3117 Pearl Drive, Fullerton, CA 92831

$1,375,000
8
BD
8
BA
3,820
SqFt

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Sold Price
$1,375,000
List Price
$1,630,000
Closing Date
Dec 03, 2025
Status
CLOSED
MLS#
PW25167932
Year Built
1964
Bedrooms
8
Bathrooms
8
Living Sq. Ft
3,820
Lot Size
8,756
Acres
0.20
Lot Location
0-1 Unit/Acre
Days on Market
106
Property Type
Multifamily
Property Sub Type
Quadruplex
Stories
Two Levels
Neighborhood
N/A

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.

Additional Information

Pool Description
None
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
View
None
Garage Spaces Total
6
Sewer
Public Sewer
Water
Public
School District
Fullerton Joint Union High
Interior Features
Multiple Staircases
Attached Structure
Attached
Number Of Units Total
4

Listing courtesy of Listing Agent: Erik Ransdell (erik.ransdell@strandsrealtygroup.com) from Listing Office: Erik Michael Ransdell, Broker.

Listing sold by Erik Ransdell from Erik Michael Ransdell, Broker

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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.