$1,325,000
825 S Shelton StreetSanta Ana, CA 92703Santa Ana
2229 Ponderosa, Santa Ana, CA 92705
- 2,283 sq ft
- Built 1976
$1,270,000
The home
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.
Property details for 2229 Ponderosa
This duplex sits in Santa Ana in Orange County. It offers 2,283 square feet of living space and is listed at $1,270,000, about $556 per square foot. The home was built in 1976. The MLS record lists the assessor parcel number as 396-281-48. Highlights include a fireplace, single-story living, a three-car garage, and central air. The detail sections on this page cover interior and exterior features, estimated taxes, HOA dues where they apply, and the map location.
Specifications
Home Details
At a glance
- Price
- $1,270,000
- Days On Site
- 153 Days
- Bedrooms
- N/A
- Inside Area (SqFt)
- 2,283 sqft
- Total Baths
- N/A
- Full Baths
- N/A
- Partial Baths
- N/A
- Lot Size
- N/A
- Year Built
- 1976
- MLS® Number
- OC26097142
- Status
- Pending
- Property Tax
- N/A
- HOA/Condo/Coop Fees
- N/A
- Sq Ft Source
- N/A
General Features
- Property Type
- Duplex
- MLS Number
- OC26097142
- Year Built
- 1976
- Lot Size (sq ft)
- 6,098
- Lot Size (acres)
- 0.14
- Levels
- One, Two
- Garage Spaces
- 3
- Parking Spaces
- 3
- View
- None
- Parcel Number
- 39628148
- On Market Date
- 2026-05-04
- Listing Terms
- Standard
Interior Features
- Appliances
- Electric Oven, Electric Range
- Heating
- Central
- Cooling
- Central Air
- Fireplace
- Living Room
- Laundry
- In Garage
- Entry Level
- 1
- Common Walls
- One Common Wall
Exterior Features
- Roof
- Shingle
- Foundation
- Slab
- Lot Features
- Two To Five Units Acre
- Parking
- Assigned, Driveway
- Pool Features
- None
- Spa
- None
- Sewer
- Public Sewer
- Water
- Public
- Utilities
- Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Water Available, Water Connected
- Units
- 2
Community Features
- Subdivision
- NA
- Community Features
- Curbs, Street Lights, Sidewalks
- Security
- Smoke Detectors
The record
Property History for 2229 Ponderosa
| Date | Event | Price | Note |
|---|---|---|---|
| May 4, 2026 | Listed for sale | $1,270,000 |
Cost of ownership
Estimated monthly payment
7.03% · 30-yr fixed$
$9,679/mo
10% down · 30-year fixed · $127,000 down
Principal & interest$7,627
Mortgage insurance (est., over 80% LTV)$476
Property tax (est. county typical)$1,206
Home insurance (rough est., varies widely)$370
HOANot reported, not included
$8,356/mo
20% down · 30-year fixed · $254,000 down
Principal & interest$6,780
Property tax (est. county typical)$1,206
Home insurance (rough est., varies widely)$370
HOANot reported, not included
$7,508/mo
30% down · 30-year fixed · $381,000 down
Principal & interest$5,932
Property tax (est. county typical)$1,206
Home insurance (rough est., varies widely)$370
HOANot reported, not included
Estimated carrying cost
$1,576/mo
All cash · taxes and insurance only
Principal & interestNone (cash purchase)
Property tax (est. county typical)$1,206
Home insurance (rough est., varies widely)$370
HOANot reported, not included
Estimate only, not a loan offer or quote. Principal and interest use the Freddie Mac 30-year fixed average of 7.03% (week of Sep 24, 2026); your rate will differ. A loan this size is typically a jumbo loan, which prices differently. Tax and insurance are modelled, not billed amounts; tax uses a typical Orange County rate. Verify all figures. Full assumptions and disclosures.
Next steps
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Location
Location
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Listed by David Lee of eXp Realty of California Inc
Listing information updated Sep 19, 2026 at 10:22 AM PT. Source: CRMLS.
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.