2229 Ponderosa, Santa Ana, CA 92705
2229 Ponderosa, Santa Ana, CA 92705
2229 Ponderosa, Santa Ana, CA 92705
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Ernie Caponera

Ernie Caponera

+1(714) 606-0926
$1,270,000
Est. payment /mo
6,098 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Na

MLS Listing ID OC26097142

HOA Y/N No

Year Built 1976

Lot Size 6,098 Sqft

Property Sub-Type Duplex

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.

Location

State CA

County Orange

Area 70 - Santa Ana North Of First

Interior

Heating Central

Cooling Central Air

Fireplaces Type Living Room

Fireplace Yes

Appliance Electric Oven, Electric Range

Laundry In Garage

Exterior

Parking Features Assigned, Driveway

Garage Spaces 3.0

Garage Description 3.0

Pool None

Community Features Curbs, Street Lights, Sidewalks

Utilities Available Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Water Available, Water Connected

View Y/N No

View None

Roof Type Shingle

Total Parking Spaces 3

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 2

Entry Level One,Two

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories One, Two

New Construction No

Others

Senior Community No

Tax ID 39628148

Security Features Smoke Detector(s)

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard

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Listed by David Lee eXp Realty of California Inc 949-310-7773, DRE #01320447

Nearby Locations

Ernie Caponera

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(714) 606-0926

ernie@newport-properties.com

2747 E COAST HWY Unit 200, CORONA DEL MAR, California 92625, USA

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