3117 Pearl Drive, Fullerton, CA 92831

8 beds 8 baths 8,756 sq.ft.

Offerered at: $1,630,000.00

Project/Tract: N/A
County: Orange
Year Built: 1964
Association Fees: $0.00/mo.

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.

ESSENTIAL INFO

  • Status: Active
  • School District: Fullerton Joint Union High