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Jenn Smart

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205 McLane , Corning, CA 96021
$1,400,000
Est. Payment: $3,111.11/mo
24 Bed
12 Bath
10308 Sqft
0.61 Acres
Status: active | Days on site: 1
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CHCHOI - CH209542356
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House Description

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!

Highlights

Listed by Teresa Smith , 530-680-3848 Teresa E Smith, Broker , 530-680-3848. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.61

Year Built

1965

County

Tehama

Listing ID

SN26158268

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:24
  • ▪ Bathrooms:12
Appliances:Electric Range
Air Cond:Wall/Window Unit(s)
Fireplaces:
Floor:Carpet,Laminate,Stone,Vinyl
Other:
  • ▪ Additional:Ceiling Fan(s), Open Floorplan, All Bedrooms Down
Water:Public

Exterior Features

Lot:Cul-De-Sac,Front Yard,Landscaped,Yard,No Land Lease
Garage Capacity:0
Others:
  • ▪ Additional:Turnkey, Drywall, Stone, Stucco, Wood Siding, 2+ Total Units
Sewer:Public Sewer
Principal Interest
$3,111
Taxes
$893

Home Price

$1,400,000

Loan Details

30 yrs
0%

Down Payment

20%
$280,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,111.11

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,111.11 $892.50 $0.00 $4,003.61
Yearly $37,333.33 $10,710.00 $0.00 $48,043.33
Total $1,120,000.00 $321,300.00 $0.00 $1,441,300.00
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So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Corning, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-11-14T01:35:46.000Z

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