311 Fairview Lane, Sonora, CA 95370

Sonora
Local realty services provided by:ERA Carlile Realty Group
311 Fairview Lane,Sonora, CA 95370
$4,100,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: jacob friedrich
Office: cosol commercial real estate
MLS#:226073207
Source:MFMLS

Price summary

  • Price:$4,100,000

About this home

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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Home facts

  • Year built:1980
  • Listing ID #:226073207
  • Added:1 day(s) ago
  • Updated:June 10, 2026 at 12:40 AM

Rooms and interior

  • Flooring:Carpet, Laminate, Linoleum, Varies by Unit

Heating and cooling

  • Cooling:Wall Unit(s)
  • Heating:Wall Furnace

Structure and exterior

  • Year built:1980
  • Lot area:1.49 Acres
  • Construction Materials:Frame, Wood Siding
  • Exterior Features:Balcony/Deck
  • Foundation Description:Slab
  • Levels:2 Story

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$4,100,000

Features and amenities

  • Laundry features:In Common Area

Parking

  • Total parking spaces:44
MLS LogoMetroList MLS 2026. This information is being provided by MetroList MLS. All measurements and calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data Updated: June 10, 2026. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Any offer of compensation is made only to Participants of MLS where the subject listing is filed and in accordance with such MLS's regulations or rules.

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