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285 Mclane

Corning, CA 96021
  • $475,000
  • STATUS: Active
  • ON SITE: 34 Days
  • ID#: SN25253380
$475,000
  • 0
    BEDS
  • 0.21
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1972
County:

School Ratings & Info

Listing Agent(s): Teresa Smith of Teresa E Smith, Broker (530-680-3848)


Description

Dont 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. Dont miss this outstanding opportunity to expand your investment portfolio!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-12T00:26:58.333. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/169731760
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285 Mclane Corning, CA 96021

  • Price: $475,000
  • Status: Active
  • On Site: 34 Days
  • ID#: SN25253380
0
Beds
0
Baths
0
½ Baths
0.21
Acres
1972
Built
County:
Tehama
Property Description
Dont 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. Dont miss this outstanding opportunity to expand your investment portfolio!
Exterior Features

Construction Materials DrywallWood Siding Entry Level 1 Entry Location 1 Fencing None Foundation Details Slab Lot Features 2-5 Units/Acre Number Of Separate Electric Meters 4 Parking Features Driveway Up Slope From StreetPavedPrivateOne Space Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved Roof Flat Spa Features None Spa YN No View City LightsNeighborhood View YN Yes

Interior Features

Appliances Free-Standing RangeWater Heater Common Walls 2+ Common Walls Cooling Wall/Window Unit(s) Cooling YN Yes Fireplace Features ElectricNone Fireplace YN No Flooring Laminate Heating Natural GasWall Furnace Heating YN Yes Interior Features Wood Product WallsAll Bedrooms Down Window Features Double Pane Windows

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Street Lights Electric Standard Garage YN No Gross Income 43308 Gross Scheduled Income 36058 Insurance Expense 5000 Land Lease YN No Laundry Features Common Area Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Submit Net Operating Income 28890 New Construction YN No Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 6838 Possession Close Of Escrow Property Condition Repairs Cosmetic Property Sub Type Quadruplex Rent Control YN No Security Features Carbon Monoxide Detector(s)Smoke Detector(s) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Cable TVElectricityGas Total Actual Rent 3625 Trash Expense 0 Utilities Cable AvailableElectricity ConnectedNatural Gas ConnectedPhone AvailableSewer ConnectedWater Connected Water Sewer Expense 1905 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-12T00:26:58.333. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Independent Broker Network
1148 N. Chinowth Suite A
Visalia CA, 93291
Listing Agent(s): Teresa Smith of Teresa E Smith, Broker (530-680-3848)