308 S Laurel Street, Santa Ana, CA 92704
308 S Laurel Street, Santa Ana, CA 92704
308 S Laurel Street, Santa Ana, CA 92704
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$1,795,000
Est. payment /mo
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8 Beds
5 Baths
6,524 Sqft Lot
Price Dropped by $105K

308 S Laurel Street Santa Ana, CA 92704

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Patty Doyle

Patty Doyle

+1(619) 886-0321

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC25238691

Bedrooms 8

Lot Size 6,524 Sqft

Property Sub-Type Res Income 2-4 Units

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

Zoning Builder

Direction W 1st St / Harbor Blvd

Interior

Cooling Central Forced Air

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 14433118

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

MLS Router / San Diego MLS
Listed by Nhi Phan, DRE#02178756 Real Broker 

NEARBY SCHOOL & BUSINESS

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Patty Doyle

Patty Doyle

Agent | License ID: 01507441

+1(619) 886-0321

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308 S Laurel Street

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