# 2229 Ponderosa, Santa Ana, CA 92705

> **TL;DR:** 5bd/4ba multi-family, $1,270,000 ($556/sqft), built 1976, 2,283 sqft.
> View. Est. $5,503/mo. Listed 28 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,270,000 |
| Price/sqft | $556 |
| Bedrooms | 5 |
| Bathrooms | 4 full |
| Square Feet | 2,283 |
| Year Built | 1976 |
| Lot Size | 6,098 sqft (0.14 acres) |
| Stories | 2 |
| Property Type | Multi-Family (Duplex) |
| Status | For Sale |
| Days on Market | 28 |

## Why This Home Stands Out

- **Views** - None

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $5,503 |
| **Total** | **$5,503** |

## Key Amenities

- View

## Property Highlights

- Built in 1976
- 0.14 acre lot
- 2 stories
- 3 parking spaces

## Description

### Agent 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

- **Address:** 2229 Ponderosa, Santa Ana, CA 92705
- **County:** Orange
- **Neighborhood:** Other (OTHR)

## Listing Agent

- **Name:** David Lee
- **Brokerage:** eXp Realty of California Inc
- **Phone:** 9493107773
- **Email:** davidleere@gmail.com

## Primary Photo

![2229 Ponderosa - Primary Photo](http://lh.rdcpix.com/4496e40e356185bc0b1c8b88b9f5b69el-f2130210833r.jpg)

*10 total photos available on [listing page](https://www.propertysimple.com/listing/2229-ponderosa-santa-ana-ca-92705-26097142)*

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**MLS#:** OC26097142 | **Updated:** 2026-06-19
**Source:** listhub

*Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/2229-ponderosa-santa-ana-ca-92705-26097142)

---

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