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$ 1,270,000
Est. payment /mo
New
2229 Ponderosa Santa Ana, CA 92705
5 Beds
4 Baths
6,098 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC26097142
Bedrooms 5
Lot Size 6,098 Sqft
Property Sub-Type Res Income 2-4 Units
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. Dont miss this chance to acquire a desirable duplex in one of Santa Anas most sought-after neighborhoods.
Location
State CA
County Orange
Zoning Assessor
Direction From E Santa Clara ave, west side of 55 Frwy, south corner lot of N.Ponderosa st.
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 39628148
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional

Listed by David Lee, DRE#01320447 eXp Realty of California Inc
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