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New
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$4,100,000

For Sale

2 days ago

311 Fairview Ln, Sonora, CA

House

MLS® 226073207

0 Bed

0 Bath

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44 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage 
Taxes 
Days Active 1
Lot Size 
Approx. Age 1980
MLS® Number 226073207

Property Address: 311 Fairview Ln, Sonora, CA, 95370-4826

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number226073207
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1980
Basement
DrivewayCarport, Other
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 9, 2026List Date
$4,100,000List Price
  • Commute

Commute

Starting Address
Destination Address
311 Fairview Ln, Sonora, CA

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