2229 Ponderosa

Santa Ana, CA 92705
  • $1,270,000

    Price
  • 5

    Bed
  • 4

    Bath
  • 2,283

    SqFt

About the Listing OC03224 - OCDAVLEE

Excellent opportunity to own a well-located income property in the highly desirable 92705 zip code in Santa Ana. Situated on a quiet residential street, this multifamily asset offers approximately 2,280 square feet of living space with R-2 zoning, providing flexibility for duplex or small multifamily use. Built in the 1970s, the property is surrounded by a stable mix of single-family homes and multifamily residences, contributing to consistent rental demand. The location offers strong tenant appeal with a walkable setting near shopping, dining, and everyday conveniences along 17th Street and Tustin Avenue. Easy access to the 55 and 22 freeways allows for convenient commuting throughout Orange County, including nearby employment hubs in Irvine, Costa Mesa, and Anaheim. Current rents present upside potential relative to market averages, offering investors the opportunity to increase income through interior updates and operational improvements. Ideal for both owner-users and investors seeking stable cash flow with long-term appreciation in a high-demand area. Don’t miss this chance to acquire a desirable duplex in one of Santa Ana’s most sought-after neighborhoods.

Listing Highlights

Status Active
Days on Site 15
Property Type Multi-Family
MLS ® OC26097142
Year Built 1976
Total Square Footage 2,283
Lot/Acreage 0.14

Interior Details

  • Bedrooms: 5
  • Bathrooms: 4 Full
  • Appliances: Electric Oven, Electric Range
  • Air Cond: Central Air
  • Heating: Central
  • Fireplaces: Living Room
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: 2-5 Units/Acre,No Land Lease
  • Garage Capacity: 3 car
  • Parking Spaces: 3
  • Roof: Shingle
  • Others: 2+ Total Units
  • Sewer: Public Sewer
  • Parking Features: Assigned,Driveway

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 39628148
  • Tax Year: N/A

Payment Calculator

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Questions About..

2229 Ponderosa Santa Ana, CA 92705

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Originating MLS: CRMLS

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