$1,630,000

Estimated payment $10,315/month

Total Views 5,936
8 Beds
8 Baths
3,820 Sq Ft
$427 Price per Sq Ft

Highlights

  • Dual Staircase
  • No HOA
  • Living Room
  • Col. J. K. Tuffree Middle School Rated A
  • Cooling System Mounted To A Wall/Window
  • 1-minute walk to Pearl Park

About This Home

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.

Listing Agent

Erik Ransdell

Erik Michael Ransdell, Broker Brokerage Phone: 714-392-6380 License #02077589 Listed on: 07/25/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 8,756 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 6 Car Garage

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 3,820 Sq Ft Home
  • 2-Story Property
  • Dual Staircase
  • Living Room
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Main Level Bedrooms
  • 8 Full Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Additional Features

  • Suburban Location
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 5120
  • Assessor Parcel Number 33923203
  • $1,075 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Foothills

Amenities

  • Laundry Facilities

Recreation

  • Park

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Parking

6

Listing Details

  • Structure Type: Quadruplex
  • Assessments: No
  • Property Attached: Yes
  • View: No
  • Zoning: R3
  • Property Sub Type: Quadruplex
  • Property Type: Residential
  • Parcel Number: 33923203
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 3820.00 Square Feet
  • Interior Amenities: 2 Staircases
  • Stories: 2
  • Entry Location: Pearl Dr
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 8
  • Full And Three Quarter Bathrooms: 8
  • Total Bedrooms: 8
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 8
  • Main Level Bedrooms: 8
  • Price Per Square Foot: 426.70
  • Room Type: Kitchen, Living Room, Primary Bathroom, Primary Bedroom

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area, Community
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Foothills, Gutters, Park, Sidewalks, Storm Drains, Street Lights, Suburban

Schools

  • School District: Fullerton Joint Union High

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8756.00
  • Lot Size Acres: 0.2010
  • Latitude Manual: 33.88558500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8756.0000 Square Feet
  • Number Of Units Total: 4

Tax Info

  • Tax Census Tract: 117.11
  • Tax Lot: 15
  • Tax Tract Number: 5120
  • TaxOtherAnnualAssessmentAmount: 1075.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2025 07/25/25 For Sale $1,630,000 -- $427 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25167932

California Regional Multiple Listing Service (CRMLS)

APN: 339-232-03