About This Home

This 5-bedroom, 2-bathroom multi-family at 131 Opal Ave in Newport Beach, CA is listed for $6,195 ($4 per sqft). Built in 1971, the home offers 1,500 sqft of living space on a 0.06 acres lot.

Key Features

  • Built in 1971
  • 0.06 acre lot
  • 2 stories
  • 1 parking spaces
  • Fireplace

Property Details

2 stories
2 full
1-car garage
1971

Amenities

Fireplace
Listing Description

Rare opportunity to live on Balboa Island in this spacious 5-bedroom, 2-bathroom upstairs unit, available unfurnished for long-term lease. This home features beautiful beamed cathedral ceilings that enhance the classic beach house feel, while large windows and a spacious vinyl slider bring in plenty of natural light.

Solid surface flooring runs throughout the home, creating a clean and modern look. The inviting living room includes a cozy gas fireplace, perfect for cool coastal evenings. The open-concept kitchen has refaced cabinets, granite countertops, and a newer cooktop, offering both style and functionality.

Both bathrooms have been updated with glass bowl sinks, tiled showers, and granite countertops. Each of the five spacious bedrooms is equipped with ceiling fans and newer vinyl windows, allowing you to enjoy the fresh ocean breeze. Additional conveniences include in-unit laundry, a one-car shared garage, and a 12-month lease term with a one-month deposit.

Applicants must have an income of at least three times the rent and a minimum credit score of 650. No smoking. Pets will be considered. Don't miss your chance to enjoy spring and summer on beautiful Balboa Island. Just steps from the water and ferry. Contact us today to schedule a viewing!

Monthly Cost Estimate

$33/mo

20% down · 6.5% · 30 years

Principal$4
Interest$27
Insurance$2

Estimates only. Actual payments may vary.

Location

131 Opal Ave

Newport Beach, CA 92662

Balboa Island - Main Island (BALM)

Questions & Answers

This 5-bedroom, 2-bathroom multi-family at 131 Opal Ave is listed at $6,195 ($4/sqft). The estimated monthly payment is $33 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1971, 0.06 acre lot, 2 stories, 1 parking spaces, Fireplace.

This property is listed by Scott Drennen and can be reached at (714) 744-5711.

SD

Scott Drennen

License 02184283

Agent at Real Estate Establishment,Inc.

(714) 744-5711
Agent website

Listed by Real Estate Establishment,Inc. · Broker phone: (714) 744-5711 · Broker website

MLS# PW26217434· Source: California Regional Multiple Listing Service, Inc· 5 days on PropertySimple

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

131 Opal Ave, Newport Beach, CA 92662

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