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245 McLane 245 McLane Cir

4 Unit Apartment Building $450,000 ($112,500/Unit) Corning, CA 96021

Apartment Buildings California Corning 245 McLane Cir, Corning, CA 96021

Investment Highlights

  • Fully Rented Investment Opportunity: all currently rented on a month-to-month basis with below-market rents, offering potential for income growth.
  • Located on a spacious cul-de-sac lot, this property includes washer and dryer hookups for added revenue.

Executive Summary

Great investment 4-plex in decent shape. Need some love but very functional. fully rented. Each unit with 2 bedrooms, 1 bathroom. Rents below market with month to month tenants. Very large lot in a cul-de-sac. Washer and Dryer hook ups for extra income. Pictures to follow.

Property Facts

Price $450,000 Building Class C
Price Per Unit $112,500 Lot Size 0.43 AC
Sale Type Investment Building Size 3,800 SF
No. Units 4 Average Occupancy 100%
Property Type Multifamily No. Stories 1
Property Subtype Apartment Year Built 1972
Apartment Style Low Rise
Price $450,000
Price Per Unit $112,500
Sale Type Investment
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.43 AC
Building Size 3,800 SF
Average Occupancy 100%
No. Stories 1
Year Built 1972

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 4 - -
1 of 1

zoning

Zoning Code R-4 (Four unit residential)
R-4 (Four unit residential)
(650) 924-2000

Contact

  • Marco Garcia
    Marco Garcia
  • Loans Realty Group

  • Listing ID: 32764861

  • Date on Market: 8/11/2024

  • Last Updated:

  • Address: 245 McLane Cir, Corning, CA 96021

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245 McLane | 245 McLane Cir
(650) 924-2000 x

245 McLane | 245 McLane Cir

Marco Garcia

(650) 924-2000

(650) 924-2000

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