Updated Oct 23, 2026
Dr. Lan Vo Acquires Medical Office In Costa Mesa From Emerald Real Estate Partners For $7,265,625
660 Baker Street
$7,265,625
$738/SF
Building Size
9,845 SF
Asset Type
Medical Office
Closing
Oct 15, 2026
About this deal
AI
The property asset involved in this transaction is a medical office located at 660 Baker Street in Costa Mesa. The sale price of the property was $7,265,625, covering a total square footage of 9,845, which translates to a price per square foot of $738.
Summary of transaction details:
- Property Type: Medical Office
- Transaction Amount: $7,265,625
- Address: 660 Baker Street
- Market: Costa Mesa
- Square Footage: 9,845
- Price per Square Foot: $738
- Buyer: Dr. Lan Vo
- Seller: Emerald Real Estate Partners
- Broker: Mark DeGiorgio - Institutional Property Advisors
The key individuals and companies involved in the transaction include the buyer, Dr. Lan Vo, and the seller, Emerald Real Estate Partners, who executed the sale through their representative, Mark DeGiorgio, from Institutional Property Advisors, overseeing the transaction process.
On the Map
$7,265,625
$738/SF
Medical Office
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Players
Costa Mesa Medical Office Market Snapshot
Boundary boundary · Medical Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.18%
Cash-on-Cash
-0.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93