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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, California. Built in 1980, the asset consists of approximately 31,095 square feet situated on a 1.49-acre parcel totaling approximately 64,904 square feet. The property serves the Downtown Sonora submarket and offers a balanced unit mix of 50% one-bedroom units and 50% two-bedroom units. Current market rents in the surrounding area average approximately $950-$1,150 for one-bedroom units and $1,350-$1,500 for two-bedroom units, presenting upside potential through future rent adjustments and operational improvements. Conveniently located near downtown Sonora with access to major transportation corridors, shopping centers, schools, employment hubs, and neighborhood amenities, the property benefits from steady rent al demand driven by the area's workforce housing needs. An investment in solar panels may help reduce the landlord's electricity burden caused by a common water heater.

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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
Greentree Lane, Sonora, CA, 95370 $699,000 4 3 2,096 2,096 SqFt
Crestridge Avenue, Sonora, CA, 95370 $780,000 3 3 2,376 2,376 SqFt
Rainier Court, Sonora, CA, 95370 $385,000 3 3 1,560 1,560 SqFt
Hitching Post Road, Sonora, CA, 95370 $449,000 3 2 2,000 2,000 SqFt
Black Oak Road, Sonora, CA, 95370 $699,950 3 3 2,650 2,650 SqFt
N Sunshine Road, Sonora, CA, 95370 $289,000 2 1 875 875 SqFt
W Walnut Avenue, Sonora, CA, 95370 $455,000 3 2 1,806 1,806 SqFt
Vilas Lane, Sonora, CA, 95370 $895,000 2 2 1,908 1,908 SqFt
Sawmill Flat Road, Sonora, CA, 95370 $615,000 5 4 2,660 2,660 SqFt
Crestridge Avenue, Sonora, CA, 95370 $730,000 3 3 2,376 2,376 SqFt

ByOwner last updated this listing 08/14/2026 @ 13:36

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

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