308 South Laurel Street, Santa Ana, CA 92704
308 South Laurel Street, Santa Ana, CA 92704,Video Tour
308 South Laurel Street, Santa Ana, CA 92704
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Listed by Nhi T Phan • Real Broker
$1,795,000
Est. payment /mo
3,404 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 3,404 sqft

Price per Sqft $527

MLS Listing ID OC-25238691

Year Built 2024

Lot Size 6,524 Sqft

Property Sub-Type Apartment

Source California Regional Multiple Listing Service (CRMLS)

Property Description

Welcome to 308 Laurel Apartments, a 4-UNIT multifamily investment property nestled in the highly desirable neighborhood of Santa Ana.

TOTAL CURRENT RENT: $11,000/month | TOTAL MARKET RENT: $11,250/month | 3 UNITS are on month-to-month leases, and 1 UNIT is leased through 07/31/2027.

Brand New Construction (2024) – UNIT 1: What sets this property apart is the addition of a brand-new ADU, offering a 2 bed/2 bath, 800 SF unit with an open floor plan, central A/C, modern cabinets, quartz countertops, high-quality appliances, wood flooring, recessed lighting, and washer & dryer hookups.
Fully Remodeled – UNITS 2-4: 3 units, each offering 2 bed/1 bath, 868 SF. These units were fully remodeled in 2023 with modern design elements and all-new upgrades throughout. The property includes 3 units with 1-car garages, plus 4 driveway parking spots, providing convenient parking for residents.
Each unit features in-unit washer/dryer hookups, A/C, modern cabinets, quartz countertops, high-quality appliances, wood flooring, and recessed lighting.
All tenants pay their own utilities, with gas and electricity individually metered — ensuring hassle-free maintenance and management.
A perfect 1031-exchange opportunity, ideal for a homeowner seeking additional rental income, or for investors looking for a turnkey, income-producing asset.

Location

State CA

County Orange

Interior

Interior Features Recessed Lighting

Heating Central

Flooring Vinyl

Fireplaces Type None

Laundry Gas Dryer Hookup, Washer Hookup

Exterior

Parking Features Garage, Street, Driveway

Garage Spaces 3.0

Pool None

Community Features Sidewalks

View Y/N No

View None

Building

Lot Description Lot 6500-9999

Sewer Public Sewer

Others

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John R Thompson

John R Thompson

+1(805) 796-5221

Broker/Owner | License ID: 01200900

Broker/Owner License ID: 01200900

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308 South Laurel Street