Welcome to 122.5 Opal Avenue, a charming 2-bedroom, 1-bath upper unit available for lease in one of Balboa Island's most iconic locations—just steps from the waterfront. This quintessential Balboa Island duplex is full of character, featuring original 12-inch knotty pine paneling painted white, with wood beamed ceilings. The vintage-style bathroom boasts classic blue-trimmed white tile and offers ample space to share. A remodeled kitchen with updated maple cabinets and modern appliances blends seamlessly with the home's nostalgic charm. The living space includes a cozy faux fireplace and opens to a spacious, treehouse-like deck surrounded by a mature Magnolia tree—perfect for relaxing or enjoying island breezes. While there is no garage, the property offers a large shared parking area in front, setting the home back from the street for enhanced privacy. Enjoy the best of island living in this timeless retreat—just a short stroll to the bay, shops, restaurants, and ferry.