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Executive Summary

Welcome to 308 Laurel Apartments, a 4-unit multifamily investment property nestled in the highly desirable neighborhood of Santa Ana. Brand
New Construction UNIT 1: What sets this property apart is the addition of a brand-new ADU completed in 2024; 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.

Property Facts

Price $1,900,000
Price Per Unit $475,000
Sale Type Investment
Sale Condition 1031 Exchange
No. Units 4
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Apartments
Apartment Style Single-Family Home
Building Class B
Building Size 3,404 SF
No. Stories 2
Year Built 2024
Parking Ratio 0.29/1,000 SF

Amenities

Site Amenities

  • Gas Range
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2 1 $2,800 800
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Very bikeable
80/100

Property Taxes

Property Taxes

Parcel Number
144-331-18
Land Assessment
$1,124,923
Improvements Assessment
$275,077
Total Assessment
$1,400,000
  • Listing ID: 41468522

  • Date on Market: 7/28/2026

  • Last Updated:

  • Address: 308 S Laurel St, Santa Ana, CA 92704

Contact the Sale Advisor

308 S Laurel ave, Los Angeles, CA 90048 | 308 S Laurel St

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