- 6 Beds
- 4 Baths
- .15 Acres
- 22 DOM
1383 Baker
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.
Essential Information
- MLS® #NP26079066
- Price$1,675,000
- Bedrooms6
- Bathrooms4.00
- Acres0.15
- Year Built1960
- TypeResidential Income
- Sub-TypeApartment
- StatusActive
Community Information
- Address1383 Baker
- Area699 - Not Defined
- CityCosta Mesa
- CountyOrange
- Zip Code92626
Amenities
- Parking Spaces6
- # of Garages3
- PoolNone
Interior
- # of Stories2
Exterior
- Lot DescriptionZeroToOneUnitAcre
Additional Information
- Date ListedApril 13th, 2026
- Days on Market22
Listing Details
- AgentRyan Anderson
- OfficeR L M Equities
Ryan Anderson, R L M Equities.
Based on information from California Regional Multiple Listing Service, Inc. as of May 5th, 2026 at 10:12am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.