John E Burge

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308 S Laurel StreetSanta Ana, CA 92704

Multi-Family · 3,404 Sq. ft. | 0.15 Acres
$1,795,000 Active

308 S Laurel Street Overview

Time on Site:
242 days
Visits:
1

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

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308 S Laurel Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,404
  • Price/Sq.ft. $527
  • Lot 0.15 Acres

Details

General

Association/HOA

  • Association: No
  • Common Interest: Community Apartment

Income/Expenses

  • Gross Income: 132000.0
  • Gross Scheduled Income: 132300.0
  • Insurance Expense: 3404.0
  • Maintenance Expense: 3960.0
  • Net Operating Income: 101892.0
  • New Taxes Expense: 20104.0
  • Operating Expense: 30108.0

Building Information

  • New Construction: Yes
  • Year Built: 2024

Location/Region

  • Country: US
  • County Or Parish: Orange
  • MLS Area Major: 699 - Not Defined
  • Postal City: SANTA ANA
  • Subdivision Name: Other

Community/Development

  • Community Features: Sidewalks

Rent/Lease Information

  • Land Lease: No
  • Tenant Pays: All Utilities

General Information

  • Listing Terms: Cash,Cash to New Loan,Conventional,FHA
  • Parcel Number: 14433118
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Rent Control: No
  • Senior Community: No
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage Spaces: 3.0
  • Garage: Yes

Building Interior

  • Building Area Total: 3404.0
  • Building Area Units: Square Feet

General Information

  • Appliances: Dishwasher,Gas Range,Range Hood
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Entry Location: Entry Door
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Vinyl
  • Interior Features: Recessed Lighting,All Bedrooms Up
  • Laundry Features: Washer Hookup,Gas Dryer Hookup
  • Levels: One,Two
  • Stories: 1
  • Stories Total: 2

Exterior

Parking Information

  • Open Parking Spaces: 4.0
  • Parking Features: Driveway,Garage,On Street
  • Parking Total: 7.0

Lot Information

  • Additional Parcels: No
  • Lot Size Acres: 0.1498
  • Lot Size Area: 6524.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 6524.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

    Building Exterior/Construction

    • Property Attached: Yes
    • Roof: Asphalt

    General Information

    • Number Of Units Leased: 3
    • Number Of Units Total: 4
    • Pool Features: None
    • Pool Private: No
    • Sewer: Public Sewer

    308 S Laurel Street Neighborhood

    Community

    92704 (SANTA ANA) Demographics

    34
    Median Age
    11,405
    Population Density (per sq. mile)
    24%
    College Educated
    $76,136
    Estimated Median Income
    10,510
    Estimated Total Home Owners
    9,814
    Estimated Total Renters
    52% / 48%
    Estimated Owner / Renter Divide
    4
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    308 S Laurel Street Monthly Cost

    $
    $ %
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    $
    $
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    308 S Laurel Street Market Data

    Based on the last 30 days in this zip code

    $820,613
    Average List Price
    $628
    Average Price per Square Foot
    17
    Properties Sold
    54
    Average Days on Market
    162
    Properties for Sale
    Calculations provided by Reliance Network

    308 S Laurel Street History

    Date Event Value Agent
    6/16/2026Source: CRMLS Price Reduction
    $1,795,000 -5.5%
    10/30/2025Source: CRMLS Added to Database
    October 30, 2025
    Listing provided courtesy of Real BrokerNhi Phan- MLS# OC25238691MLS ProviderContact Information: [email protected] - 855-450-0442
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