1120 Esplanade Chico, CA ^$ 2,760,000

1120 Esplanade

^$ 2,760,000

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Recently Listed

1120 Esplanade

Chico, CA, 95926

^$ 2,760,000

Bedrooms-- Baths-- Sq 15,805

Monthly Estimate*

^$ 17,427

Listed by Commercial Brokers of California

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Commercial Property for sale in Chico, CA

for $2,760,000. This 15,805 square foot building was built in 1962 on a lot size of 0.65.

OPPORTUNITY KNOCKS! First time on the market in over 25 years! This 2 story, 24 unit apartment complex is a classic charmer, centrally located in the Heart of Chico. As you enter the central courtyard, it is like walking into an oasis, with its' sparkling swimming pool, wrap around balconies, and lush mature landscaping. Situated within walking distance to Chico State University, Downtown, and Chico High School, the Subject Property is also close to public transportation, and has easy freeway access. With a strong rental history, balanced tenant mix, and stabilized market rents, it makes this a great investment opportunity.

Commercial Active

Price

^$ 2,760,000

Property Type

Commercial

Taxes

^$ 0

Style

Lot Size

0.65

Year Built

1962

Town/City

Chico

County/Region

Butte

MLS | Web ID

SN26141996

Days on Market

Features

General

Year Built 1962

Property Subtype Multi Family

County Butte

Property Type Commercial Sale

Special Listing Conditions Standard

Status Active

Directions Cross Street: E 1st Ave

City Chico

Number Of Units Total 24

Lot Size Units Acres

Lot Size Square Feet 28314

Additional Parcels Y/N false

Building Area Units Square Feet

Standard Status Active

Occupancy Type Tenant

Property Sub Type Additional Multi Family

Interior

Total Stories 2

Laundry Features Common Area Inside

Entry Level 1

Exterior

Lot Features Street Level

Water Source Public

Lot Size Area 0.65

Building Area Total 15805

Lot Size Acres 0.65

Lot Size Source Assessor

* Excluded Features

List By

Commercial Brokers Of California

Broker

mike@cbcnorcal.com

Affordability Calculator

$17,427

Per Month

Monthly Principal & Interest: $17,427
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Chico, CA

Average List Price ^$1,395,191

Percent of Sale Price 49%

About Chico, CA

92,365 Population

18% Since 2002

^$46,766 Median Income

32.42 Median Age

23% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/30/2026	$2,760,000		Listed Price

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1120 Esplanade, Chico, CA, 95926 is a Commercial Property for sale at $2,760,000 with 15,805 sqft and a lot size of 0.65. 1120 Esplanade was built in 1962. The property's zip code is 95926 which is in Chico, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 7/1/2026. 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.

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1120 Esplanade

Commercial Property for sale in Chico, CA

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