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Listed by Erik Ransdell • Erik Michael Ransdell, Broker
$ 1,630,000
Est. payment /mo
New
3117 Pearl Drive Fullerton, CA 92831
8 Beds
8 Baths
3,820 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,820 sqft
Price per Sqft $426
MLS Listing ID PW-25167932
Bedrooms 8
Full Baths 8
Year Built 1964
Lot Size 8,756 Sqft
Property Sub-Type Quadruplex
Property Description
Strands Realty Group is pleased to present 3117 Pearl Drive, a fully occupied fourplex located in one of Fullerton's most sought-after rental markets. Just minutes from Cal State Fullerton, Brea Mall, and the 57 & 91 freeways, this property offers exceptional access to major job centers, top schools, and high-demand amenities. All four units are spacious 2-bedroom, 2-bath layouts with private garage parking and on-site laundry. Each unit is currently leased month-to-month, creating a rare opportunity to raise rents to market quickly. With rents over 44% below market, this is a clear value-add play with immediate upside potential. While the property has been well maintained, no recent renovations have been completed--leaving room for both interior and exterior upgrades to maximize value. This is an ideal investment for operators seeking to reposition a stable asset in a low-vacancy, supply-constrained North Orange County submarket.
Location
State CA
County Orange
Area 83 - Fullerton
Zoning R3
Interior
Interior Features 2 Staircases
Cooling Wall/Window Unit(s)
Fireplaces Type None
Laundry Common Area, Community
Exterior
Garage Spaces 6.0
Pool None
Community Features Curbs, Foothills, Gutters, Park, Sidewalks, Storm Drains, Street Lights, Suburban
View Y/N No
View None
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer