Search
3148 Pearl Dr, Fullerton, CA 92831
Image 2 for 3148 Pearl Dr, Fullerton, CA 92831
Image 3 for 3148 Pearl Dr, Fullerton, CA 92831
View Photos

3148 Pearl Dr Fullerton, CA 92831

$1,550,000
  • 8 Beds
  • 8 Baths
  • 3,820 Sq.Ft.
Pending
$1,550,000 Get Pre-Qualified
Map preview of 3148 Pearl Dr, Fullerton, CA 92831

Property Overview: 3148 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 to verify current availability of this home or with any questions you may have.

Agent Remarks: 3148 Pearl Drive is a 4-unit multifamily investment property located in Fullerton, one of the premier rental markets in Orange County. Situated on a 0.20-acre lot, the property offers an attractive unit mix consisting exclusively of two-bedroom floor plans and amenities including private patios or balconies, on-site laundry, and garage parking. Current ownership has invested significant capital into improvements including new dual pane windows, laminate and tile flooring, cabinetry, quartz countertops, appliances, bathrooms, garage doors, exterior wood, A/C units, and fresh paint. The property benefits from its close proximity to California State University, Fullerton (CSUF), which has an annual enrollment of over 41,000 students. There is significant demand for rental units in close proximity to the university as 94 percent of CSUF students live in off-campus housing. The property is located within walking distance of the Fullerton Crossroads retail center, providing residents with convenient access to their everyday needs. Additionally, the property is situated in close proximity to State Route 57, connecting residents to regional employment hubs.

Listed by Tyler Leeson | BRE #01451551 | Marcus & Millichap RE Invest
Last checked: 5 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 7
Get a $4,650 Cash Reward New

Buy this home with Ardent Real Estate Group and get $4,650 back.

Call/Text (714) 706-1823

Home details

Lot Sq. Ft
8,712
HOA Dues
$0/mo
Year built
1965
Garage
6 Car
Property Type:
Multi Family
Status
Pending
MLS#
OC21256366
City
Fullerton
County
Orange
Time on Site
970 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 6
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $6,725
  • Total Rent: $6,725
  • Pro Forma/Market Rent: $8,380
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $80,700
  • Net Operating Income: $52,562
  • Gross Operating Income: $83,671
  • Vacancy Allowance: $2,421
  • Other Income 1: $5,392
  • Other Income Description: Miscellaneous
Annual Expense Breakdown
  • Total Operating Expense: $31,109
  • Electric: $1,744
  • Gas/Fuel: $1,744
  • New Taxes: $16,752
  • Trash: $1,744
  • Insurance: $1,637
  • Maintenance: $2,400
  • Water/Sewer: $1,744
  • Other Expenses: $3,344
  • Other Expense Description: Misc

Open Houses for 3148 Pearl Dr

No upcoming open houses

Schedule Tour

Property Details for 3148 Pearl Dr

Interior Features
Laundry Information
  • Has Laundry
  • Community
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: Lawn, Level with Street
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 33923309
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Nearby Cross Streets: Pearl Drive & Sapphire Road
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

Local Fullerton Agent

Sale History for 3148 Pearl Dr

Last sold for $689,000 on December 18th, 2003

  • December, 2021

  • Dec 20, 2021

    Date

    Pending

    CRMLS: OC21256366

    $1,550,000

    Price

  • Nov 30, 2021

    Date

    Active

    CRMLS: OC21256366

    $1,550,000

    Price

  • December, 2003

  • Dec 18, 2003

    Date

    Sold (Public Records)

    Public Records

    $689,000

    Price

Show More

Tax History for 3148 Pearl Dr

Assessed Value (2020): $871,807
Year Land Value Improved Value Assessed Value
2020 $706,164 $165,643 $871,807

Home Value Compared to the Market

This property vs the competition

3148 Pearl Dr is listed 55.02% higher than the median list price for the city of Fullerton which has a median list price of $999,900. The median price per/sqft for Fullerton is $603 and this home is listed at $405.76 per/sqft which puts the price per square foot 32.71% lower than the median price per square foot for the city of Fullerton.

About 3148 Pearl Dr

Detailed summary of property

3148 Pearl Dr is a multi family located in Fullerton, CA 92831 and is currently in escrow to be sold. This multi family property offers 8 bedrooms, 8 bathrooms, roughly 3,820 living square feet, and sits on an approximately 8,712 square foot lot. 3148 Pearl Dr was first listed on ArdentRealEstateGroup.com on November 30, 2021. The homeowner is currently asking $1,550,000. The median priced home in Fullerton is $999,900 with a median price per square foot of $603. Based on Ardent Real Estate Group's Fullerton Market Data, this home is listed 55.02% higher than the median priced home. Local competing homes currently for sale include 7545 Jackson Way, 17061 Whitby Cir and 16426 San Jacinto Street. While the average home in Fullerton, CA is selling in 46 days, 3148 Pearl Dr has a days on market of 7 days. There are currently 194 homes for sale in the Fullerton real estate market and 150 of them are single family homes while 33 of them are condos and 11 are townhomes. For more information on this home for sale at 3148 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 3148 Pearl Dr

Public county record property details
Beds
--
Baths
--
Year built
1965
Sq. Ft.
3,820
Lot Size
8,232
Stories
2
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
28
APN
339-233-09

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
$1,200,000
Median List Price/Sq.Ft.
$596
Median Sold Price
$1,110,000
Median Sold Price/Sq.Ft.
$586
Total Inventory
47
Median Sale to List Price %
101%
Avg Days on Market
17
Loan Type
Conventional (50%), FHA (11.11%), VA (0%), Cash (33.33%), Other (5.56%)

Tour This Home

Buy with Ardent Real Estate Group and save $4,650.

Image Description
Contact Jon
Fullerton Agent
Call, Text or Message
(714) 706-1823
Get a $4,650 Cash Reward New

Buy this home with Ardent Real Estate Group and get $4,650 back.

Call/Text (714) 706-1823

Homes for Sale Near 3148 Pearl Dr

Nearby Homes for Sale

420 S Melrose St, Anaheim, CA 92805
$1,599,999
9 Beds
5 Baths
3660 Sq.Ft.
420 S Melrose St
Anaheim, CA 92805
1150 S State College Blvd, Anaheim, CA 92806
$1,800,000
7 Beds
5 Baths
3891 Sq.Ft.
1150 S State College Blvd
Anaheim, CA 92806
825 S Claudina St, Anaheim, CA 92805
$1,350,000
7 Beds
4 Baths
2636 Sq.Ft.
825 S Claudina St
Anaheim, CA 92805
0 chestnut, Anaheim, CA 92805
$1,450,000
7 Beds
3 Baths
2270 Sq.Ft.
0 chestnut
Anaheim, CA 92805
1026 N Shattuck Pl, Orange, CA 92867
$1,850,000
8 Beds
8 Baths
3552 Sq.Ft.
1026 N Shattuck Pl
Orange, CA 92867
938 S Gilbuck Dr, Anaheim, CA 92802
$1,695,000
6 Beds
0 Baths
2932 Sq.Ft.
938 S Gilbuck Dr
Anaheim, CA 92802
1600 Picadilly Way, Fullerton, CA 92833
$1,488,000
8 Beds
4 Baths
0 Sq.Ft.
1600 Picadilly Way
Fullerton, CA 92833
119 S Delano St, Anaheim, CA 92804
$1,700,000
-- Beds
-- Baths
-- Sq.Ft.
119 S Delano St
Anaheim, CA 92804

Recently Sold Homes Near 3148 Pearl Dr

3136 Pearl Dr, Fullerton, CA 92831
$1,685,000 Last Sold Price
8 Beds
7 Baths
3820 Sq.Ft.
3136 Pearl Dr
Fullerton, CA 92831
3133 Pearl Dr, Fullerton, CA 92831
$15,100,000 Last Sold Price
8 Beds
7 Baths
3820 Sq.Ft.
3133 Pearl Dr
Fullerton, CA 92831
3142 Pearl Dr, Fullerton, CA 92831
$1,150,000 Last Sold Price
8 Beds
8 Baths
3820 Sq.Ft.
3142 Pearl Dr
Fullerton, CA 92831
3149 Pearl Dr, Fullerton, CA 92831
$1,515,000 Last Sold Price
8 Beds
8 Baths
3820 Sq.Ft.
3149 Pearl Dr
Fullerton, CA 92831

Related Resources to 3148 Pearl Dr

New Listings in 92831
Popular Zip Codes
Popular Cities
Other Fullerton Resources

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.

Call