$1,270,000

2229 Ponderosa, Santa Ana, CA 92705

2,283 sqft

Duplex
Built in 1976
6,098sqft lot
3 car garage
$556/sqft
Listed 18 days ago

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.

Listing Status:: Active
Date Added:: May 4, 2026
Data Last Updated:: May 20, 2026 at 7:16AM
Listing Office:: eXp Realty of California Inc : 888-584-9427
Listing Agent:: David Lee : 9493107773
MLS ID:: OC26097142

Appliances: Electric OvenElectric Range
Laundry: In Garage
A/C: Central Air
Heating: Central
Fireplace: Living RoomFireplace

General: None
Pool: None
Parking: AssignedDrivewayParking spaces: 3

Roofing: Shingle
General: 1Slab

HOA Amenities: 0.0
Originating MLS: CRMLS_CRM
County: Orange

Zoning: 39628148
View: None

Utilities: Electricity AvailableElectricity ConnectedNatural Gas AvailableNatural Gas ConnectedSewer AvailableWater AvailableWater Connected
Water: Public
Sewer: Public Sewer

Source: CRMLS_CRM

This listing courtesy of David Lee , eXp Realty of California Inc

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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