Santa Ana Multifamily Investment
For Sale
$1,795,000
308 S Laurel St, Santa Ana, CA 92704
Four-unit multifamily property with new ADU and remodeled units.
Property Size3,404 SF
Lot Size0.15 Acres
Price / SF$2,067
Days on Market173
Property Features for 308 S Laurel St
General Information
Standard status
Active
Size
3,404 SF
Lot size
0.15 Acres
Property subtype
Residential
Building Details
Building Size
3,404 SF
Year Built
2024
Stories
1
Units
4
Listing Agency:
(657) 233-5233
Listed By:
Nhi Phan
(657) 233-5233
Source:
Elliman
Added: Mar 11
Changed: Aug 24
Last Checked: Aug 29 at 1:51PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Nhi Phan
Investment Insights
Based on property information with market context.
Located in Santa Ana, the property at 308 Laurel Apartments is a four-unit multifamily investment opportunity. The property includes a newly constructed Accessory Dwelling Unit (ADU) completed in 2024, featuring 2 bedrooms and 2 bathrooms within its 800 square feet. The ADU has an open floor plan, central air conditioning, modern cabinets, quartz countertops, high-quality appliances, wood flooring, recessed lighting, and washer and dryer hookups. Additionally, there are three fully remodeled units, each offering 2 bedrooms and 1 bathroom with 868 square feet of living space. These units were remodeled in 2023 and feature modern design elements and upgrades, including in-unit washer and dryer hookups, air conditioning, modern cabinets, quartz countertops, high-quality appliances, wood flooring, and recessed lighting. The property includes three 1-car garages and four driveway parking spots. Each unit has individual gas and electricity meters, with tenants responsible for their own utility payments. This property is suitable for a 1031 exchange, homeowners seeking rental income, or investors.
Key Highlights
- Brand new ADU (2 bed/2 bath, 800 SF) completed in 2024 with modern features including A/C, quartz countertops, and wood flooring.
- Fully remodeled units 2‑4 (2 bed/1 bath, 868 SF each) completed in 2023 with modern design and upgrades.
- Individual gas and electricity meters for each unit, with tenants paying their own utilities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
982
Businesses Nearby
Explore this area
Business Placement
Demographics for 92704, CA
82,841
Population
20,887
Households
4
Avg Household Size
35
Median Age
20%
College-Educated
68%
High-School Grad
7.4 sq mi
ZIP Area
11,195
Density / Sq Mi
$94,249
Median Household Income
$37,925
Median Earnings
$2,147
Median Rent
$641,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit multifamily property with new ADU and remodeled units.
Where is this quadplex located?
The property is located at 308 S Laurel St Santa Ana, CA.
What is the asking price?
The asking price for this property is $1,795,000.
What are key features of this property?
This property features: Brand new ADU (2 bed/2 bath, 800 SF) completed in 2024 with modern features including A/C, quartz countertops, and wood flooring.; Fully remodeled units 2‑4 (2 bed/1 bath, 868 SF each) completed in 2023 with modern design and upgrades.; Individual gas and electricity meters for each unit, with tenants paying their own utilities.
