3142 Pearl Dr, Fullerton, CA 92831
View Photos

3142 Pearl Dr Fullerton, CA 92831

$1,150,000 Sold Price as of 12/04/2020
  • 8 Beds
  • 8 Baths
  • 3,820 Sq.Ft.
Sold
$1,150,000 Sold Price as of 12/04/2020 Refinance Your Mortgage

Map preview of 3142 Pearl Dr, Fullerton, CA 92831

Property Overview: 3142 Pearl Dr Fullerton, CA has 8 bedrooms, 8 bathrooms, 3,820 living square feet and 8,712 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Desirable 4-plex located approximately 1 mile from Cal State Fullerton. High rental demand area. Long term tenants. All units are 2 large bedrooms 2 bathrooms. 6 car garages with all new doors. 4 separate gas and electric meters. Tenants pay all their own utilities. Laundry room next to the garage (currently not in use). Lots of recent work done to the property. Exterior paint for the whole building and staircase. New wood fence for both downstair units. Units 3 has been remodeled with new flooring, new shower, new bath tub and new paint. New kitchen, new counter tops for 3 units (except one unit downstairs since they have been living in there for more then 40 years). All units has been leased at a rate of $1400, $1600, $1700, $1700/mo. Walking distance to Lopez Elementary School. Close to freeway. Seller will need 1031 exchange at no cost to buyer.

Listed by Lei Hebel | BRE #01389093 | Realty One Group West
Last checked: 3 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 324

Home details

Lot Sq. Ft
8,712
HOA Dues
$0/mo
Year built
1965
Garage
6 Car
Property Type:
Multi Family
Status
Sold
MLS#
OC19275352
City
Fullerton
County
Orange
Time on Site
1399 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,400
  • Total Rent: $1,400
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,700
  • Total Rent: $1,700
  • Pro Forma/Market Rent: $1,900
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $1,600
  • Pro Forma/Market Rent: $1,900
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,700
  • Total Rent: $1,700
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $76,800
  • Net Operating Income: $57,076
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $19,724
  • Electric: $240
  • Gas/Fuel: $0
  • New Taxes: $14,310
  • Trash: $520
  • Insurance: $1,674
  • Water/Sewer: $3,000

Property Details for 3142 Pearl Dr

Interior Features
Laundry Information
  • Has Laundry
  • Individual Room
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 6
  • # of Parking Spaces: 6
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 33923308
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: Major cross-street are Yorba Linda/Placentia Ave
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights
View more facts & features

Local Fullerton Agent

Loading...

Sale History for 3142 Pearl Dr

Last sold for $1,150,000 on December 4th, 2020
  • December, 2020

  • Dec 5, 2020

    Date

    Sold

    CRMLS: OC19275352

    $1,150,000

    Price

  • Dec 5, 2020

    Date

    Price Change

    CRMLS: OC19275352

    $1,150,000

    Price

  • Oct 24, 2020

    Date

    Active Under Contract

    CRMLS: OC19275352

    $1,255,000

    Price

  • Aug 29, 2020

    Date

    Price Change

    CRMLS: OC19275352

    $1,255,000

    Price

  • Apr 5, 2020

    Date

    Price Change

    CRMLS: OC19275352

    $1,260,000

    Price

  • Mar 29, 2020

    Date

    Price Change

    CRMLS: OC19275352

    $1,200,000

    Price

  • Mar 25, 2020

    Date

    Price Change

    CRMLS: OC19275352

    $1,260,000

    Price

  • Mar 13, 2020

    Date

    Price Change

    CRMLS: OC19275352

    $1,265,000

    Price

  • Mar 12, 2020

    Date

    Price Change

    CRMLS: OC19275352

    $1,285,000

    Price

  • Feb 5, 2020

    Date

    Price Change

    CRMLS: OC19275352

    $1,320,000

    Price

  • Dec 4, 2019

    Date

    Active

    CRMLS: OC19275352

    $1,350,000

    Price

  • July, 2019

  • Jul 17, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,000,000

    Price

  • November, 2001

  • Nov 1, 2001

    Date

    Sold (Public Records)

    Public Records

    $375,000

    Price

Show More

Tax History for 3142 Pearl Dr

Assessed Value (2020): $492,715
Year Land Value Improved Value Assessed Value
2020 $330,119 $162,596 $492,715

Home Value Compared to the Market

This property vs the competition

3142 Pearl Dr sold on December 4, 2020 for 16.75% higher than the current median sold price for the city of Fullerton which is $985,000. The median sold price per/sqft for Fullerton is $618 and this home is sold at $301.05 per/sqft which puts the price per square foot 51.29% lower than the current median sale per square foot for the city of Fullerton.

About 3142 Pearl Dr

Detailed summary of property

3142 Pearl Dr is a multi family that recently sold in Fullerton, CA 92831. This multi family property offered 8 bedrooms, 8 bathrooms, roughly 3,820 living square feet, and sits on an approximately 8,712 square foot lot. 3142 Pearl Dr was first listed on ArdentRealEstateGroup.com on July 4, 2020. The homeowner sold the property for $1,150,000. Home in Fullerton are selling for a median price of $985,000 and a median price per square foot of $618. Based on Ardent Real Estate Group's Fullerton Market Data, this home is sold 16.75% higher than the current median priced home. Local homes that are currently for sale include 6728 Friends Ave, 6728 Friends Ave and 17150 San Mateo St. While the average home in Fullerton, CA is selling in 41 days, 3142 Pearl Dr has a days on market of 324 days. There are currently 176 homes for sale in the Fullerton real estate market and 127 of them are single family homes while 37 of them are condos and 12 are townhomes. For more information on this home for sale at 3142 Pearl Dr Fullerton, CA 92831 contact Ardent Real Estate Group and we will put you in touch with one of our Fullerton agents.

Public Facts for 3142 Pearl Dr

Public county record property details
Beds
--
Baths
--
Year built
1965
Sq. Ft.
3,820
Lot Size
9,358
Stories
2
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
29
APN
339-233-08

The source for these homes facts are from public records.

92831 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$899,000
Median List Price/Sq.Ft.
$543
Median Sold Price
$1,200,000
Median Sold Price/Sq.Ft.
$605
Total Inventory
50
Median Sale to List Price %
105.26%
Avg Days on Market
26
Loan Type
Conventional (66.67%), FHA (0%), VA (0%), Cash (20%), Other (13.33%)

Thinking of Selling?


Image Description
Is this your property?
Thinking of Selling?

Call, Text or Message

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.