2229 Ponderosa, Santa Ana, CA 92705

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List Price
$1,270,000
Status
PENDING
Days on Market
118
MLS#
OC26097142
Subtype
Residential Income
Year Built
1976
Lot Size
6,098
Acres
0.14
Subdivision
Na
Neighborhood
Na
MLS Area Major
Santa Ana North of First (70)

Property Description

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.

Additional Information

Appliances
Electric Oven, Electric Range
Heating
Central
Air Conditioning
Yes
Stories
One Level, Two Levels
Levels
One, Two
Roof
Shingle
Pool Type
None
Parking Features
Assigned, Driveway
Garage Spaces
3
View
None

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Listing Agent: David Lee (davidleere@gmail.com) from Listing Office: eXp Realty of California Inc.

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.