Home | Orange County | Costa Mesa | 92626 | 1383 Baker
MLS: CRNP26079066 | Status: Active | Price: $1,675,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 6,534 | 1960 |
RLM Equities is pleased to exclusively present 1383 Baker Street, 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.
| Field | Value |
|---|---|
| MLS # | CRNP26079066 |
| MLS Source | California Regional MLS |
| Days on Site | 10 |
| Feature | Details |
|---|---|
| Laundry | None |
| Feature | Details |
|---|---|
| Pool | None |
| Feature | Details |
|---|---|
| Garage/Parking | Garage: 3 Car(s) |
| HOA Fee | $0 |
Ryan Anderson
R L M Equities
License #: 01939764
Phone: –
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 3 | 3 |
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 2214 Rutgers Dr | $1,550,000 | – | – | – | Active |
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This listing information is up-to-date as of April 15, 2026. For the most current information, please contact Ryan Anderson.