858-525-5007

1383 Baker, Costa Mesa CA 92626 | $1,600,000

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 6534 Lot Sq Ft
  • Type: Apartment
  • Stories: 2
  • Year Built: 1960
  • MLS#: NP26079066
  • Community: 699 - Not Defined

Listing provided courtesy of Ryan Anderson of R L M Equities. Last updated 2026-06-28 08:11:33.000000. Listing information © 2025 SANDICOR.

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