3117 Pearl Drive, Fullerton, CA 92831 - Photo 1

1/1

$1,375,000

Sold
Closed
Multi-Family
8 Total Beds
6 Car Garage

1/1

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.

Full Property Details

Full Property Details for 3117 Pearl Dr

General

Sold For: $1,375,000
Status: Closed
Type: Multi-Family
Source: MRMLS
MLS ID: PW25167932
Added to Site: 190 day(s) ago

Interior

Rooms/Areas: Kitchen, Living Room, Primary Bathroom, Primary Bedroom
Interior Features: 2 Staircases
Fireplace(s): None

Rooms

Bathrooms

Total Bathrooms: 8
Full Bathrooms: 8

Bedrooms

Total Bedrooms: 8

Other Rooms

Laundry: Common Area, Community

Additional Information

Pool Description: None

Parking

Garage: Yes
Garage Spaces: 6

Location

County: Orange
Subdivision: Other (OTHR)
Driving Directions: From State College Blvd, turn onto East Pearl Dr. Property is located near Cal State Fullerton and Pearl Park

School Information

School District: Fullerton Joint Union High

Community

Community Features: Curbs, Foothills, Gutters, Park, Sidewalks, Storm Drains, Street Lights, Suburban

Heating & Cooling

Cooling Type: Wall/Window Unit(s)

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Structure Type: Quadruplex
Common Walls: 2 Common Walls (or More)
Entry Location: Pearl Dr
Stories/Levels: Two
Stories Description: Two
Square Feet: 3,820
Sq. Ft. Source: Assessor
Year Built: 1964
Year Built Source: Public Records

Lot Features

Property View: None
Lot Size (Acres): 0.201
Lot Size Source: Assessor
Zoning: R3
Lot Description: 0-1 Unit/Acre

Financial Considerations

Price Per Sq. Ft.: $359.95

Disclosures and Reports

Special Conditions: Standard

Listed and Sold by Erik Michael Ransdell, Broker, Erik Ransdell

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Listing agent

— 3117 Pearl Dr —

Erik Ransdell

Erik Michael Ransdell, Broker

714-392-6380

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NMLS#: 1598647

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Schools

Schools serving 3117 Pearl Dr

School District:Placentia-Yorba Linda Unified School District

Name	Grades	Distance
Topaz Elementary School 3232 Topaz Lane, Fullerton, CA 92831	K-6	0.2 mi
Col. J. K. Tuffree Middle School 2151 North Kraemer Boulevard, Placentia, CA 92870	7-8	1.1 mi
El Dorado High School 1651 Valencia Avenue, Placentia, CA 92870	9-12	1.1 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3117 Pearl Dr

Date

Details

Price

Change

Source

12/03/2025

Sold

$1,375,000

-15.64%

MLS

7/25/2025

Listed

$1,630,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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3117 Pearl Drive, Fullerton, CA 92831 (MLS# PW25167932) is a Multi-Family property that was sold at $1,375,000 on December 03, 2025. Want to learn more about 3117 Pearl Drive? Do you have questions about finding other Multi-Family real estate for sale in Fullerton? You can browse all Fullerton real estate or contact a Coldwell Banker agent to request more information.

3117 Pearl Dr Fullerton, CA 92831