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Listed by Nhi Phan, DRE #02178756 • Real Broker
$1,795,000
Est. payment /mo
6,524 Sqft Lot
Price Dropped by $105K
308 S Laurel ST Santa Ana, CA 92704
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC25238691
Year Built 2024
Lot Size 6,524 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
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 lo
Location
State CA
County Orange
Area 699 - Not Defined
Rooms
Kitchen Dishwasher, Hood Over Range, Oven Range - Gas
Interior
Heating Central Forced Air
Cooling Central AC
Laundry Gas Hookup, 30
Exterior
Parking Features Garage, Off-Street Parking, Other
Garage Spaces 7.0
Pool None
View None
Roof Type 2
Building
Story One Story
Water District - Public
Others
Tax ID 14433118
Special Listing Condition Not Applicable
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