|---|
10 | Newport Elementary Elementary School |
9 | Horace Ensign Intermediate Middle School |
8 | Newport Harbor High High School |
10 | Harbor View Elementary Elementary School |
10 | Mariners Elementary Elementary School |
Balanced market
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
Based on price, location, and features