3117 Pearl Dr - Apartments FOR SALE


Fullerton, CA 92831
$1,630,000 USD
631-921-8158
3117 Pearl Dr, Fullerton, CA for Sale
$1,630,000 USD
Apartments - FOR SALE
1/21
null | Request Cap Rate

3117 Pearl Dr
Fullerton, CA 92831


HIGHLIGHTS

  • Spacious 2 Bed / 2 Bath Units
  • All Units on Month-to-Month Leases
  • 44%+ Rental Upside
  • Clear Value-Add Opportunity
  • Six Private Garages
  • Close Proximity to Cal State Fullerton

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,630,000 USD

PRICE/SF

$427 USD /SF

# OF UNITS

4

PRICE/UNIT

$407,500

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,756 SF

ZONING

-

APN/PARCEL ID

339-232-03

ASK ABOUT THIS PROPERTY

Anthony AnnunziataStrands Realty GroupMore Info
631-921-8158

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Anthony AnnunziataStrands Realty GroupMore Info
631-921-8158

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.