$1,400,000

205 Mclane Cir Corning, CA 96021

Corning Area

Estimated payment $7,878/month

Total Views 1,578
20 Beds
10 Baths
10,308 Sq Ft
$136 Price per Sq Ft

Highlights

  • Open Floorplan
  • No HOA
  • Cul-De-Sac
  • Private Yard
  • Neighborhood Views
  • Living Room

About This Home

Excellent investment opportunity! This package includes three 4-plex buildings (12 units total) within the five-building McLane Circle community. The sale encompasses Units 205–211, 219–241, and 285–299 McLane Circle. Each spacious unit across all three properties features 2 bedrooms and 1 bathroom with an open-concept kitchen and living area. Units 205–211 and 219–241 include attached covered parking and individual in-unit laundry hookups for a washer and dryer. Units 285–299 offer convenient on-site coin-operated laundry facilities. Tenants enjoy off-street parking and a quiet neighborhood setting close to local amenities. Don’t miss this outstanding opportunity to expand your investment portfolio!

Listing Agent

Teresa Smith

Teresa E Smith, Broker Brokerage Email: roamingriverrealty@gmail.com License #01500355 Listed on: 07/21/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 26,649 Sq Ft Lot
  • Two or More Common Walls
  • Cul-De-Sac
  • Rural Setting
  • Landscaped
  • Private Yard
  • Front Yard
  • 073-055-002-000, 073-055-006-000

Home Design

  • Quadruplex
  • Entry on the 1st floor
  • Turnkey
  • Raised Foundation
  • Fire Rated Drywall
  • Wood Siding
  • Stone Siding
  • Stucco

Interior Spaces

  • 10,308 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Living Room
  • Neighborhood Views
  • Electric Range
  • Laundry Room

Flooring

  • Carpet
  • Laminate
  • Stone
  • Vinyl

Bedrooms and Bathrooms

  • 20 Bedrooms
  • 10 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Natural Gas Connected
  • Phone Available

Listing and Financial Details

  • Legal Lot and Block 3 / 6
  • Assessor Parcel Number 073055001000
  • $6,352 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 12 Units

Amenities

  • Laundry Facilities

Building Details

  • 12 Leased Units
  • 12 Separate Electric Meters
  • 12 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $27,000
  • Other Expense $32,130
  • Professional Management Expense $9,540
  • Water Sewer Expense $5,904
  • Operating Expense $74,574
  • Gross Income $122,578
  • Net Operating Income $48,004

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0.61 Acres

Listing Details

  • Assessments: Yes
  • Professional Management Expense: 9540.00
  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 5904.00
  • Property Condition: Turnkey
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 073055001000
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Open Floorplan
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Vinyl, Carpet, Stone, Laminate
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 135.82
  • Room Type: Laundry, All Bedrooms Down, Living Room

Exterior Features

  • Foundation: Raised
  • View: Neighborhood
  • Fence: No
  • Pool Private: No
  • Spa: No
  • Construction Materials: Wood Siding, Stucco, Stone, Drywall Walls

Utilities

  • Utilities: Natural Gas Connected, Phone Available, Sewer Connected, Electricity Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Range
  • Heating Type: Natural Gas, Wall Furnace
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 073-055-002-000, 073-055-006-000
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Landscaped, Front Yard, Yard
  • Lot Size Sq Ft: 26649.00
  • Lot Size Acres: 0.6118

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Gross Income: 122578.00
  • Gross Scheduled Income: 122578.00
  • Insurance Expense: 27000.00
  • Lot Size Area: 26649.0000 Square Feet
  • Net Operating Income: 48004.00
  • Number Of Separate Electric Meters: 12
  • Number Of Separate Gas Meters: 12
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 12
  • Number Of Units Total: 12
  • Operating Expense: 74574.00
  • Other Expense: 32130.00
  • Other Expense Description: Mo Exp
  • Rent Control: No
  • Total Actual Rent: 10625.00
  • Total Expenses: 74574.00

Tax Info

  • Tax Block: 6
  • Tax Lot: 3
  • Tax Year: 2025
  • TaxOtherAnnualAssessmentAmount: 6352.00

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $2,295 $220,505 $40,617 $179,888
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
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/21/2026 07/21/26 For Sale $1,400,000 -- $136 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $142,500 New Conventional
Previous Owner $166,875 Unknown
Previous Owner $23,000 Unknown
Previous Owner $189,000 No Value Available
Previous Owner $79,000 Unknown
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN26158268

California Regional Multiple Listing Service (CRMLS)

APN: 073-055-001-000

Your Personal Tour Guide

Ask me questions while you tour the home.