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308 S Laurel Street

Santa Ana, CA 92704
  • $1,900,000
  • STATUS: Active
  • ON SITE: 45 Days
  • ID#: OC25238691
UPDATED: 45 min ago
$1,900,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
2024
County:

School Ratings & Info

Listing Agent(s): Nhi Phan of Real Broker (619-248-6434)


Description

Welcome to 308 Laurel Apartments, a 4-unit multifamily investment property nestled in the highly desirable neighborhood of Santa Ana. Brand New Construction UNIT 1: What sets this property apart is the addition of a brand-new ADU completed in 2024; offering 2 bed/2 bath 800 SFWith 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 each. These units have been fully remodeled in 2023, modern design elements and loaded with all-new upgrades. There are 3 units with 1-car garage, and 4 driveway parking spots providing convenience for residents. Featuring in-unit washer and dryer hookups, A/C, modern cabinets, quartz countertops, high-quality appliances, wood flooring, recessed lighting. All tenants pay for their own utilities; with gas and electricity having individual meters, ensuring hassle-free maintenance and management.Perfect 1031-exchange opportunity, a homeowner looking for additional rental income, or investors.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-15T20:29:03.497. 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 deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/169407762
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308 S Laurel Street Santa Ana, CA 92704

  • Price: $1,900,000
  • Status: Active
  • On Site: 45 Days
  • Updated: 45 min ago
  • ID#: OC25238691
0
Beds
0
Baths
0
½ Baths
0.15
Acres
2024
Built
Neighborhood:
Other
County:
Orange
Area:
699 - Not Defined
Property Description
Welcome to 308 Laurel Apartments, a 4-unit multifamily investment property nestled in the highly desirable neighborhood of Santa Ana. Brand New Construction UNIT 1: What sets this property apart is the addition of a brand-new ADU completed in 2024; offering 2 bed/2 bath 800 SFWith 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 each. These units have been fully remodeled in 2023, modern design elements and loaded with all-new upgrades. There are 3 units with 1-car garage, and 4 driveway parking spots providing convenience for residents. Featuring in-unit washer and dryer hookups, A/C, modern cabinets, quartz countertops, high-quality appliances, wood flooring, recessed lighting. All tenants pay for their own utilities; with gas and electricity having individual meters, ensuring hassle-free maintenance and management.Perfect 1031-exchange opportunity, a homeowner looking for additional rental income, or investors.
Exterior Features

Entry Level 1 Entry Location Entry Door Lot Features Landscaped Number Of Separate Electric Meters 4 Open Parking Spaces 4 Parking Features DrivewayGarageOn Street Parking Total 7 Pool Features None Pool Private YN No Property Attached YN Yes Roof Asphalt View None View YN No

Interior Features

Appliances DishwasherGas RangeRange Hood Common Walls 2+ Common Walls Cooling Central Air Cooling YN Yes Fireplace Features None Fireplace YN No Flooring Vinyl Heating Central Heating YN Yes Interior Features Recessed LightingAll Bedrooms Up

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest Community Apartment Community Features Sidewalks Garage YN Yes Gross Income 132300 Gross Scheduled Income 132300 Insurance Expense 3404 Land Lease YN No Laundry Features Washer HookupGas Dryer Hookup Levels OneTwo Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New LoanConventionalFHA Maintenance Expense 3969 Net Operating Income 99321 New Construction YN Yes New Taxes Expense 22960 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 32979 Property Sub Type Single Family Residence Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays All Utilities Total Actual Rent 10800 Trash Expense 0 Vacancy Allowance 2646 Vacancy Allowance Rate 2 Water Sewer Expense 0 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-15T20:29:03.497. 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 deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Independent Broker Network
1148 N. Chinowth Suite A
Visalia CA, 93291
Listing Agent(s): Nhi Phan of Real Broker (619-248-6434)