Apartment for sale in Southern California — $1,795,000. 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…
$1,795,000
308 S Laurel Street, Santa Ana, CA 92704
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.
Listing updated: July 10, 2026 at 12:14 PM
Listed by: Nhi Phan, Real Broker
Source: CRMLS, MLS#: OC25238691, Originating MLS: California Regional MLS
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| Date | Event | Price |
|---|---|---|
6/16/2026 Source: CRMLS, #OC25238691 | Price change | $1,795,000-5.5% |
| 10/30/2025Source: CRMLS, #OC25238691 | Listed for sale | $1,900,000 |
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