201 Diamond Avenue This desirable corner lot duplex on Balboa Island offers a rare opportunity for luxurious living or a savvy investment. Perfect for builders, investors, and developers seeking a prime coastal property. The spacious main unit features 3 bedrooms, 1.5 bathrooms, with direct garage access. The back unit above the garage has 1 bedroom and 1 full bath, offering comfort and charm. Complete with two garages for a total of three parking spaces. Enjoy peek-a-boo bay views and spectacular sunsets with a courtyard deck between the units and a 2nd-level attached deck to the main unit. Centrally located just seconds away from the ferry, Marine Avenue and the waterfront—this property is overflowing with possibilities. Don’t miss the chance to make a piece of Balboa Island yours in one of Orange County’s most sought-after locations!