Fabulous remodel or investment opportunity on Balboa Island. Desirable duplex, end-of-island location within this famed locale, sited on the sunny side of the street. A large patio with Dwarf Magnolia trees providing privacy and shade welcome and allow the opportunity to enjoy the year-round outdoor environment that this story book island is known for. Invited in by a Dutch door you are introduced into a single-level, two bedroom, stand-alone front unit that contains a living room and romantic wood-burning fireplace, galley style kitchen and two generously sized bedrooms. The upper, private rear unit possesses the charm of a bygone era with original, 1-inch plank flooring, delightful tile work, ceiling fans, large family room plus one bedroom and bath. With newer construction on this street selling above $4,200,000, this is a wonderful canvas in which to remodel or create a dream home in which to enjoy the many waterside amenities, boardwalk, shopping, dining, activities that this renowned destination is known for. Sold in as-is condition.