1924 Maple Avenue

Costa Mesa, CA 92627

$2,150,000
Price
7
Beds
6
Baths
3,605 Sq. Ft.
$596 / Sq. Ft.
3,605
Sq. Ft.
$596
per Sq. Ft.

Description

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...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.
  1. Listed by Nick Gould • DRE #01521955 • Brokerage DRE #02221910 • Gould Group Inc • ng@gouldgroupinc.com

Property Details for 1924 Maple Avenue

Parking Spaces Total
6
Private Pool
No
Cooling Type
N/K
Total Units
3.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3605
Assessor Parcel Number
422-103-23

Location

Listing Courtesy of Gould Group Inc, Nick Gould, DRE #01521955
Add your commute
LISTING UPDATED: 04/21/2024 01:13 PM

Property Details for 1924 Maple Avenue

StatusActive
MLS #NP24039393
Days on Market61
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1976
CountyOrange County

Location

Listing Courtesy of Gould Group Inc, Nick Gould, DRE #01521955
Add your commute

Building Information for 1924 Maple Avenue

Building/Complex1924 Maple AveFloor-Stories2Residences-Pet Policy-Year Built1976Building Size-

Payment Calculator

$12,715 per month

30 year fixed, 7.25% Interest

Principal and Interest

$11,733

Property Taxes

$982

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1924 Maple Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $107,100
  • Gross Scheduled Income: $107,100
  • Vacancy Allowance: 3267
  • Gross Operating Income: $105,633
  • Net Operating Income: $68,677
  • Laundry Income: $900
Expense Details
  • Operating Expense: $36,956
  • New Taxes Expense: $24,788
  • Gardener Expense: $1,040
  • Fuel Expense: $500
  • Electric Expense: $500
  • Insurance Expense: $2,100
  • Maintenance Expense: $6,426
  • Maintenance Percent: 6.00%
  • Professional Management Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $680
  • Total Expenses: $36,956
Tax / Assessment Info
  • Tax Tract Number: 247
  • Tax Census Tract: 637.02
  • CFD/Mello-Roos Fee: $2,250
  • Tax Lot: 16
Community / Development
Community / Development
  • Community Features: Biking, Curbs, Gutters, Sidewalks, Storm Drains, Street Lights, Suburban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Community, Gas & Electric Dryer Hookup, Washer Hookup
  • Laundry Equipment Own Lease: Own
  • Fireplace Features: Family Room
  • Fireplace Rooms: Family Room
  • Cooling: None
  • Heating Type: Central
  • Heating: Central
Exterior Features
  • Entry Location: Front Door
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 2-5 Units/Acre, Lawn
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Assigned
  • Uncovered Spaces: 4
  • Open Other Spaces Total: 4
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Parking Features: Assigned
Property / Structure Info
  • Builders Tract Name: Other
  • Builders Tract Code: Other (OTHR)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $3,500
  • Unit Type Total Rent: $3,500
  • Unit Type Pro Forma: 4000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,400
  • Unit Type Total Rent: $2,400
  • Unit Type Pro Forma: 3100
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,950
  • Unit Type Total Rent: $2,950
  • Unit Type Pro Forma: 3100
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 1924 Maple Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1924 Maple Avenue

Taxable ValueLand$660,123Additions$249,006Total$909,129
Tax Record2023$11,780 ($982 / month)
Home Facts
Total Finished SqFt3,605 SqFtAbove Grade Finished SqFt3,605 SqFtStories2Lot Size9,990 SqFtStyleTriplexYear Built1976CountyORANGEAPN422-103-23

Schools near 1924 Maple Avenue

This home is within Newport-Mesa Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Wilson Elementary School
PublicK to 6

Charles W. Tewinkle Middle School
Public7 to 8

Estancia High School
Public9 to 12

Monte Vista High School
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1924 Maple Avenue is a multi-family home for sale in Costa Mesa, CA 92627. This property was listed for sale on February 12, 2024 by Gould Group Inc, it's currently listed at $2,150,000. It has been on the market for a total of 61 days and was last sold on April 17, 2009. This listing's school district is Newport-Mesa Unified School District. Nearby schools include Wilson Elementary School, Charles W. Tewinkle Middle School and Estancia High School. 1924 Maple Avenue is a 7-bed, 6-bath, 3,605 sqft multi-family home built in 1976.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Gould Group Inc, Nick Gould, DRE #01521955

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.