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1383 Baker, Costa Mesa, CA 92626

Costa Mesa
Local realty services provided by:CENTURY 21 Masters
1383 Baker,Costa Mesa, CA 92626
$1,600,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: ryan anderson
Office: r l m equities
MLS#:NP26079066
Source:MLSListings

Price summary

  • Price:$1,600,000

About this home

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 #:NP26079066
  • Added:98 day(s) ago
  • Updated:July 21, 2026 at 04:23 PM

Structure and exterior

  • Year built:1960
  • Lot area:0.15 Acres

Utilities

  • Water:District - Public

Finances and disclosures

  • Price:$1,600,000
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