About this property

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.

Property facts

Heating

Central

Cooling

Central Air

Parking

7

Stories

1

Flooring

Vinyl

Appliances

Dishwasher, Gas Range, Range Hood

MLS #

OC25238691

Listed by

Real Broker

Price history

• 2026-06-16 · Listed for sale$1,795,000
• 2026-06-02 · Listing removed$1,900,000
• 2025-10-31 · Listed for sale$1,900,000
• 2025-07-25 · Listing removed$1,950,000
• 2025-06-23 · Listed for sale$1,950,000
• 2023-06-15 · Sold$895,000

Nearby schools

• 5
  Edward Russell Elementary School

  Elementary · Grades K-6 · Public
  0.3 mi
• 4
  Stephen R. Fitz Intermediate School

  Middle · Grades 7-8 · Public
  1 mi
• 6
  Los Amigos High School

  High · Grades 9-12 · Public
  1.6 mi

School data and ratings are provided by third parties and may change. Verify enrollment boundaries directly with the district.

Getting around

Check how 308 S Laurel St fits your daily routine in Santa Ana.