Landlord's Agent in 2025
Scott Drennen
Real Estate Establishment Inc.
(714) 744-5711
1 Total Sale
131 Opal Ave Unit 1.5 Newport Beach, CA 92662
Balboa Island Neighborhood
3
Beds
2
Baths
1,800
Sq Ft
2,614
Sq Ft Lot Lot
Highlights
- No HOA
- 1 Car Attached Garage
- Bike Trail
- Abraham Lincoln Elementary School Rated A
- Laundry Room
- 2-minute walk to Balboa Island Park
About This Home
As of June 2025Just steps from the water and ferry! Enjoy the Balboa Island lifestyle in this spacious 3-bedroom, 2-bathroom downstairs unit, available for long-term lease. Large windows and a spacious vinyl slider bring in plenty of natural light, complementing the brand new solid surface flooring throughout for a clean and modern look. The charming living room includes a cozy gas fireplace, perfect for cool coastal evenings. The open-concept kitchen has refaced cabinets, granite countertops, and a new cooktop, offering both style and functionality. Both bathrooms have been updated with tiled showers and granite countertops. Each of the three spacious bedrooms is equipped with ceiling fans and newer vinyl windows, allowing you to enjoy the fresh ocean breeze. A standout feature of this unit is the large front patio, perfect for outdoor dining, relaxing, or entertaining. Additional conveniences include laundry located in the garage, 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. Pets considered. No smoking.
Last Agent to Rent the Property
Real Estate Establishment Inc. License #02184283 Listed on: 03/10/2025
Last Renter's Agent
NONE NONE
None MRML License #N/A
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1971
Lot Details
- 2,614 Sq Ft Lot
- 1 Common Wall
- Paved or Partially Paved Lot
Parking
- 1 Car Attached Garage
Home Design
- Duplex
- Entry on the 1st floor
Interior Spaces
- 1,800 Sq Ft Home
- 2-Story Property
- Living Room with Fireplace
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms | 5 Main Level Bedrooms
- All Upper Level Bedrooms
- 2 Full Bathrooms
Listing and Financial Details
- Security Deposit $5,695
- Rent includes gardener
- 12-Month Minimum Lease Term
- Available 4/1/25
- Tax Lot 18
- Tax Tract Number 9
- Assessor Parcel Number 05005203
Community Details
Overview
- No Home Owners Association
- 2 Units
- Balboa Island Main Island Subdivision
Recreation
- Bike Trail
Pet Policy
- Pets Allowed
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/18/2025 06/18/25 | Rented | $5,695 | 0.0% | -- |
| 05/29/2025 05/29/25 | Price Changed | $5,695 | -5.0% | $3 / Sq Ft |
| 03/10/2025 03/10/25 | For Rent | $5,995 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $22,595 | $2,136,838 | $1,982,711 | $154,127 |
| 2024 | $22,595 | $2,094,940 | $1,943,835 | $151,105 |
| 2023 | $22,064 | $2,053,863 | $1,905,720 | $148,143 |
| 2022 | $21,695 | $2,013,592 | $1,868,353 | $145,239 |
| 2021 | $20,718 | $1,920,607 | $1,776,722 | $143,885 |
| 2020 | $9,295 | $834,852 | $661,385 | $173,467 |
| 2019 | $9,110 | $818,483 | $648,417 | $170,066 |
| 2018 | $8,931 | $802,435 | $635,703 | $166,732 |
| 2017 | $8,775 | $786,701 | $623,238 | $163,463 |
| 2016 | $8,582 | $771,276 | $611,018 | $160,258 |
| 2015 | $8,498 | $759,691 | $601,840 | $157,851 |
| 2014 | $8,299 | $744,810 | $590,051 | $154,759 |
Source: Public Records
Agents Affiliated with this Home
-
Scott Drennen
-
N
Tenant's Agent in 2025
NONE NONE
None MRML
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25056635
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. 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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