Active

285 Mclane

Corning, CA 96021

$475,000 $2,002/Mo

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Overview

Bed

Bath

3,072

Sqft

9,332

Sqft(Lot)

Description

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. 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. Don’t miss this outstanding opportunity to expand your investment portfolio!

Property Details

Property Type : Residential Income

Price : $475,000

AD Id : 68551067

MLS Id : SN25253380

Beds : 8

Lot Size : 9,332 Sqft

Living Area Size : 3,072

Year Built : 1972

County : Tehama

Map

What's Nearby

Nearby Areas

Features

Water/Sewer

Water Source: Public Sewer: Public Sewer
Interior Features

Roof: Flat Interior Features: Wood Product Walls,All Bedrooms Down Windows: Double Pane Windows Property Appliances: Free-Standing Range,Water Heater Fireplace: Electric,None Flooring: Laminate
Cooling Features

Wall/Window Unit(s) Air Conditioning

Heating Source

Natural Gas,Wall Furnace Has Heating

Fireplace

Fireplace Features: Electric,None Has Fireplace: 0

Building Information

Year Built: 1972 Building Area Total: 3,072 Construction: Drywall,Wood Siding Roof: Flat
Foundation

Slab

Security Features

Carbon Monoxide Detector(s),Smoke Detector(s)
Pool Features

None

Laundry Features

Common Area

Fencing

None

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.2142
Lot Size Source: Assessor Lot Size Square Feet: 9332

Listing Price Information

Original List Price: 475,000 Listing Contract Date: 2025-11-07
Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 073055006000

Garage and Parking

Garage Description: Driveway Up Slope From Street,Paved,Private,One Space

Homeowners Association
Rental Info

Lease Term: Negotiable Tenant Pays: Cable TV,Electricity,Gas

Other Property Info

Source Listing Status: Active Source Neighborhood: Directions: North on Marguerite from Solano to Mc Lane Ave, turn right or east on McLane, Mc Lane Circle on the North Side of the road. Source Property Type: Residential Income Property SubType: Quadruplex
Building and Construction

Property Age: 54 Common Walls: 2+ Common Walls Property Condition: Repairs Cosmetic Structure Type: Quadruplex Year Built Source: Assessor Entry Level: 1 Entry Location: 1 Property Attached: Yes Levels or Stories: One Building Total Stories: 1

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At $154.62 per sq.ft.,this listing is priced below average compared to other multifamily from Corning.

The average multifamily price in Corning is $498412.86 with avg. price / sq.ft of $2844.68.

The average multifamily price in Tehama County is $540257.14 with avg. price / sq.ft of $3659.00.

How much is this property worth?

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
205 Mclane, Corning, CA, 96021	$970,000	16	8	7,236	7,236 SqFt

Similar Multifamily To 285 Mclane

Nearby For Sale

Active

$970,000

Multifamily For Sale

205 Mclane,
Corning, CA, 96021

Bed

Bath

Sqft

Sqft(Lot)

285 Mclane,
Corning, CA, 96021

Bed

Bath

3,072

Sqft

9,332

Sqft(Lot)

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ByOwner last updated this listing 04/07/2026 @ 01:54

MLS: SN25253380 LISTED BY: Teresa Smith, Teresa E Smith, Broker 530-680-3848 SOURCE: CRMLS