1924 Maple Ave, Costa Mesa, CA 92627
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1924 Maple Ave Costa Mesa, CA 92627

$2,150,000
  • 7 Beds
  • 6 Baths
  • 3,605 Sq.Ft.
For Sale
$2,150,000 Get Pre-Qualified

Map preview of 1924 Maple Ave, Costa Mesa, CA 92627

Property Overview: 1924 Maple Ave Costa Mesa, CA has 7 bedrooms, 6 bathrooms, 3,605 living square feet and 10,019 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: We proudly presents a prime investment opportunity at 1924 Maple Avenue, Costa Mesa, CA 92627. This property features 3 renovated and very clean units. The units feature a front unit which is 3-Bedroom, 2 Bathroom and the two units in the back are both 2-Bedroom, 2-Bathroom. Nestled in sought-after Downtown Costa Mesa, this location offers the perfect blend of tranquility and convenience. The property boasts (1) Double car garage as well as (4) Off-Street Spaces, ensuring ample parking for residents and guests. Additionally, the on-site laundry room enhances the convenience and appeal of this well-maintained investment. With a strategic location and upgraded units, 1924 Maple Avenue presents an excellent opportunity for investors, seeking a premium multi-unit property in Downtown Costa Mesa.

Listed by Nick Gould | BRE #01521955 | Gould Group Inc
Last checked: 36 seconds ago | Last updated: April 22nd, 2024 | Source CRMLS | DOM: 60
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Home details

Lot Sq. Ft
10,019
HOA Dues
$0/mo
Year built
1976
Garage
2 Car
Property Type:
Apartment
Status
Active
MLS#
NP24039393
City
Costa Mesa
County
Orange
Time on Site
60 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,950
  • Total Rent: $2,950
  • Pro Forma/Market Rent: $3,100
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,400
  • Total Rent: $2,400
  • Pro Forma/Market Rent: $3,100
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,500
  • Total Rent: $3,500
  • Pro Forma/Market Rent: $4,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $107,100
  • Net Operating Income: $68,677
  • Gross Operating Income: $105,633
  • Vacancy Allowance: $3,267
  • Laundry Income: $900
  • Laundry Own/Lease: Own
Annual Expense Breakdown
  • Total Operating Expense: $36,956
  • Electric: $500
  • Gas/Fuel: $500
  • New Taxes: $24,788
  • Trash: $0
  • Gardener: $1,040
  • Insurance: $2,100
  • Maintenance: $6,426
  • Professional Management: $0
  • Water/Sewer: $680

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Property Details for 1924 Maple Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Community, Gas & Electric Dryer Hookup, Washer Hookup
Fireplace Information
  • Has Fireplace
  • Family Room
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: 2-5 Units/Acre, Lawn
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 42210323
  • Year Built Source: Assessor
  • Entry Level: 2
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: Other
  • Directions: From 55 Freeway, right on W. 19th Street and Right on to Maple Avenue
Neighborhood Information
  • Community Features: Biking, Curbs, Gutters, Sidewalks, Storm Drains, Street Lights, Suburban
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Sale History for 1924 Maple Ave

Last sold for $734,500 on May 22nd, 2009
  • February, 2024

  • Feb 26, 2024

    Date

    Active

    CRMLS: NP24039393

    $2,199,000

    Price

  • May, 2009

  • May 22, 2009

    Date

    Sold (Public Records)

    Public Records

    $734,500

    Price

  • March, 2001

  • Mar 27, 2001

    Date

    Sold (Public Records)

    Public Records

    $425,000

    Price

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Tax History for 1924 Maple Ave

Assessed Value (2020): $843,382
Year Land Value Improved Value Assessed Value
2020 $615,669 $227,713 $843,382

Home Value Compared to the Market

This property vs the competition

1924 Maple Ave is listed 54.79% higher than the median list price for the city of Costa Mesa which has a median list price of $1,389,000. The median price per/sqft for Costa Mesa is $811 and this home is listed at $596.39 per/sqft which puts the price per square foot 26.46% lower than the median price per square foot for the city of Costa Mesa.

About 1924 Maple Ave

Detailed summary of property

1924 Maple Ave is a apartment located in Costa Mesa, CA 92627 and is currently for sale. This apartment offers 7 bedrooms, 6 bathrooms, roughly 3,605 living square feet, and sits on an approximately 10,019 square foot lot. 1924 Maple Ave was first listed on ArdentRealEstateGroup.com on February 27, 2024. The homeowner is currently asking $2,150,000 and was originally asking $2,199,000. The median priced home in Costa Mesa is $1,389,000 with a median price per square foot of $811. Based on Ardent Real Estate Group's Costa Mesa Market Data, this home is listed 54.79% higher than the median priced home. Local competing homes currently for sale include 282 E 16th St, 150 Cecil Pl and 186 Del Mar Ave. While the average home in Costa Mesa, CA is selling in 28 days, 1924 Maple Ave has a days on market of 60 days. There are currently 113 homes for sale in the Costa Mesa real estate market and 84 of them are single family homes while 14 of them are condos and 15 are townhomes. For more information on this home for sale at 1924 Maple Ave Costa Mesa, CA 92627 contact Ardent Real Estate Group and we will put you in touch with one of our Costa Mesa agents.

Public Facts for 1924 Maple Ave

Public county record property details
Beds
--
Baths
--
Year built
1976
Sq. Ft.
3,605
Lot Size
9,386
Stories
2
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
16
APN
422-103-23

The source for these homes facts are from public records.

92627 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,399,000
Median List Price/Sq.Ft.
$828
Median Sold Price
$1,350,000
Median Sold Price/Sq.Ft.
$1,046
Total Inventory
66
Median Sale to List Price %
103.85%
Avg Days on Market
17
Loan Type
Conventional (50%), FHA (0%), VA (0%), Cash (31.82%), Other (18.18%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.