1383 BakerCosta Mesa, CA 92626
Orange County
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.
Property Information
- Property type
- Residential Income
- Sub-type
- Apartment
- Year built
- 1960
- Stories
- 2
- Building area
- 2,785 Sq Ft
- Lot size
- 0.15 acres
- Garage spaces
- 3
- Parking spaces
- 4
- Days on market
- 26
- MLS® Listing#
- NP26216295
Property Features
- Pool
- None
- Laundry
- None
- Community
- Curbs
- Sewer
- Public Sewer
- Water source
- Public
Financial Details
- HOA
- None
- Annual taxes
- $16,558
- Parcel number
- 14119105
Directions
Corner of Harbor Blvd. & Baker St.
Listing Courtesy: R L M Equities - 949-290-0199
Presented by: Ryan Anderson
Licensed in the state of California.
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