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44-Unit Apartment Building
For Sale
$4,100,000

311 Fairview Lane, Sonora, CA 95370

Multifamily property with an even mix of one- and two-bedroom residences near downtown Sonora.

Property Size31,095 SF
Lot Size1.49 Acres
Price / SF$131.85
Days on Market84

Property Features for 311 Fairview Lane

General Information

Standard status Active
Size 31,095 SF
Lot size 1.49 Acres
Property subtype Multi-Family

Additional Details

Multifamily Units 44

Amenities

Wall Furnace
Wall Unit(s)
Electric

Building Details

Year Built 1980
Stories 2
Listing Agency: Cosol Commercial Real Estate
Listed By: Jacob Friedrich · License #02017662
Source: Kw
Added: Jun 10 Changed: Aug 31 Last Checked: Aug 4 at 9:25AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cosol Commercial Real Estate

Investment Insights

Based on property information with market context.

Built in 1980, this apartment property at 311 Fairview Lane comprises 44 units within approximately 31,095 square feet. The residences are evenly divided between one-bedroom and two-bedroom floor plans, providing a balanced configuration within the Downtown Sonora submarket. Interior features include wall furnaces and wall unit(s), with electric service listed among the exterior features.

The property occupies approximately 1.49 acres, or 64,904 square feet of land, in Sonora, California. Its setting provides access to downtown, shopping centers, schools, employment hubs, neighborhood amenities, and major transportation corridors. The unit mix and location support a workforce-oriented multifamily profile.

Key Highlights

  • 44‑unit apartment property in Sonora, California
  • Approximately 31,095 square feet on approximately 1.49 acres
  • Balanced unit mix: 50% one‑bedroom and 50% two‑bedroom units

Property Analytics

Current Use

Ambassador Leather (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Storage Facility Carpet & Flooring Store Computer & Electronic Repair Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

44
Residential units

Location Intelligence

Trade Area within ½ mile

800
Businesses Nearby

Demographics for 95370, CA

28,090
Population
13,985
Households
2
Avg Household Size
49
Median Age
24%
College-Educated
95%
High-School Grad
103.1 sq mi
ZIP Area
272
Density / Sq Mi
$72,433
Median Household Income
$39,791
Median Earnings
$1,313
Median Rent
$416,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily property with an even mix of one- and two-bedroom residences near downtown Sonora.
Where is this apartment building located?
The property is located at 311 Fairview Lane Sonora, CA.
What is the asking price?
The asking price for this property is $4,100,000.
What are key features of this property?
This property features: 44‑unit apartment property in Sonora, California; Approximately 31,095 square feet on approximately 1.49 acres; Balanced unit mix: 50% one‑bedroom and 50% two‑bedroom units
More about this property
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