205 Mclane Cir Corning, CA 96021
Corning AreaEstimated payment $7,878/month
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 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
Map
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 |
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 |
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 |
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: California Regional Multiple Listing Service (CRMLS)
MLS Number: SN26158268
APN: 073-055-001-000
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Ask me questions while you tour the home.