205 Mclane Cir Corning, CA 96021
Estimated payment $5,289/month
Highlights
- City Lights View
- No HOA
- Double Pane Windows
- Lawn
- Cul-De-Sac
- Cooling System Mounted To A Wall/Window
About This Home
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!
Listing Agent
Teresa E Smith, Broker Brokerage Email: roamingriverrealty@gmail.com License #01500355 Listed on: 11/07/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,234
Year Built
- Built in 1965
Lot Details
- 0.66 Acre Lot
- Two or More Common Walls
- Cul-De-Sac
- Level Lot
- Lawn
- Density is 2-5 Units/Acre
- 073-055-002-000
Property Views
- City Lights
- Neighborhood
Home Design
- Quadruplex
- Entry on the 1st floor
- Cosmetic Repairs Needed
- Wood Product Walls
- Fire Rated Drywall
- Composition Roof
- Wood Siding
- Concrete Perimeter Foundation
Interior Spaces
- 7,236 Sq Ft Home
- 1-Story Property
- Double Pane Windows
- Living Room
- Vinyl Flooring
- Free-Standing Range
Bedrooms and Bathrooms
- 16 Bedrooms
- 8 Bathrooms
Laundry
- Laundry Room
- Laundry in Carport
- Washer and Electric Dryer Hookup
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 1 Open Parking Space
- 2 Parking Spaces
- 1 Attached Carport Space
- Parking Available
- Driveway
- Paved Parking
Outdoor Features
- Exterior Lighting
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Natural Gas Connected
- Water Heater
Listing and Financial Details
- Legal Lot and Block 3 / 6
- Assessor Parcel Number 073055001000
- $4,590 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 8 Units
Building Details
- 8 Leased Units
- 8 Separate Electric Meters
- 8 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $18,000
- Operating Expense $16,697
- Gross Income $67,249
- Net Operating Income $50,552
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,234 | $216,182 | $39,821 | $176,361 |
| 2023 | $2,192 | $207,789 | $38,276 | $169,513 |
| 2022 | $2,162 | $203,716 | $37,526 | $166,190 |
| 2021 | $2,081 | $199,723 | $36,791 | $162,932 |
| 2020 | $2,103 | $197,676 | $36,414 | $161,262 |
| 2019 | $2,017 | $193,800 | $35,700 | $158,100 |
| 2018 | $2,020 | $190,000 | $35,000 | $155,000 |
| 2017 | $2,108 | $195,744 | $26,392 | $169,352 |
| 2016 | $2,005 | $195,744 | $26,392 | $169,352 |
| 2015 | -- | $195,744 | $26,392 | $169,352 |
| 2014 | $1,765 | $170,213 | $22,950 | $147,263 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/07/2025 11/07/25 | For Sale | $970,000 | -- | $134 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $190,000 | Placer Title Company | |
| Grant Deed | $222,500 | Fidelity National Title | |
| Grant Deed | $190,000 | Fidelity National Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $142,500 | New Conventional | |
| Previous Owner | $166,875 | Unknown | |
| Previous Owner | $189,000 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SN25253382
APN: 073-055-001-000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
- 7723 Molinos Ave Unit C
- 25153 N Center St
- 9022 State Highway 99e
- 1226 East St Unit 5
- 19535 Red Bank Rd
- 705 Kimball Rd
- 1164 Franzel Rd
- 15 Cabernet Ct
- 4200 Nord Hwy
- 4070 Nord Hwy
- 255 Shelley Way
- 101 Risa Way
- 100 Penzance Ave
- 8 San Gabriel Dr Unit B
- 476 E Lassen Ave
- 931-939 W East Ave
- 821 W East Ave
- 2785 El Paso Way
- 1051 E Lassen Ave
- 1055 E Lassen Ave