Listing provided courtesy of Ryan Anderson of R L M Equities. Last updated 2026-10-14 08:10:59.000000. Listing information © 2026 Sandicor.
Asking Price: $1,575,000 |
1383 Baker, Costa Mesa CA 92626
Community: 699 - Not Defined
This Apartment property was built in 1960 and is priced at $1,575,000. Please see the additional details below.
Fully occupied triplex in central Costa Mesa offering in-place income with roughly 18% rental upside. The property consists of two 2-bed/1-bath units and one 2-bed/1.5-bath two-story townhouse, totaling approx. 2,785 SF on a 6,500 SF lot. Current rents are below market, giving an investor a clear path to increase income as units turn. No utility bill-back program is currently in place, providing an immediate opportunity to implement RUBS. Low operating expenses help preserve cash flow as rents move to market. Garage parking on site. Ideally located near Baker St. retail, TeWinkle Park, South Coast Plaza, Orange Coast College, and quick access to the 405 and 55 freeways.
