3124 Pearl Dr Fullerton, CA 92831
Cal State Fullerton NeighborhoodEstimated payment $10,378/month
Highlights
- Laundry Room
- Col. J. K. Tuffree Middle School Rated A
- 1-minute walk to Pearl Park
About This Home
The subject property features an extremely desirable unit mix comprised exclusively of two bedroom and two bath units totaling 3,820 square feet on a large, 8,744 square foot lot. 3124 Pearl Drive provides residents with amenities such as on-site laundry, six (6) garage parking spaces and one (1) surface space, private patios/balconies and walking distance to Pearl Park which features a playground, barbecue pits and picnic tables for residents to enjoy a nice outing.
3124 Pearl Drive also benefits from its strong location within the Fullerton sub-market being located near multiple shopping centers providing residents an abundance of shopping, entertainment, and dining options. The subject property is also located near a number of education institutions such as Kraemer Middle School, Valencia High School and Cal State Fullerton. Taking into consideration the subject property’s strong in-place rental income and 18% upside in rents, 3124 Pearl Drive offers a new owner an appealing opportunity to take advantage of the strong rental demand in the city of Fullerton.
Listing Agent
Kirklen Investment Group Brokerage Phone: 949-942-1302 License #01939655 Listed on: 03/26/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1964
Lot Details
- 8,744 Sq Ft Lot
- 1 Common Wall
- Density is 6-10 Units/Acre
Parking
- 1 Open Parking Space
- 6 Car Garage
- Parking Available
- Assigned Parking
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 3,820 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Outdoor Features
- Rain Gutters
Listing and Financial Details
- Tax Lot 32
- Tax Tract Number 5120
- Assessor Parcel Number 33923305
- $1,075 per year additional tax assessments
Community Details
Building Details
- Rent Control
- 4 Separate Electric Meters
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Electric Expense $707
- Fuel Expense $1,916
- Gardener Expense $1,750
- Insurance Expense $4,317
- Maintenance Expense $4,492
- Supplies Expense $500
- Trash Expense $1,056
- Water Sewer Expense $2,102
- New Taxes Expense $18,433
- Operating Expense $35,274
- Gross Income $99,094
- Net Operating Income $63,820
Additional Features
- 4 Units
- Laundry Facilities
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/10/2025 07/10/25 | Price Changed | $1,640,000 | -1.5% | $429 / Sq Ft |
| 03/26/2025 03/26/25 | For Sale | $1,665,000 | 0.0% | $436 / Sq Ft |
| 03/10/2019 03/10/19 | Rented | $2,050 | +5.1% | -- |
| 03/03/2019 03/03/19 | Off Market | $1,950 | -- | -- |
| 02/19/2019 02/19/19 | For Rent | $1,950 | 0.0% | -- |
| 11/26/2018 11/26/18 | Sold | $1,123,000 | -2.3% | $295 / Sq Ft |
| 09/18/2018 09/18/18 | For Sale | $1,150,000 | -- | $302 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25065860
APN: 339-233-05
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