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1383 Baker — photo 1

About this property

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.

挂牌经纪 Ryan Anderson · R L M Equities

Estimate your monthly payment

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$315,000 down

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%/yr
$/mo
$/mo

Estimated monthly payment

$9,558

$7,964

Principal & interest

$1,444

Property tax

$150

Insurance

$1,260,000

Loan amount

Estimates only, for planning purposes — not a loan offer or commitment. Actual rates, taxes, and insurance vary. Consult a licensed lender.

Listing data is provided courtesy of the participating MLS. Information deemed reliable but not guaranteed. This information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.