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3124 Pearl Drive Fullerton, CA $ 1,640,000
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$ 1,640,000 Get more info
3124 Pearl Drive
$ 1,640,000
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3124 Pearl Drive

Fullerton, CA, 92831
$ 1,640,000
Baths2.0 Sq 3,820

Monthly Estimate*

$ 10,231

Listed by Kirklen Investment Group
3124 Pearl Drive, Fullerton, CA 92831 - Image 1
3124 Pearl Drive, Fullerton, CA 92831 - Image 2
3124 Pearl Drive, Fullerton, CA 92831 - Image 3
3124 Pearl Drive, Fullerton, CA 92831 - Image 4
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Studio

Multi-Family Home for sale in Fullerton, CA

for $1,640,000 with 2 full baths. This 3,820 square foot home was built in 1964 on a lot size of 0.2007.

The subject property features an extremely desirable unit mix comprised exclusively of two bedroom and two bath units totaling 3,820 square feet on a large, 8,744 square foot lot. 3124 Pearl Drive provides residents with amenities such as on-site laundry, six (6) garage parking spaces and one (1) surface space, private patios/balconies and walking distance to Pearl Park which features a playground, barbecue pits and picnic tables for residents to enjoy a nice outing. 3124 Pearl Drive also benefits from its strong location within the Fullerton sub-market being located near multiple shopping centers providing residents an abundance of shopping, entertainment, and dining options. The subject property is also located near a number of education institutions such as Kraemer Middle School, Valencia High School and Cal State Fullerton. Taking into consideration the subject property’s strong in-place rental income and 18% upside in rents, 3124 Pearl Drive offers a new owner an appealing opportunity to take advantage of the strong rental demand in the city of Fullerton.

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Multi-Family Active

Price

$ 1,640,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.2007

Year Built

1964

Town/City

Fullerton

County/Region

Orange

MLS | Web ID

OC25065860

Days on Market

278
Features
General
Sewer Public Sewer
Garage Spaces 6
Pool Features None
Year Built 1964
Tenant Pays Electricity
Stories Count 2
Levels Two
Property Subtype Quadruplex
Gross Income 99094
Community Features Curbs Gutter(s) Sidewalks
County Orange
Net Operating Income 63820
Operating Expense 35274
Insurance Expense 4317
New Construction false
Property Type Residential Income
MaintenanceExpense 4492
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions 57 North R on Yorba Linda Blvd R on N Placentia Ave
City Fullerton
Entry Location Facing Courtyard
Senior Community Y/N false
Open Parking Spaces 1
Number Of Units Total 4
MLS Area 699 - Not Defined
Lot Size Units Square Feet
Lot Size Square Feet 8744
Listing Terms Cash Cash to New Loan 1031 Exchange
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 707
Fuel Expense 1916
Trash Expense 1056
Water Sewer Expense 2102
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 32
Property Sub Type Additional Quadruplex
Taxes 18433
Cap Rate 3.89
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Interior
Total Stories 2
Common Walls 1 Common Wall
Laundry Features Common Area
Entry Level 1
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Exterior
Parking Features Assigned
Lot Features 6-10 Units/Acre
Water Source Public
Total Parking 7
Lot Size Area 8744
Number of Buildings 1
Building Area Total 3820
Lot Size Acres 0.2007
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 1
Number of Separate Electric Meters 4
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* Excluded Features
List By
Kirklen Investment Group

Broker

jason@kig-usa.com

Email

Affordability Calculator

$10,231
Per Month
100%
0%
0%
Monthly Principal & Interest
$10,231
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/20/2025$1,640,000 Listed Price

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3124 Pearl Drive, Fullerton, CA, 92831 is a Multi-Family Home for sale at $1,640,000 with 3,820 sqft and a lot size of 0.2007. 3124 Pearl Drive is a studio with 2.0 baths and was built in 1964. The property's zip code is 92831 which is in Fullerton, CA

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