1383 Baker, Costa Mesa, CA 92626
1383 Baker, Costa Mesa, CA 92626
1383 Baker, Costa Mesa, CA 92626
1383 Baker, Costa Mesa, CA 92626
1383 Baker, Costa Mesa, CA 92626
1383 Baker, Costa Mesa, CA 92626
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$ 1,575,000
Est. payment | /mo

6,534 Sqft Lot


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$ 1,575,000
Est. payment | /mo
Save

6,534 Sqft Lot

Key Details

Property Type Other Types

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID NP26216295

HOA Y/N No

Year Built 1960

Annual Tax Amount $16,558

Lot Size 6,534 Sqft

Property Sub-Type Apartment

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

Area 699 - Not Defined

Interior

Fireplace No

Laundry None

Exterior

Garage Spaces 3.0

Garage Description 3.0

Pool None

Community Features Curbs

View Y/N No

View None

Total Parking Spaces 4

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level One,Two

Sewer Public Sewer

Water Public

Level or Stories One, Two

New Construction No

Others

Senior Community No

Tax ID 14119105

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Ryan Anderson R L M Equities 949-290-0199, DRE #01939764

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Dusty Mulhearn

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