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$ 1,630,000
Est. payment | /mo
8 Beds
8 Baths
3,820 SqFt
$ 1,630,000
Est. payment | /mo
8 Beds
8 Baths
3,820 SqFt
Key Details
Property Type Multi-Family
Sub Type All Other Attached
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
Property Sub-Type All Other Attached
Property Description
Strands Realty Group is pleased to present 3117 Pearl Drive, a fully occupied fourplex located in one of Fullertons 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 completedleaving 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
Zoning R3
Direction From State College Blvd, turn onto East Pearl Dr. Property is located near Cal State Fullerton and Pearl Park
Interior
Interior Features 2 Staircases
Cooling Wall/Window
Fireplace No
Exterior
Garage Spaces 6.0
View Y/N Yes
Water Access Desc Public
Building
Story 2
Sewer Public Sewer
Water Public
Level or Stories 2
Others
Tax ID 33923203
Special Listing Condition Standard
Listed by Erik Ransdell Erik Michael Ransdell, Broker