1383 Baker, Costa Mesa, CA 92626
1383 Baker, Costa Mesa, CA 92626
1383 Baker, Costa Mesa, CA 92626
15
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$1,575,000
Est. payment /mo
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6 Beds
4 Baths
6,534 Sqft Lot
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1383 Baker Costa Mesa, CA 92626

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Patty Doyle

Patty Doyle

+1(619) 886-0321

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID NP26216295

Bedrooms 6

Lot Size 6,534 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

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.

Location

State CA

County Orange

Zoning Public Rec

Direction Corner of Harbor Blvd. & Baker St.

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 14119105

MLS Router / San Diego MLS
Listed by Ryan Anderson, DRE#01939764 R L M Equities 

NEARBY SCHOOL & BUSINESS

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Patty Doyle

Patty Doyle

Agent License ID: 01507441

+1(619) 886-0321

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1383 Baker

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