Bought with Erik Ransdell • Erik Michael Ransdell, Broker
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Key Details
Sold Price $1,375,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 3,820 sqft
Price per Sqft $359
MLS Listing ID CRPW25167932
Sold Date 12/03/25
Bedrooms 8
Full Baths 8
HOA Y/N No
Year Built 1964
Lot Size 8,756 Sqft
Property Sub-Type Detached
Source Datashare California Regional
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.
Location
State CA
County Orange
Interior
Cooling Wall/Window Unit(s)
Fireplaces Type None
Fireplace No
Laundry Other, Common Area
Exterior
Garage Spaces 6.0
Pool None
View None
Private Pool false
Building
Lot Description Street Light(s), Storm Drain
Story 2
Water Public
Schools
School District Fullerton Joint Union High
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