3117 Pearl Dr Fullerton, CA 92831
Cal State Fullerton NeighborhoodEstimated payment $10,315/month
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 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
Map
Home Values in the Area
Average Home Value in this Area
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)
MLS Number: PW25167932

APN: 339-232-03
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