2229 Ponderosa,Santa Ana, CA 92705
Santa Ana, CA 92705
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.
Details
| MLS # | OC26097142 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1976 |
| Days On Site | 138 |
| Listing Provided By | eXp Realty of California Inc | David Lee |
Features
| SQ Feet | 2,283 |
|---|---|
| Garage | 3 |
| Story(s) | 1 |
| Units | 2 |
| Building(s) | 2 |
| Acreage | 0.14 |
| Property View | None |
Interior
| Cooling | Central Air |
|---|---|
| Heating | Central |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Appliances | Electric Oven, Electric Range |
| Fireplace Yes / No | Yes |
Exterior
| Roof | Shingle |
|---|---|
| Security Features | Smoke Detectors |
| Foundation Details | Slab |
| Lot Features | Two To Five Units Acre |
Parking
| Parking Features | Assigned, Driveway |
|---|---|
| Garage Yes / No | Yes |
Utilities
| Utilities | Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Water Available, Water Connected |
|---|---|
| Sewer | Public Sewer |
Location
| Community Features | Curbs, Street Lights, Sidewalks |
|---|
Area Information
| State | CA |
|---|---|
| County | Orange |
| City | Santa Ana |
| Zip Code | 92705 |
| Area | 70 Santa Ana North of First |
| Listing VS Median (in NA) | |
Price: $1,270,000 low | high Med: $2,870,000 sqft: 2,283 low | high Med: 6,046 $ / sqft: $556 low | high Med: $475 On site: 138 low | high Med: 99 | |
Market Activity 92705
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Learn More About This Property
| State | CA |
|---|---|
| County | Orange |
| City | Santa Ana |
| Zip Code | 92705 |
| Area | 70 Santa Ana North of First |
| Listing VS Median (in NA) | |
Price: $1,270,000 low | high Med: $2,870,000 sqft: 2,283 low | high Med: 6,046 $ / sqft: $556 low | high Med: $475 On site: 138 low | high Med: 99 | |