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For sale
    • Listed by: eXp Realty of California Inc • David Lee • Contact: 949-310-7773
    $1,270,000

    2229 Ponderosa St, Santa Ana, CA 92705

    5beds
    4baths
    2,283sqft
    : 
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    Duplex
    Built in 1976
    -- sqft lot
    $-- Zestimate®
    $556/sqft
    $-- HOA

    What's special

    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.
    79 days
    |
    593
    |
    19
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    David Lee DRE #01320447 949-310-7773,

    eXp Realty of California Inc

    Source: CRMLS,MLS#: OC26097142MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 4
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Electric Oven, Electric Range
      • Laundry: In Garage
      Features
      • Has fireplace: Yes
      • Fireplace features: Living Room
      • Common walls with other units/homes: 1 Common Wall
      Interior area
      • Total structure area: 2,283
      • Total interior livable area: 2,283 sqft

      Property

      Parking
      • Total spaces: 3
      • Parking features: Assigned, Driveway
      • Garage spaces: 3
      Features
      • Levels: One,Two
      • Stories: 1
      • Entry location: Ground
      • Pool features: None
      • Spa features: None
      • Has view: Yes
      • View description: None
      Lot
      • Size: 6,098 Square Feet
      • Features: 2-5 Units/Acre
      Details
      • Parcel number: 39628148
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Duplex
      • Attached to another structure: Yes
      Materials
      • Foundation: Slab
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1976

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Water Available, Water Connected

      Community & HOA

      Community
      • Features: Curbs, Street Lights, Sidewalks
      • Security: Smoke Detector(s)
      • Subdivision: Na
      Location
      • Region: Santa Ana

      Financial & listing details

      • Price per square foot: $556/sqft
      • Tax assessed value: $352,200
      • Annual tax amount: $4,404
      • Date on market: 5/4/2026
      • Cumulative days on market: 79 days
      • Listing terms: Cash,Cash to New Loan,Conventional
      • Total actual rent: 67200
      • Tenant pays: Electricity, Gas

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $4,794/mo

        Price history

        DateEventPrice
        5/5/2026Listed for sale$1,270,000$556/sqft
        Source: CRMLS #OC26097142 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,404 +4.4%$352,200 +2%
        2024$4,218 +2.4%$345,295 +2%
        2023$4,120 +1.5%$338,525 +2%
        2022$4,060 +2%$331,888 +2%
        2021$3,980 +0.6%$325,381 +1%
        2020$3,958 $322,045 +2%
        2019$3,958 +2.3%$315,731 +2%
        2018$3,867 +3.4%$309,541 +2%
        2017$3,739 $303,472 +2%
        2016$3,739 +1.8%$297,522 +1.5%
        2015$3,673 +3.6%$293,053 +2%
        2014$3,545 $287,313 +0.5%
        2013-- $286,015 +2%
        2012-- $280,407 +2%
        2011-- $274,909 +0.8%
        2010-- $272,855 -0.2%
        2009-- $273,504 +2%
        2008-- $268,142 +2%
        2007-- $262,885 +2%
        2006-- $257,731 +2%
        2005-- $252,678 +2%
        2004-- $247,724 +1.9%
        2003-- $243,184 +2%
        2002-- $238,416 +2%
        2001$2,482 +2.2%$233,742 +2%
        2000$2,429 $229,159
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 92705

        Getting around

        77 / 100
        Very Walkable
        24 / 100
        Minimal Transit
        54 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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