311 Fairview Lane Sonora, CA $ 4,100,000
311 Fairview Lane
$ 4,100,000
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311 Fairview Lane

Sonora, CA, 95370
$ 4,100,000
Baths0.0

Monthly Estimate*

$ 25,244

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Studio

Multi-Family Home for sale in Sonora, CA

for $4,100,000. 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, 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 from strong rental demand and stable occupancy.

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Multi-Family Active

Price

$ 4,100,000

Bedrooms

Studio

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 950
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

$25,244
Per Month
100%
0%
0%
Monthly Principal & Interest
$25,244
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
Pricing History
Date Price Price Change Description
6/9/2026 $4,100,000 Listed Price

Map


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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 is a studio with 0.0 baths and was built in 1980. The property's zip code is 95370 which is in Sonora, CA