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2422 Ponderosa St, Santa Ana, CA 92705
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2422 Ponderosa St Santa Ana, CA 92705

$1,550,000 Sold Price as of 04/07/2023
  • 8 Beds
  • 6.25 Baths
  • 4,109 Sq.Ft.
Sold
$1,550,000 Sold Price as of 04/07/2023 Refinance Your Mortgage
Map preview of 2422 Ponderosa St, Santa Ana, CA 92705

Property Overview: 2422 Ponderosa St Santa Ana, CA has 8 bedrooms, 6.25 bathrooms, 4,109 living square feet and 6,970 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 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.

Listed by Laura Henshall | BRE #01091181 | CFG Investments
Last checked: 7 minutes ago | Last updated: April 8th, 2023 | Source CRMLS | DOM: 91

Home details

Lot Sq. Ft
6,970
HOA Dues
$0/mo
Year built
1969
Garage
4 Car
Property Type:
Fourplex
Status
Sold
MLS#
OC22242016
City
Santa Ana
County
Orange
Time on Site
526 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 5
  • # of Gas Meters: 5
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,508
  • Total Rent: $1,508
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,854
  • Total Rent: $1,854
  • Pro Forma/Market Rent: $2,600
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,275
  • Total Rent: $2,275
  • Pro Forma/Market Rent: $2,275
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,570
  • Total Rent: $1,570
  • Pro Forma/Market Rent: $1,625
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $86,484
  • Net Operating Income: $84,780
  • Gross Operating Income: $9,999,999
  • # of Rented Garages: 0
  • Garage Rental Rate: $0
  • Garage Rental Income: $0
  • Laundry Income: $1,169
  • Laundry Own/Lease: Lease
Annual Expense Breakdown
  • Total Operating Expense: $9,999,999
  • Electric: $393
  • Gas/Fuel: $1,237
  • New Taxes: $17,530
  • Trash: $2,007
  • Cable TV: $0
  • Gardener: $1,797
  • Insurance: $1,900
  • Water/Sewer: $2,004

Property Details for 2422 Ponderosa St

Interior Features
Laundry Information
  • Has Laundry
  • Community
Fireplace Information
  • Has Fireplace
  • See Remarks
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: Asbestos Shingle
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 7
  • Has Parking
  • Parking Features: Garage - Single Door
Lot Information
  • Lot Features: Landscaped
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 39613105
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: Heading north on Tustin Avenue from 17th turn right on to Franzen and then a quick left on to PONDEROSA.
Neighborhood Information
  • Community Features: Suburban
View more facts & features

Local Santa Ana Agent

Sale History for 2422 Ponderosa St

Last sold for $1,550,000 on April 7th, 2023

  • April, 2023

  • Apr 7, 2023

    Date

    Sold

    CRMLS: OC22242016

    $1,550,000

    Price

  • Nov 15, 2022

    Date

    Active

    CRMLS: OC22242016

    $1,595,000

    Price

  • July, 2022

  • Jul 5, 2022

    Date

    Canceled

    CRMLS: OC22120428

    $1,550,000

    Price

  • Jun 5, 2022

    Date

    Active

    CRMLS: OC22120428

    $1,695,000

    Price

  • Listing provided courtesy of CRMLS

    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.

  • December, 1996

  • Dec 24, 1996

    Date

    Sold (Public Records)

    Public Records

    $280,000

    Price

Show More

Tax History for 2422 Ponderosa St

Assessed Value (2020): $416,978
Year Land Value Improved Value Assessed Value
2020 $218,528 $198,450 $416,978

Home Value Compared to the Market

This property vs the competition

2422 Ponderosa St sold on April 7, 2023 for 110% higher than the current median sold price for the city of Santa Ana which is $750,000. The median sold price per/sqft for Santa Ana is $561 and this home is sold at $383.3 per/sqft which puts the price per square foot 31.67% lower than the current median sale per square foot for the city of Santa Ana.

About 2422 Ponderosa St

Detailed summary of property

2422 Ponderosa St is a fourplex that recently sold in Santa Ana, CA 92705. This fourplex offered 8 bedrooms, 6.25 bathrooms, roughly 4,109 living square feet, and sits on an approximately 6,970 square foot lot. 2422 Ponderosa St was first listed on ArdentRealEstateGroup.com on November 15, 2022. The homeowner sold the property for $1,550,000. Home in Santa Ana are selling for a median price of $750,000 and a median price per square foot of $561. Based on Ardent Real Estate Group's Santa Ana Market Data, this home is sold 110% higher than the current median priced home. Local homes that are currently for sale include 221 N Clementine St, 403 N N Harbor Blvd and 938 S Gilbuck Dr. While the average home in Santa Ana, CA is selling in 47 days, 2422 Ponderosa St has a days on market of 91 days. There are currently 228 homes for sale in the Santa Ana real estate market and 126 of them are single family homes while 92 of them are condos and 9 are townhomes. For more information on this home for sale at 2422 Ponderosa St Santa Ana, CA 92705 contact Ardent Real Estate Group and we will put you in touch with one of our Santa Ana agents.

Public Facts for 2422 Ponderosa St

Public county record property details
Beds
--
Baths
--
Year built
1969
Sq. Ft.
4,109
Lot Size
7,242
Stories
2
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
4
APN
396-131-05

The source for these homes facts are from public records.

92705 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,695,000
Median List Price/Sq.Ft.
$657
Median Sold Price
$1,400,000
Median Sold Price/Sq.Ft.
$655
Total Inventory
73
Median Sale to List Price %
88.89%
Avg Days on Market
71
Loan Type
Conventional (45.83%), FHA (8.33%), VA (0%), Cash (29.17%), Other (12.5%)

Thinking of Selling?

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.

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