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285 Mclane Corning, CA $ 475,000
285 Mclane
$ 475,000
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285 Mclane

Corning, CA, 96021
$ 475,000
Baths4.0 Sq 3,072

Monthly Estimate*

$ 2,963

Listed by Teresa E Smith, Broker
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Studio

Multi-Family Home for sale in Corning, CA

for $475,000 with 4 full baths. This 3,072 square foot home was built in 1972 on a lot size of 0.2142.

Don’t miss this excellent investment opportunity! This maintained 4-plex is part of the McLane Circle community. Each spacious unit features 2 bedrooms and 1 bathroom with an open-concept kitchen and living area. Tenants enjoy convenient off-street parking, a shared laundry area with coin-operated washer and dryer, and a quiet neighborhood setting close to local amenities. McLane Circle consists of five total 4-plex buildings, with three currently owned by the same seller. All three 4-plexes are available for purchase! See listing #SN25253382 (205–211 & 219–241 McLane) for details on the additional 4-plexes. Don’t miss this outstanding opportunity to expand your investment portfolio!

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Multi-Family Active

Price

$ 475,000

Bedrooms

Studio

Full Bath

4

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.2142

Year Built

1972

Town/City

Corning

County/Region

Tehama

MLS | Web ID

SN25253380

Days on Market

33

Features
General
Sewer Public Sewer
Heating Natural Gas Wall Furnace
Cooling Wall/Window Unit(s)
Utilities Cable Available Electricity Connected Natural Gas Connected Phone Available Sewer Connected Water Connected
Possession Close Of Escrow
Roof Flat
Appliances Free-Standing Range Water Heater
HOA Fee 0
Garage Spaces 0
Pool Features None
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Construction Materials Drywall Wood Siding
Year Built 1972
Electric Standard
Tenant Pays Cable TV Electricity Gas
View City Lights Neighborhood
Stories Count 1
Levels One
Property Subtype Quadruplex
Gross Income 43308
Community Features Street Lights
County Tehama
Net Operating Income 28890
Operating Expense 6838
Insurance Expense 5000
New Construction 0
Property Type Residential Income
HOA 0
Garage Y/N 0
Special Listing Conditions Standard
Status Active
Directions North on Marguerite from Solano to Mc Lane Ave turn right or east on McLane Mc Lane Circle on the North Side of the road.
City Corning
Entry Location 1
Senior Community Y/N 0
Number Of Units Total 4
Lot Size Units Square Feet
Lot Size Square Feet 9332
Number of Units Leased 4
Listing Terms Submit
Spa Features None
Property Attached Y/N 1
Land Lease Y/N 0
Property Condition Repairs Cosmetic
Trash Expense 0
Water Sewer Expense 1905
Additional Parcels Y/N 0
Rent Control Y/N 0
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 3
Total Actual Rent 3625
Property Sub Type Additional Quadruplex
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Interior
Interior Amenities Wood Product Walls All Bedrooms Down
Flooring Laminate
Fireplace Features Electric None
Total Stories 1
Common Walls 2+ Common Walls
Air Conditioning Y/N 1
Heating Y/N 1
Window Features Double Pane Windows
Fireplace Y/N 0
Laundry Features Common Area
Entry Level 1
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Exterior
Fencing None
Parking Features Driveway Up Slope From Street Paved Private One Space
Lot Features 2-5 Units/Acre
Water Source Public
Total Parking 0
Lot Size Area 9332
Foundation Details Slab
Number of Buildings 2
Spa 0
Building Area Total 3072
Lot Size Acres 0.2142
Road Surface Type Paved
Private Pool 0
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
Road Frontage Type City Street
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* Excluded Features
List By
Teresa E Smith, Broker

Broker

roamingriverrealty@gmail.com

Email

Affordability Calculator

$2,963
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Monthly Principal & Interest
$2,963
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Default based on a 30-year fixed rate of 6.375% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2025$475,000 Listed Price

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285 Mclane, Corning, CA, 96021 is a Multi-Family Home for sale at $475,000 with 3,072 sqft and a lot size of 0.2142. 285 Mclane is a studio with 4.0 baths and was built in 1972. The property's zip code is 96021 which is in Corning, CA