$1,600,000
-$20,0001383 Baker, Costa Mesa CA 92626
Multi-Family (3 Units)
Property type
53 days
On market
$575
Price per sqft
3 cars
Garage
1960
Year built
6,534 sqft
Lot size
Open Houses
Overview
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...
Listing provided by: Ryan Anderson DRE #01939764, R L M Equities
Listing updated: May 16, 2026 at 07:07pm.
Last checked: Jun 5, 2026 at 11:30am
Source: CRMLS #NP26079066
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | 1 | $2,370 | $2,370 | $2,800 | Furnished |
| 1 | 2 | 1 | 1 | $2,375 | $2,375 | $2,800 | Furnished |
| 1 | 2 | 2 | 1 | $2,500 | $2,500 | $2,950 | Furnished |
# of Buildings: 1
# of Units Total: 3
Separate Electric Meters: 3
Separate Gas Meters: 3
Separate Water Meters: 1
Rent Control: No
Units Leased: 3
Total Actual Rent: $7,245
Financial Snapshot
Gross Rent Multiplier
18.4x
List Price / Annual Gross Rent
Cap Rate
3.38%
NOI / List Price
Gross Scheduled Income: $86,952
Operating Expense: $30,281
Net Operating Income: $54,062
Annual Operating Expenses
Electric: $0
Fuel: $0
Insurance: $3,600
Maintenance: $4,000
Trash: $0
Water / Sewer: $3,234
Interior
Laundry: None
Entry Location: 1
Exterior
Property Attached: Yes
Stories Total: 2
Common Walls: One Common Wall
Lot Features: Zero To One Unit Acre
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 3
Uncovered Spaces: 3
Parking Total: 6
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 14119105
Additional Parcels: No
Tax Lot: 4,5
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Curbs
Nearby Schools
Nearby schools around the 1383 Baker, Costa Mesa, CA 92626. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,280,000
Total Interest
$1,632,569
Total Payment
$2,912,569
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$9,907
per month
Property History for 1383 Baker
Costa Mesa Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 92626.
Similar Homes
Listings with similar prices to 1383 Baker