1383 Baker St, Costa Mesa, CA 92626 (MLS # NP26079066)

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PRICE $1,675,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE 2,785 sqft
LOT SIZE 6,534 sqft
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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.

DAYS ON MARKET 9 LAST UPDATED 4/13/2026
YEAR BUILT 1960 COMMUNITY 699 - Not Defined
GARAGE SPACES 3.0 COUNTY Orange
STATUS Active PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
AREA 699 - Not Defined
GARAGE Yes
LOT 6534 sq ft
LOT DIMENSIONS 6534
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 2
TAXES 17549
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with R L M Equities

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