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3117 Pearl Dr, Fullerton, CA 92831

List Price: $1,630,000On Market FlagOn market
Jul 25, 20253,820 sqft8 beds8 baths
Listed by: Erik Ransdell
License #: 02077589
Phone #: 714-392-6380
Erik Michael Ransdell, Broker
Source:
CRMLS Logo
MLS #: PW25167932

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.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$21,078

TurboHome Estimated Value

$1,517,600

$397 sqft

High Valuation
$1,593,480
$417/sqft
Normal Valuation
$1,517,600
$397/sqft
Low Valuation
$1,441,720
$377/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$397/sqft$1,517,600

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