1383 Baker, Costa Mesa CA 92626 | $1,675,000
Listing provided courtesy of Ryan Anderson of R L M Equities. Last updated 2026-04-22 08:11:29.000000. Listing information © 2025 SANDICOR.
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.
More Details
0.15 Acres
2 Stories
David Piper
Call or Text: 858-525-5007
DRE# 02021985
