$1,450,000
PENDING

1017 Esplanade Chico, CA 95926

Chico Area

Estimated payment $9,412/month

14 Beds
14 Baths
10,243 Sq Ft
$142 Price per Sq Ft

About This Home

Classic Esplanade Charmer! This 12 plex apartment building is 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.

Listing Agent

Shawn Smith

Commercial Brokers of California Brokerage Phone: 530-308-7162 License #01821530 Listed on: 07/31/2026

Co-Listing Agent

Brian Littrell

Commercial Brokers of California Brokerage Phone: 530-308-7162 License #01350075

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Lot Details

  • 16,117 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 10,243 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 14 Bathrooms

Listing and Financial Details

  • Legal Lot and Block F / A
  • Assessor Parcel Number 003096015000
  • $6,089 per year additional tax assessments

Community Details

Building Details

  • 12 Leased Units
  • Rent Control
  • 13 Separate Electric Meters
  • 12 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $4,514
  • Fuel Expense $4,514
  • Insurance Expense $10,043
  • Professional Management Expense $12,780
  • Trash Expense $4,085
  • Water Sewer Expense $3,149
  • Operating Expense $80,066
  • Gross Income $165,162
  • Net Operating Income $85,096

Additional Features

  • 12 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

0.37 Acres

Listing Details

  • Professional Management Expense: 12780.00
  • Property Attached: Yes
  • Water Sewer Expenses: 3149.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 003096015000
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 141.56

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 4085.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 16117.00
  • Lot Size Acres: 0.3700

Multi Family

  • Electric Expense: 4514.00
  • Fuel Expense: 4514.00
  • Gross Income: 165162.00
  • Gross Scheduled Income: 165162.00
  • Insurance Expense: 10043.00
  • Lot Size Area: 16117.0000 Square Feet
  • Net Operating Income: 85096.00
  • Number Of Separate Electric Meters: 13
  • Number Of Separate Gas Meters: 12
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 12
  • Number Of Units Total: 12
  • Operating Expense: 80066.00
  • Rent Control: Yes
  • Total Expenses: 80066.00

Tax Info

  • Tax Block: A
  • Tax Lot: F
  • TaxOtherAnnualAssessmentAmount: 6089.35

Map

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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/31/2026 07/31/26 Pending -- -- --
07/31/2026 07/31/26 For Sale $1,450,000 -- $142 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN26167282

California Regional Multiple Listing Service (CRMLS)
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