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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
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308 S Laurel Street, Santa Ana – $1,795,000

  • 8 Beds
  • 5 Baths
  • .15 Acres
  • 252 DOM
  • 8 Beds
  • 5 Baths
  • .15 Acres
  • 252 DOM

308 S Laurel Street

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.

Essential Information

  • MLS® #OC25238691
  • Price$1,795,000
  • Bedrooms8
  • Bathrooms5.00
  • Acres0.15
  • Year Built2024
  • TypeResidential Income
  • Sub-TypeApartment
  • StatusActive

Community Information

  • Address308 S Laurel Street
  • Area699 - Not Defined
  • SubdivisionOther
  • CitySanta Ana
  • CountyOrange
  • Zip Code92704

Amenities

  • Parking Spaces7
  • ParkingDriveway, Garage, On Street
  • # of Garages3
  • GaragesDriveway, Garage, On Street
  • ViewNone
  • PoolNone

Interior

  • InteriorVinyl
  • HeatingCentral
  • CoolingCentral Air
  • FireplacesNone
  • # of Stories2
  • StoriesOne, Two

Interior Features

Recessed Lighting, All Bedrooms Up

Appliances

Dishwasher, Gas Range, Range Hood

Exterior

  • RoofAsphalt

Additional Information

  • Date ListedOctober 29th, 2025
  • Days on Market252

Listing Details

  • AgentNhi Phan
  • OfficeReal Broker
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Price Change History for 308 S Laurel Street, Santa Ana, (MLS® #OC25238691)

Date Details Change
Price Reduced from $1,900,000 to $1,795,000 $105,000 (5.53%)

Nhi Phan, Real Broker.

Based on information from California Regional Multiple Listing Service, Inc. as of July 23rd, 2026 at 9:27pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.