2896 Baker Street
About This Property
This 4-bedroom, 2-bath home offers 1,801 square feet of potential on a spacious 7,875 sq ft lot. Just a short stroll from the neighborhood park, this property is nestled in one of Costa Mesa's most coveted communities - the Inner Loop of Mesa Verde - known for its close-knit feel, festive holiday traditions, and fun neighborhood get-togethers throughout the year.
Inside, the home is a true blank slate - ready for your vision, creativity, and personal touch. Whether you're looking to renovate, expand, or design your dream space from the ground up, the possibilities are endless.
Enjoy close proximity to Mesa Verde Country Club, Costa Mesa Golf Course, and top-rated local schools. With strong community spirit, a prime location, and tons of potential, 2896 Baker Street is an opportunity you don't want to miss.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 5, 2025 | Sold | ||
| Sold | |||
| May 19, 2025 | In contract | - | |
| In contract | |||
| Apr 15, 2025 | Listed by Torelli Realty | $1,525,000 | |
| Listed by Torelli Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017