2229 Ponderosa

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2229 Ponderosa

Santa Ana, CA 92705
Asking Price
$1.27M
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building located in Santa Ana
  • Asset includes two total residential units
  • Offered for sale at $1,270,000
  • Situated within the Orange County housing market
  • Property sits at coordinates 33.7669, -117.8339

What's Special

Santa Ana serves as a central hub within Orange County, characterized by a diverse residential landscape and consistent demand for rental housing. Positioned near major arterial routes, this multifamily apartment building at 2229 Ponderosa provides a stable asset class for investors looking to gain a foothold in this competitive Southern California market. The property consists of two distinct residential units. This configuration offers utility for both long-term rental hold strategies and owner-occupant scenarios, where one might reside in a unit while leasing the second. As the surrounding region continues to benefit from its proximity to regional employment centers and infrastructure, small-scale multifamily holdings remain a primary vehicle for capital preservation and yield generation. The current asking price of $1,270,000 reflects the market conditions for income-producing residential assets in this urban environment.

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NOI
$80,000
Cap Rate
6.30%
DSCR
1.06
Tight
Cash-on-Cash
1.21%
Monthly Payment
$6,283.267
Annual Cash Flow
$4,600.795

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