1383 Baker, Costa Mesa, CA 92626

• 6 beds |
• 4 baths

Property Description

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.

Listing Status:

Active

Date Added:

April 13, 2026

Data Last Updated:

May 20, 2026 at 7:11AM

Listing Office:

R L M Equities :

Listing Agent:

Ryan Anderson : 949-290-0199

MLS ID:

NP26079066

Exterior

• Pool: N/K

Location

• HOA Amenities: 0.0
• Originating MLS: California Regional MLS
• County: Orange

Lot

• Zoning: Public Rec14119105

Financial

• Source: California Regional MLS