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2,785 sqft

$1,575,000

1383 Baker, Costa Mesa CA, 92626

Price per sqft$565.53
Built in1960
Property size2,785 sqft
Property typeCondominium
Listed by Ryan Anderson CA DRE# 01939764 with R L M Equities 949-290-0199

Overview

Active

Listed Oct 5, 2026

Updated 3h ago

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.

$10,479/mo

Est. mortgage payment based on a $1,575,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
NP26216295

Interior Features

Basement
No

Exterior Features

Lot Size
0.15 Acres

Other Property Details

Taxes
$16,558
Tax Frequency
Annually
Maintenance Expense
$3,000
Garage
Yes
55+/Senior Community
No
MLS provider logo

Listed by Ryan Anderson CA DRE# 01939764 with R L M Equities 949-290-0199

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/6/2026. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 10/6/2026 at 4:05 AM UTC Last Checked: 4:05 AM UTC

 

 

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