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3112 Pearl Dr

For Sale

Fullerton

$1,600,000

Property Description

This four-unit apartment building in Fullerton, California, offers a prime value-add investment opportunity. Generating $8,340 in monthly rental income, the property features four spacious 2-bedroom, 2-bathroom units with a mix of tile and carpet flooring, combining durability with comfort.
Additional amenities include six single-car garages, providing secure parking and extra storage, and on-site laundry facilities for tenant convenience.
Located in close proximity to California State University, Fullerton, this property benefits from high rental demand driven by students and university staff. The desirable neighborhood offers easy access to downtown, parks, and major highways, ensuring strong occupancy rates and significant potential for increased returns.

Contact Agent

Alexio Barbara

760-419-1343

Investment Summary

Property Location

For Sale

$1,600,000

Property Type

4 Units

Price/Unit

$400K

Units

Unit Mix

4

(4) 2bed/2ba

Price/Sq Ft

$418

NOI

$62,948

CAP

GRM

Sq Ft

Current

3.9

15.8

Imp

3,820

Year Built

1964

Proforma

5.8

12.1

Land

8,750

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