Tropical Storm Octave inched closer to Mexico's Baja California peninsula earlier today, weakening only slightly, according to Reuters.

The storm, located around 175 miles south of Cabo San Lazaro on the west coast of the peninsula, was seen traveling north at approximately 13 mph, according to Miami's National Hurricane Center.

Octave had sustained wind speeds of up to 60 mph, down from Oct. 13, and storm is expected to reach the west coast on Oct. 15.

The storm will likely cause 3 to 8 inches of rain along much of the peninsula which "will be accompanied by large and destructive waves," the center said in a statement.

Click here to track the storm.

Mexico's government has already issued a tropical storm warning for the southwestern coast of Baja California.

Despite the warning, all of Mexico's Pacific coast are still open, according to the country's transportation ministry.

A separate storm, Priscilla, has formed in the eastern Pacific south of Tropical Storm Octava.

Priscilla maintained a maximum speed of 40 mph as of earlier today.

The storm is centered around 705 miles southwest of the southern tip of Mexico's Baja California and is moving north-west.

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