3117 Pearl DR new Save Request In-Person Tour Request Virtual Tour
Fullerton,CA 92831
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,820 sqft
Price per Sqft $426
MLS Listing ID PW25167932
Bedrooms 8
Full Baths 8
Year Built 1964
Lot Size 8,755 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
Cooling Wall/Window Unit(s)
Fireplaces Type None
Laundry Common Area
Exterior
Garage Spaces 6.0
Garage Description 6.0
Pool None
Community Features Curbs,Foothills,Gutter(s),Park,Storm Drain(s),Street Lights,Suburban,Sidewalks
View Y/N No
View None
Building
Lot Description 0-1 Unit/Acre
Dwelling Type Quadruplex
Story 2
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Fullerton Joint Union High
Others
Acceptable Financing Conventional,Contract
Listing Terms Conventional,Contract
Special Listing Condition Standard