2422 Ponderosa Street, Santa Ana, CA 92705

$1,595,000
List Price
$1,595,000
Status
ACTIVE
MLS#
OC22242016
Year Built
1969
Lot Size
6,970
Acres
0.16
Lot Location
Landscaped
Days on Market
72
Property Type
Multifamily
Property Sub Type
Quadruplex
Stories
Two Levels

Property Description

PRICED TO SELL- MAJOR REDUCTION - FIRST TIME ON THE MARKET IN 25 + YEARS. This 4- plex is located in a very desirable area close to shopping at 17th / Tustin & freeway close to both the 55 & 22 Freeway. The property has 1- 3bedroom / 1 3/4-bathroom single level unit, 2 - 2 BD/ 2 Bathroom units and one 1-bedroom unit. All units have single car garages and patios/ balconies for outside living. This property is unique in that it has three open parking spaces allowing 2 designated spaces for 3 of the 4 units. On-site laundry provided for the residents plus allowing an owner additional income. Rent increases have been issued for three of the 4 units for December 2022.

Additional Information

Pool Description
None
Fireplace Description
See Remarks
Roof
Asbestos Shingle
Garage Spaces Total
4
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$86,484
Operating Expense
9999999

Listing courtesy of Listing Agent: Laura Henshall (laura@cfginvestments.com) from Listing Office: CFG Investments.

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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. 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, 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.