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205 Mclane Corning, CA $ 970,000
205 Mclane
$ 970,000
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205 Mclane

Corning, CA, 96021
$ 970,000
Baths1.0 Sq 7,236

Monthly Estimate*

$ 6,052

Listed by Teresa E Smith, Broker
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Studio

Multi-Family Home for sale in Corning, CA

for $970,000 with 1 full bath. This 7,236 square foot home was built in 1965 on a lot size of 0.66.

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. Every unit also includes an attached covered parking area and laundry hookups for a washer and dryer. Tenants enjoy convenient off-street parking and a 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 #SN25253380 (285 McLane) for details on the additional 4-plex. This listing includes Units 205–211 and 219–241. Don’t miss this excellent opportunity to expand your investment portfolio!

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Multi-Family Active

Price

$ 970,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.66

Year Built

1965

Town/City

Corning

County/Region

Tehama

MLS | Web ID

SN25253382

Days on Market

33

Features
General
Sewer Public Sewer
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Utilities Electricity Available Natural Gas Connected Sewer Connected Water Connected
Possession Close Of Escrow
Roof Composition
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 1965
Electric Standard
Tenant Pays Cable TV Electricity Gas Telephone
View City Lights Neighborhood
Stories Count 1
Levels One
Property Subtype Quadruplex
Gross Income 67249
Community Features Street Lights
Additional Parcels Description 073-055-002-000
County Tehama
Net Operating Income 50552
Operating Expense 16697
Insurance Expense 18000
New Construction 0
Property Type Residential Income
HOA 0
Garage Y/N 0
Special Listing Conditions Standard
Status Active
Directions North on Marguerite Ave from Solano to McLane Ave turn right or East on McLane Ave. McLane Circle on North Side of the road.
City Corning
Entry Location 1
Senior Community Y/N 0
Open Parking Spaces 1
Number Of Units Total 8
Lot Size Units Square Feet
Lot Size Square Feet 28751
Carport Spaces 1
Carport Y/N 1
Number of Units Leased 8
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 0
Additional Parcels Y/N 1
Rent Control Y/N 0
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 3
Total Actual Rent 6975
Property Sub Type Additional Quadruplex
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Interior
Interior Amenities Pantry Unfurnished Wood Product Walls All Bedrooms Down
Flooring Vinyl
Fireplace Features 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 Washer Hookup Electric Dryer Hookup In Carport
Entry Level 1
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Exterior
Exterior Amenities Lighting
Fencing None
Parking Features Attached Carport Concrete Driveway
Lot Features 2-5 Units/Acre Cul-De-Sac Lawn Level
Water Source Public
Total Parking 2
Lot Size Area 28751
Foundation Details Concrete Perimeter
Number of Buildings 2
Spa 0
Building Area Total 7236
Lot Size Acres 0.66
Road Surface Type Paved
Private Pool 0
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 8
Number of Separate Electric Meters 8
Road Frontage Type City Street
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* Excluded Features
List By
Teresa E Smith, Broker

Broker

roamingriverrealty@gmail.com

Email

Affordability Calculator

$6,052
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Monthly Principal & Interest
$6,052
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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$970,000 Listed Price

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205 Mclane, Corning, CA, 96021 is a Multi-Family Home for sale at $970,000 with 7,236 sqft and a lot size of 0.66. 205 Mclane is a studio with 1.0 baths and was built in 1965. The property's zip code is 96021 which is in Corning, CA