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$1,575,000
New Listing
1383 BakerCosta Mesa, CA 92626
For Sale|Apartment|Active
0
Beds
0
Total Baths
2,785
SqFt
$566
/SqFt
1960
Built
County:
Orange
Listed by Ryan Anderson of R L M Equities randerson@rlmequities.com
Call Now: (949)395-0960
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(949)395-0960
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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.
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Listing Snapshot
Price
$1,575,000
Days On Site
0 Days
Bedrooms
N/A
Inside Area (SqFt)
2,785 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.15 Acres
Year Built
1960
MLS® Number
NP26216295
Status
Active
Property Tax
$16,558
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 13 hours ago | Listing first seen on site | |
| 13 hours ago | Listing updated with changes from the MLS® |
General Features
Acres
0.15
Garage
Yes
Garage Spaces
3
Land Lease
No
Levels
OneTwo
Number Of Stories
2
Parking Spaces
4
Property Sub Type
Apartment
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Total
2785
Water Source
Public
Interior Features
Laundry Features
None
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Exterior Features
Pool Features
None
View
None
Waterview
None
Community Features
Community Features
Curbs
MLS Area
699 - Not Defined
Building Access
1
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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