About 2229 Ponderosa
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.
Features of 2229 Ponderosa
| MLS® # | OC26097142 |
|---|---|
| Price | $1,270,000 |
| Bedrooms | 5 |
| Bathrooms | 4.00 |
| Acres | 0.14 |
| Year Built | 1976 |
| Type | Residential Income |
| Sub-Type | Duplex |
| Status | Active |
Community Information
| Address | 2229 Ponderosa |
|---|---|
| Area | 70 - Santa Ana North of First |
| Subdivision | NA |
| City | Santa Ana |
| County | Orange |
| Zip Code | 92705 |
Amenities
| Utilities | Electricity Connected, Natural Gas Connected, Water Connected, Electricity Available, Natural Gas Available, Sewer Available, Water Available |
|---|---|
| Parking Spaces | 3 |
| Parking | Assigned, Driveway |
| # of Garages | 3 |
| Garages | Assigned, Driveway |
| View | None |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Appliances | Electric Oven, Electric Range |
|---|---|
| Heating | Central |
| Cooling | Central Air |
| Has Basement | No |
| Fireplace | Yes |
| Fireplaces | Living Room |
| # of Stories | 2 |
| Stories | One, Two |
Exterior
| Lot Description | TwoToFiveUnitsAcre |
|---|---|
| Roof | Shingle |
| Foundation | Slab |
Additional Information
| Date Listed | May 2nd, 2026 |
|---|---|
| Days on Market | 128 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | David Lee |
|---|---|
| Office | eXp Realty of California Inc |