1383 Baker, Costa Mesa, CA 92626
Local realty services provided by:CENTURY 21 Sierra Properties
1383 Baker,Costa Mesa, CA 92626
$1,675,000
- 6 Beds
- - Baths
- 2,785 sq. ft.
- Multi-family
- Active
Listed by: ryan anderson
Office: r l m equities
MLS#:CRNP26079066
Source:Bay East, CCAR, bridgeMLS
Price summary
- Price:$1,675,000
- Price per sq. ft.:$601.44
About this home
RLM Equities is pleased to exclusively present 1383 Baker Street, a well-maintained triplex located in the heart of Costa Mesa - one of Orange County's most supply-constrained and desirable coastal rental markets. Situated on a 6,500 SF lot just minutes from South Coast Plaza, Orange Coast College, and Pacific Coast Highway, this three-unit property represents a rare opportunity to acquire a stabilized income-producing asset in one of Southern California's most coveted submarkets. The property consists of two 2-bedroom/1-bath units and one spacious 2-bedroom/1.5-bath unit, totaling 2,785 rentable square feet across two stories. Currently operating at 100% occupancy with below-market rents, the asset presents meaningful upside potential as leases roll to market. Pro forma rents project a 4.22% cap rate with $1,305/month in uncaptured rental upside. The property features private garages, on-site parking, and mature landscaping providing strong curb appeal on one of Costa Mesa's most established streets....
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Home facts
- Year built:1960
- Listing ID #:CRNP26079066
- Added:4 day(s) ago
- Updated:April 19, 2026 at 02:32 PM
Rooms and interior
- Bedrooms:6
- Living area:2,785 sq. ft.
Structure and exterior
- Year built:1960
- Building area:2,785 sq. ft.
- Lot area:0.15 Acres
Finances and disclosures
- Price:$1,675,000
- Price per sq. ft.:$601.44
Features and amenities
- Laundry features:No Hookups
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