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1383 Baker, 
Costa Mesa, CA 92626

$1,675,000


Bed


Bath


2,785

Sq Ft


Multi-Family

Active

Listed by

Ryan Anderson

R L M Equities

949-573-5309

Last updated:

May 2, 2026, 10:32 AM

MLS#

NP26079066

Source:

CRMLS

About This Home

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.

Home Facts

Multi-Family

Built in 1960

Price Summary

1,675,000

$601 per Sq. Ft.

MLS #:

NP26079066

Last Updated:

May 2, 2026, 10:32 AM

Added:

19 day(s) ago


Rooms & Interior

Interior

Living Area:

2,785 Sq. Ft.


Structure

Structure

Building Area:

2,785 Sq. Ft.

Year Built:

1960


Lot

Lot Size (Sq. Ft):

6,534


Finances & Disclosures

Finances

Price:

$1,675,000

Price per Sq. Ft:

$601 per Sq. Ft.

Source:CRMLS
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Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.