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Stacey Alysson Melman

2229 Ponderosa
Santa Ana, CA, 92705
$1,270,000
Beds
0 Baths
0 SqFt
0.14 Acres
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MLS #OC26097142 image #0
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.
AGENT: David Lee
LISTING BROKERAGE: eXp Realty of California Inc
2229 Ponderosa
Santa Ana, CA

Property Details

Price:
$1,270,000
MLS #:
OC26097142
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Duplex
Neighborhood:
70santaananorthoffirst
Listed Date:
May 4, 2026
Total Sq Ft:
2,283
Lot Size:
6,098 sqft / 0.14 acres (approx)
Year Built:
1976
70 – Santa Ana North Of First70santaananorthoffirstNone
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Schools

Interior

Appliances
EO, ER
Cooling
CA
Heating
CF
Laundry Features
IG
Levels
A, U

Exterior

Common Walls
_1CW
Community Features
SDW, SL, CRB
Garage Spaces
3
Parking Spots
3
Parking Total
3
Roof
SHN
Security Features
SD
Spa Features
NO
View
NO

Financial

Net Operating Income
$57,919

Map

Community

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