Santa Ana, CA 92704 308 S Laurel Street

308 S Laurel Street Santa Ana, CA - Image 1308 S Laurel Street Santa Ana, CA - Image 2308 S Laurel Street Santa Ana, CA - Image 3
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Presented By: Vinh Pham with NRI Group; 714-787-7993
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# OC24249476
  • 01/17/2025
  • Request Tour
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 8
  • Baths • 5
  • SQFT • 3,404
  • Garage • 3

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 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.
Presented By: Vinh Pham with NRI Group; 714-787-7993

Interior Features for 308 S Laurel Street

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringVinyl
Heating Y/NYes
Interior AmenitiesRecessedLighting, AllBedroomsUp
Laundry FeaturesWasherHookup, GasDryerHookup
Total Stories2

Other Rooms

Entry Level1

General for 308 S Laurel Street

Additional Parcels Y/NNo
AppliancesDishwasher, GasRange, RangeHood
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CitySanta Ana
Community FeaturesSidewalks
ContingencyNone
CoolingCentralAir
CountyOrange
DirectionsW 1st St / Fairview St
Entry LocationEntry Door
Garage Spaces3.0
Garage Y/NYes
Gross Income129600.0
HOANo
HOA Fee$0.0
HeatingCentral
Home Warranty Y/NNo
Insurance Expense3404.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne, Two
Listing TermsCash, CashToNewLoan, Conventional, FHA
Lot Size Square Feet6524.0
Lot Size UnitsSquareFeet
MLS Area699 - Not Defined
Maintenance Expense3888.0
MobileHomeRemainsYNNo
Net Operating Income96756.0
New ConstructionYes
Number Of Units Total4
Number of Units Leased4
Open Parking Spaces4.0
Operating Expense32844.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalSingleFamilyResidence
Property SubtypeSingleFamilyResidence
Property TypeResidentialIncome
Rent Control Y/NYes
RoofAsphalt
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Subdivision NameOther
Tax Lot43
Taxes$22,960
Tenant PaysAllUtilities
Total Actual Rent10800.0
Trash Expense0.0
ViewNone
Water Sewer Expense0.0
Year Built2024
Year Built SourceBuilder

Exterior for 308 S Laurel Street

Building Area Total3404.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesLandscaped
Lot Size Acres0.1498
Lot Size Area6524.0
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters1
Parking FeaturesDriveway, Garage, OnStreet
Private PoolNo
SpaNo
Total Parking7.0
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $1,950,000
MLS#OC24249476
List Date 01/17/2025
Property Type Multi-Family
Phone 714.742.6515
Request Tour
Request Info
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