308 S Laurel Street, Santa Ana, CA 92704

• 8 beds |
• 5 baths

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.

Listing Status:

Active

Date Added:

October 30, 2025

Data Last Updated:

August 24, 2026 at 7:12AM

Listing Office:

Real Broker : 619-248-6434

Listing Agent:

Nhi Phan : 714-823-1972

MLS ID:

OC25238691

Interior

• A/C: Central Forced Air

Exterior

• Pool: N/K

Construction

• General: 1 Story

Location

• HOA Amenities: 0.0
• Originating MLS: California Regional MLS
• County: Orange

Lot

• Zoning: Builder14433118

Financial

• Source: California Regional MLS