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Executive Summary

Hillcrest House Apartments, located at 91 Summit Avenue in Sonora, CA, is a 28- unit multifamily community positioned in the desirable Myers Hill neighborhood near downtown Sonora. The property consists of several one-story and two-story buildings offering a mix of one- and two­bedroom units designed to meet the needs of a broad tenant base.
Built in 1976, the asset provides functional layouts ranging approximately from 636 to over 900 square feet, with features including private patios or decks, assigned carport parking, and storage.
Residents benefit from attractive community amenities such as a swimming pool, landscaped grounds, and on-site laundry facilities, supporting strong tenant retention and consistent occupancy.
The property is conveniently located within walking distance to downtown Sonora and is in close proximity to shopping centers, healthcare facilities, and major recreational destinations. The surrounding area is considered the cultural and commercial hub of Tuolumne County, offering stable rental demand driven by local employment and regional tourism.
Hillcrest House Apartments presents investors with a well- located, stabilized asset in a supply-constrained rental market, with additional upside through continued operational improvements and rent growth.

Property Facts

Price $3,950,000
Price Per Unit $141,071
Sale Type Investment
No. Units 28
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 1.06 AC
Building Size 22,400 SF
No. Stories 2
Year Built 1969
Parking Ratio 1.25/1,000 SF
Opportunity Zone Yes
Zoning R2

Amenities

Unit Amenities

  • Kitchen
  • Oven

Site Amenities

  • Recycling

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 24 - 636
2+1 4 - 908
Fairly walkable
40/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 001-271-020-000
  • 001-271-019-000
  • 001-271-009-000
  • 001-262-006-000
Land Assessment
$350,468
Improvements Assessment
$3,315,824
Total Assessment
$3,666,292
  • Listing ID: 39992502

  • Date on Market: 4/1/2026

  • Last Updated:

  • Address: 91 Summit Ave, Sonora, CA 95370

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