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311 Fairview Lane Sonora, CA $ 4,100,000
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$ 4,100,000 Get more info
311 Fairview Lane
$ 4,100,000
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Share Save

311 Fairview Lane

Sonora, CA, 95370
$ 4,100,000
Bedrooms1 Baths1.0

Monthly Estimate*

$ 25,888

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Multi-Family Home for sale in Sonora, CA

for $4,100,000 with 1 bedroom and 1 full bath. This home was built in 1980 on a lot size of 1.49.

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 rental 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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Multi-Family Active

Price

$ 4,100,000

Bedrooms

1

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

5 or More Units

Lot Size

1.49

Year Built

1980

Town/City

Sonora

County/Region

Tuolumne

MLS | Web ID

226073207
Features
General
Sewer Public Sewer
Heating Wall Furnace Other
Cooling Wall Unit(s)
Utilities Electric
Unit 4 Rent 0
Unit 2 Rent 0
Unit 3 Rent 0
Unit 1 Rent 810
HOA Fee 0
Garage Spaces 0.0
Patio/Porch Features Balcony/Deck
Construction Materials Frame Wood Siding
Year Built 1980
Stories Count 2
Property Subtype 5 or More Units
Elevation 0
County Tuolumne
Property Type Residential Income
HOA N
Total Rooms 0
Close Price 0.0
Status Active
Directions From CA-49/W Stockton St turn onto Fairview Ln. Property is located on Fairview Ln at 311 Fairview Ln near Adventist Health Sonora.
City Sonora
High School District Sonora Union High
Zoning Description CO
Open Parking Spaces 0.0
Number Of Units Total 44
MLS Area 22042
Lot Size Square Feet 64904.0
Carport Spaces 0.0
Standard Status Active
Middle/Junior School District Sonora
Elementary School District Sonora
Year Built Source Assessor Agent-Fill
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Interior
Flooring Carpet Laminate Linoleum Varies by Unit
Total Stories 2
Unit 1 Full Baths 1
Unit 2 Full Baths 0
Unit 3 Full Baths 0
Unit1Bedrooms 1
Unit3Bedrooms 0
Laundry Features In Common Area
Unit 1 Bedroom Units Total 22
Unit 2 Bedroom Units Total 22
Unit 3 Bedroom Units Total 0
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Exterior
Parking Features Carport Other
Lot Features None
Water Source Public
Total Parking 44.0
Foundation Details Other Slab
Number of Buildings 2
Lot Size Acres 1.49
Lot Size Source Assessor Agent-Fill
Covered Spaces 0.0
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Internal Only
Street Number 1 311
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* Excluded Features
List By
Cosol Commercial Real Estate

Broker

jfriedrich@cosol.net

Email

Affordability Calculator

$25,888
Per Month
100%
0%
0%
Monthly Principal & Interest
$25,888
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3193644 Elementary School
3193634 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
6/9/2026 $4,100,000 Listed Price

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311 Fairview Lane, Sonora, CA, 95370 is a Multi-Family Home for sale at $4,100,000 with a lot size of 1.49. 311 Fairview Lane has 1 bedrooms, 1.0 baths, and was built in 1980. The property's zip code is 95370 which is in Sonora, CA

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