Santa Ana, CA 92704 308 S Laurel Street
$1,795,000



39 more







































Presented By: Nhi Phan with Real Broker; 714-823-1972
Home Details
Welcome to 308 Laurel Apartments, a 4-unit multifamily investment property nestled in the highly desirable neighborhood of Santa Ana.
Brand New Construction (2024) UNIT 1: What sets this property apart is the addition of a brand-new ADU; offering 2 bed/2 bath 800 SF
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 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.
Presented By: Nhi Phan with Real Broker; 714-823-1972
Interior Features for 308 S Laurel Street
Other Interior Features
Air Conditioning Y/NYes
Common Walls2+ Common Walls
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringVinyl
Heating Y/NYes
Interior AmenitiesRecessed Lighting, All Bedrooms Up
Laundry FeaturesWasher Hookup, Gas Dryer Hookup
Total Stories2
Other Rooms
Entry Level1
General for 308 S Laurel Street
Additional Parcels Y/NNo
AppliancesDishwasher, Gas Range, Range Hood
Building Area UnitsSquare Feet
CitySanta Ana
Community FeaturesSidewalks
CoolingCentral Air
CountyOrange
DirectionsW 1st St / Harbor Blvd
Entry LocationEntry Door
Garage Spaces3
Garage Y/NYes
Gross Income132000
HOANo
HOA Fee$
HeatingCentral
Insurance Expense3404
Land Lease Y/NNo
LevelsOne, Two
Listing TermsCash, Cash to New Loan, Conventional, FHA
Lot Size Square Feet6524
Lot Size UnitsSquare Feet
MLS Area699 - Not Defined
MaintenanceExpense3960
Net Operating Income101892
New ConstructionYes
Number Of Units Total4
Number of Units Leased3
Open Parking Spaces4
Operating Expense30108
Pool FeaturesNone
PostalCitySANTA ANA
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidential Income
Rent Control Y/NNo
RoofAsphalt
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count1
Subdivision NameOther
Tax Lot43
Taxes$20,104
Tenant PaysAll Utilities
Total Actual Rent100200
Trash Expense0
ViewNone
Virtual TourClick here
Water Sewer Expense0
Year Built2024
Year Built SourceBuilder
Exterior for 308 S Laurel Street
Building Area Total3404
Lot Size Acres0.1498
Lot Size Area6524
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters1
Parking FeaturesDriveway, Garage, On Street
Private PoolNo
Total Parking7
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Josh Russell
Realtor®

SQFT • 3,404