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Fairview Lane

Sonora, CA 95370
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311 Fairview Ln is a 44-unit multifamily investment property located in Sonora, CA (APNs 002-210-030-000 and 002-210-031-000). Situated on approximately 64,904 SF across two parcels, the property offers a balanced unit mix of 22 one-bedroom units and 22 two-bedroom units. Originally built in 1980, the asset is currently 43 of 44 units occupied and presents an opportunity to increase income through future rent adjustments and operational efficiencies. Rents are approximately 20-30% below market, with average rental rates at $910 per month, and an investment in solar panels may help reduce the landlord's electricity burden caused by a common water heater. Conveniently located near downtown Sonora, shopping centers, schools, employment hubs, and major commuter routes, the property benefits fr om strong rental demand and stable occupancy.

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Detail Ic Property Details

Property Type : Residential Income

Price : $4,100,000

AD Id : 82047900

MLS Id : 226073207

Year Built : 1980

County : Tuolumne

  • Map Map

Map

Feature Features

  • Water/Sewer

    Sewer: Public Sewer
  • Flooring Information

    Carpet, Laminate, Linoleum, Varies by Unit
  • Interior Features

    Laundry Features: In Common Area
  • Heating & Cooling

    Heating: Wall Furnace, Other Cooling: Wall Unit(s) WaterSource: Public

  • Building Information

    Year Built: 1980 Stories: 2 Construction Materials: Frame, Wood Siding Foundation Details: Other, Slab
  • Exterior Features

    Foundation Details: Other, Slab
    Porch: Balcony/Deck
  • Laundry Features

    In Common Area

    Patio And Porch

    Balcony/Deck

  • Lot Information

    Lot Description: None Lot Square Feet: 64,904 Stories: 2

    Property Information

    Property Type: Residential Income Sub Type: 5 or More Units Construction Materials: Frame,Wood Siding Property Age: 46 Cross Street: W Stockton St Source Neighborhood: 22042 Area: Sonora S: 95370 Zoning: CO Structure Type: Apartments

    Farm Info

    Irrigation Source: None

  • Listing Price Information

    Listing Id: 226073207 List Price: $4,100,000

  • Tax Information

    Parcel Number: 002-210-030

  • Parking Information

    Parking Total: 44 Carport, Other

  • Elementary School District: Sonora
    Junior High School District: Sonora
    Senior High School District: Sonora Union High
  • Utility Information

    Electric
  • Location Information

    Direction: From CA-49/W Stockton St, turn onto Fairview Ln. Property is located on Fairview Ln at 311 Fairview Ln, near Adventist Health Sonora.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Cottage Court, Sonora, CA, 95370 $509,000 3 3 1,838 1,838 SqFt
Racetrack Road, Sonora, CA, 95370 $599,000 4 2 2,077 2,077 SqFt
Crestridge Avenue, Sonora, CA, 95370 $735,000 3 3 2,376 2,376 SqFt
Stable Road, Sonora, CA, 95370 $399,000 4 2 1,590 1,590 SqFt
Eureka Dr, Sonora, CA, 95370 $449,999 3 2 1,360 1,360 SqFt
American River Drive, Sonora, CA, 95370 $275,000 3 2 1,306 1,306 SqFt
Christopher Circle, Sonora, CA, 95370 $619,000 3 3 2,276 2,276 SqFt
Buckboard Court, Sonora, CA, 95370 $289,000 2 1 916 916 SqFt
Sawmill Flat Road, Sonora, CA, 95370 $355,000 2 2 1,148 1,148 SqFt
Lower Quail Mine Road, Sonora, CA, 95370 $99,900 2 1 800 800 SqFt

ByOwner last updated this listing 06/16/2026 @ 02:26

MLS: 226073207 LISTED BY: Jacob Friedrich, Cosol Commercial Real Estate SOURCE: MLS Metrolist

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