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… Read More 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. Read Less
Property listed by Hayes Commercial Group, Inc., Nolan Tooley 805-705-6924
Listing Snapshot
Days Online
3
Last Updated
Property Type
Duplex
Beds
5
Full Baths
3
Square Ft.
2,024
Lot Size
0.06 Acres
Year Built
1935
MLS Number
SC26185227
Additional Details
Property Access
Frontage Type: CityStreet
Appliances & Equipment
Dishwasher, GasOven, GasRange, Refrigerator
Building
Built in 1935, Living area: 2024.0, Living area units: SquareFeet, 2 stories, Levels: Two, Entry level: 1, Entry location: N/A
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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