Situated on the highly sought-after “Quiet End” of Balboa Island, 118 Emerald Avenue represents a truly rare opportunity to own in one of the island’s most desirable and tightly held locations—less than one block from the harbor and south bayfront.
This is one the last remaining original beach cottage on the… Read More 100 Block of Emerald, offering a unique blend of classic coastal charm, immediate usability, and long-term upside potential. Properties of this caliber and positioning seldom come to market.
Currently configured as a duplex with two active short-term rental permits, the property provides exceptional flexibility for both personal enjoyment and income generation.
The front unit is a charming single-story 2-bedroom, 1-bath coastal cottage, featuring a spacious front patio framed by a white picket fence—ideal for relaxing, entertaining, and enjoying the quintessential Balboa Island lifestyle.
The rear unit offers a 3-bedroom, 2-bath split-level layout, complemented by a private 2-car garage, vaulted spatial flow, and functional separation for guests, tenants, or extended family.
Both units are move-in ready, allowing for immediate occupancy or rental income. Alternatively, this property presents a compelling opportunity to design and build a custom luxury residence in an A+ location with enduring value. Read Less
Property listed by Balboa Island Estates, Lucas Kinney [email protected]
Listing Snapshot
Days Online
61
Last Updated
Property Type
Duplex
Beds
5
Full Baths
1
Square Ft.
1,893
Lot Size
0.06 Acres
Year Built
1940
MLS Number
PW26082073
Additional Details
Appliances & Equipment
GasOven, GasRange
Building
Built in 1940, Living area: 1893.0, Living area units: SquareFeet, 2 stories, Levels: Two, Entry level: 1, Entry location: 1, Construction Materials: WoodSiding
Community
Suburban, Sidewalks
Cooling
WallWindowUnits
Accessibility Features
None
Exterior Features
Patio/Porch Features: Patio, Awnings
Fence
Vinyl, Wood
Fireplaces
LivingRoom
Floors
Vinyl
Garage
2 spaces
Heating
WallFurnace
Home Owner's Association
Association Fee: $0
Interior Features
WoodProductWalls, AllBedroomsUp, AllBedroomsDown
Laundry
Inside, InGarage
Lot
0.06 acres, ZeroToOneUnitAcre
Parking
2 total parking spaces, DoorMulti, Garage, GarageFacesRear
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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