1383 Baker, Costa Mesa, CA 92626

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Sq ft

About this home

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.

Type

Apartment

Year built

1960

Lot

6,534 sq ft

Garage

3 car

HOA

None

Pool

View

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Solar

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Estimated payment

$9,775/mo

Principal & interest$7,838
Property tax (est.)$1,485
Home insurance (est.)$452

Down payment: 20% ($310,000)Interest rate %

Example only, not a loan offer. Rate is a placeholder; ask a lender for today's. Taxes vary by neighborhood (Mello-Roos).

Listing provided courtesy of Ryan Anderson, R L M Equities, 949-290-0199. MLS# NP26216295. Based on information from California Regional Multiple Listing Service, Inc. as of November 1, 2026 at 7:43 AM Pacific. Information is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use to identify prospective properties they may be interested in purchasing. Coldwell Banker Associated Brokers Realty, CA DRE #00939614.