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1383 Baker St
Costa Mesa, CA 92626 Westside Costa Mesa

$1,600,000 USD

Apartments For Sale  •  2,785 SF

Property Details

  • Property Type Apartments
  • Total Building Size 2,785 SF
  • Lot Size 0.15 AC
  • Building Class C
  • Year Built 1960
  • Cap Rate 3.41 %
30 Transit Score
60 Walk Score

Highlights

Rental upside of 18–24% to proforma rents of $2,800–$2,950/mo across all 3 units
Great Location of Costa Mesa
1,100 SF townhouse unit commands premium positioning at $2,950/mo proforma in tight Costa Mesa rental market

Financial Summary (Actual)

Net Operating Income: $54,062 USD (2025)
Cap Rate: 3.41 %
Total Expenses: $30,281 USD

Public Transportation

Commuter RailDriveWalkDistance
Tustin (Inland Empire-Orange County Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink)) 12 min - 8.7 mi
AirportDriveWalkDistance
John Wayne/Orange County 5 min - 2.8 mi
Long Beach (Daugherty Field) 24 min - 19.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 2
Type: Surface
Included in Rent: Yes
Ryan Anderson 949-290-0199 R.L.M. Equities
Ryan Anderson 949-290-0199 R.L.M. Equities