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

Studio Baths1.0 Sq 15,805

Monthly Estimate*

^$ 17,427

Listed by Commercial Brokers of California

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1120 Esplanade, Chico, CA 95926 - Image 8

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Studio

Multi-Family Home for sale in Chico, CA

for $2,760,000 with 1 full bath. This 15,805 square foot home 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.

Multi-Family Active

Price

^$ 2,760,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.65

Year Built

1962

Town/City

Chico

County/Region

Butte

MLS | Web ID

SN26142170

Days on Market

Features

General

Sewer Public Sewer

Garage Spaces 0

Pool Features Community Fenced

Year Built 1962

Stories Count 2

Levels Two

Property Subtype Apartment

Gross Income 318720

Community Features Curbs Gutter(s) Sidewalks Pool

County Butte

Net Operating Income 157843

Operating Expense 144941

Insurance Expense 17705

New Construction false

Property Type Residential Income

Garage Y/N false

Special Listing Conditions Standard

Status Active

Directions Cross Street: E 1st Ave

City Chico

Entry Location Main

Senior Community Y/N false

Number Of Units Total 24

Lot Size Units Acres

Lot Size Square Feet 28314

Carport Y/N true

Number of Units Leased 23

Listing Terms Cash Cash to New Loan

Property Attached Y/N true

Land Lease Y/N false

Electric Expense 16731

Fuel Expense 16731

Trash Expense 6229

Water Sewer Expense 4628

Additional Parcels Y/N false

Rent Control Y/N true

Building Area Units Square Feet

Standard Status Active

Year Built Source Public Records

Tax Lot 5 6

Property Sub Type Additional Apartment

Interior

Total Stories 2

Common Walls 2+ Common Walls

Laundry Features Common Area Inside

Entry Level 1

Exterior

Parking Features Carport

Lot Features Street Level

Water Source Public

Total Parking 0

Lot Size Area 0.65

Number of Buildings 1

Building Area Total 15805

Lot Size Acres 0.65

Private Pool false

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 25

Number of Separate Electric Meters 25

* Excluded Features

List By

Commercial Brokers Of California

Broker

shawnsellschico@gmail.com

Affordability Calculator

$17,427

Per Month

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

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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

Multi-family listings in Chico, CA

Average List Price ^$1,039,831

Percent of Sale Price 62%

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 Multi-Family Home for sale at $2,760,000 with 15,805 sqft and a lot size of 0.65. 1120 Esplanade is a studio with 1.0 baths and 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 7/2/2026. 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

Multi-Family Home for sale in Chico, CA

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