3124 Pearl DR new Save Request In-Person Tour Request Virtual Tour
Fullerton,CA 92831
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25065860
Year Built 1964
Lot Size 8,742 Sqft
Property Sub-Type Quadruplex
Property Description
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.
Location
State CA
County Orange
Area 699 - Not Defined
Interior
Laundry Common Area
Exterior
Parking Features Assigned
Garage Spaces 6.0
Garage Description 6.0
Pool None
Community Features Curbs,Gutter(s),Sidewalks
Building
Lot Description 6-10 Units/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash,Cash to New Loan,1031 Exchange
Listing Terms Cash,Cash to New Loan,1031 Exchange
Special Listing Condition Standard