2229 Ponderosa, Santa Ana, CA 92705

Santa Ana
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
2229 Ponderosa,Santa Ana, CA 92705
$1,270,000
  • - Beds
  • - Baths
  • 2,283 sq. ft.
  • Multi-family
  • Pending
Listed by: david lee
Office: exp realty of california inc888-584-9427
MLS#:OC26097142
Source:CRMLS

Price summary

  • Price:$1,270,000
  • Price per sq. ft.:$556.29

About this home

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...

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Home facts

  • Year built:1976
  • Subdivision & Development:NA
  • Listing ID #:OC26097142
  • Added:147 day(s) ago
  • Updated:September 29, 2026 at 09:39 AM

Rooms and interior

  • Kitchen Description:Electric Oven, Electric Range
  • Living area:2,283 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1976
  • Building area:2,283 sq. ft.
  • Lot area:0.14 Acres
  • Foundation Description:Slab
  • Levels:1 Story

Utilities

  • Water:Public, Water Available, Water Connected
  • Sewer:Public Sewer, Sewer Available

Finances and disclosures

  • Price:$1,270,000
  • Price per sq. ft.:$556.29

Features and amenities

  • Appliances:Electric Oven, Electric Range

Parking

  • Total parking spaces:3
  • Parking description:Assigned, Driveway
  • Garage:Yes
  • Garage spaces:3
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