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40-Unit Apartment Community
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1959 Maple Ave, Costa Mesa, CA 92627

Forty apartments with heated pool, three courtyards, and recent CapEx including new windows and upgraded amenities.

Property SizeContact for details
Lot Size2.00 Acres
Days on Market128

Property Features for 1959 Maple Ave

General Information

Standard status Active
Total Parking Spaces 34
Lot size 2.00 Acres
Property subtype Multifamily

Additional Details

Cap Rate 6%
Multifamily Units 40

Amenities

large heated pool
three courtyards
Listing Agency: Triqor Group
Listed By: Gary Tolfa · License #CA 00955403
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 10:36PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Triqor Group

Investment Insights

Based on property information with market context.

El Puerto Mesa is a well-kept 40-unit apartment community on nearly 2 acres. The unit mix includes 31 one-bedroom and 9 two-bedroom units. Recent capital improvements include new windows, decks, balconies, and overall amenity modernization, and approximately 25% of the units have been upgraded with laminate wood floors, quartz countertops, and new kitchen cabinetry.

Community amenities include a large heated pool and three courtyards. The property provides ample parking with over a 2:1 parking ratio and 34 garage parking spots. All units are equipped with electric submeters as part of a Ratio Utility Billing System (RUBS), designed to recover a portion of tenant utility expenses. The community also offers ADU potential, with the garages’ configuration described as suitable for conversion to additional units, including a projected add of 8 two-bedroom and 2 one-bedroom units.

El Puerto Mesa is located at 1959 Maple Ave in Costa Mesa, California.

Key Highlights

  • 40‑unit apartment community in Costa Mesa, CA on nearly 2 acres
  • Unit mix: 31 one‑bedroom and 9 two‑bedroom apartments
  • Recent CapEx improvements include new windows, decks, balconies, and amenity modernization

Property Analytics

Current Use

Westside Apartments Apartment Building The Devoted Drain Cleaning ... Plumbing Service

Suggested Use

Top Pick Parking Lot & Garage Catering Service Daycare Center Butcher Fish Market Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

40
Residential units

Location Intelligence

Trade Area within ½ mile

2,696
Businesses Nearby

Demographics for 92627, CA

61,764
Population
23,286
Households
2.7
Avg Household Size
36
Median Age
42%
College-Educated
85%
High-School Grad
6.4 sq mi
ZIP Area
9,651
Density / Sq Mi
$105,039
Median Household Income
$49,236
Median Earnings
$2,299
Median Rent
$1,074,900
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Forty apartments with heated pool, three courtyards, and recent CapEx including new windows and upgraded amenities.
Where is this apartment building located?
The property is located at 1959 Maple Ave Costa Mesa, CA.
What are key features of this property?
This property features: 40‑unit apartment community in Costa Mesa, CA on nearly 2 acres; Unit mix: 31 one‑bedroom and 9 two‑bedroom apartments; Recent CapEx improvements include new windows, decks, balconies, and amenity modernization
(949) 756-3232 Call to check price and availability
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