3117 Pearl Drive, Fullerton, CA 92831

About this fourplex

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.

Listing description from the December 2025 sale, as reported to CRMLS.

Sale history

$1,375,000

Sold December 2025 · listed $1,630,000, on market July 2025 · MLS #PW25167932 · Source: CRMLS

Listing Agent: Erik Ransdell · Listing Office: Erik Michael Ransdell, Broker · Contact: 714-392-6380 · Bought with: Erik Ransdell · Erik Michael Ransdell, Broker

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