REALATRENDS REAL ESTATE SERVICES, INC 949·494·8830
REALATRENDS

For Sale|ApartmentActive

308 S Laurel Street, Santa Ana, CA 92704

  • 3,404 sq ft
  • Built 2024

MLS# OC25238691 · Listed Oct 30, 2025 · 339 Days On Site

The home

About 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.

Property details for 308 S Laurel Street

This apartment sits in Santa Ana in Orange County. It offers 3,404 square feet of living space and is listed at $1,795,000, about $527 per square foot. The home was built in 2024. The MLS record lists the assessor parcel number as 144-331-18. Highlights include single-story living, a three-car garage, central air, and new construction. The detail sections on this page cover interior and exterior features, estimated taxes, HOA dues where they apply, and the map location.

Specifications

Home Details

At a glance

Price
$1,795,000
Days On Site
339 Days
Bedrooms
N/A
Inside Area (SqFt)
3,404 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
N/A
Year Built
2024
MLS® Number
OC25238691
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A

General Features

Property Type
Apartment
MLS Number
OC25238691
Year Built
2024
Lot Size (sq ft)
6,524
Lot Size (acres)
0.1498
Levels
One, Two
Garage Spaces
3
Parking Spaces
7
View
None
Parcel Number
14433118
On Market Date
2025-10-30
Listing Terms
Standard

Interior Features

Interior Features
Recessed Lighting, All Bedrooms Up
Appliances
Dishwasher, Gas Range, Range Hood
Flooring
Vinyl
Heating
Central
Cooling
Central Air
Fireplace
None
Laundry
Washer Hookup, Gas Dryer Hookup
Entry Level
1
Common Walls
Two Common Walls Or More
Rooms
Bedroom, Kitchen, Living Room

Exterior Features

Roof
Asphalt
Parking
Driveway, Garage, On Street
Pool Features
None
Sewer
Public Sewer
Water
Public
Units
4

Community Features

Subdivision
Other
Community Features
Sidewalks

The record

Property History for 308 S Laurel Street

DateEventPriceNote
Oct 30, 2025 Listed for sale $1,900,000

Cost of ownership

Estimated monthly payment

7.03% · 30-yr fixed
$
$13,683/mo
10% down · 30-year fixed · $179,500 down
Principal & interest$10,781
Mortgage insurance (est., over 80% LTV)$673
Property tax (est. county typical)$1,705
Home insurance (rough est., varies widely)$524
HOANot reported, not included
$11,812/mo
20% down · 30-year fixed · $359,000 down
Principal & interest$9,583
Property tax (est. county typical)$1,705
Home insurance (rough est., varies widely)$524
HOANot reported, not included
$10,614/mo
30% down · 30-year fixed · $538,500 down
Principal & interest$8,385
Property tax (est. county typical)$1,705
Home insurance (rough est., varies widely)$524
HOANot reported, not included
Estimated carrying cost
$2,229/mo
All cash · taxes and insurance only
Principal & interestNone (cash purchase)
Property tax (est. county typical)$1,705
Home insurance (rough est., varies widely)$524
HOANot reported, not included

Estimate only, not a loan offer or quote. Principal and interest use the Freddie Mac 30-year fixed average of 7.03% (week of Sep 24, 2026); your rate will differ. A loan this size is typically a jumbo loan, which prices differently. Tax and insurance are modelled, not billed amounts; tax uses a typical Orange County rate. Verify all figures. Full assumptions and disclosures.

Next steps

Buying 308 S Laurel Street

Want to see 308 S Laurel Street in person? We have guided buyers through the Santa Ana market since 1983. Call to arrange a private tour, or send a note and we'll follow up.

Call (949) 494-8830

Selling near 308 S Laurel Street

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Listed by Nhi Phan of Real Broker

Listing information updated Jul 10, 2026 at 12:14 PM PT. Source: CRMLS.

Call (949) 494-8830