1120 Esplanade Chico, CA 95926
Chico Vecino NeighborhoodEstimated payment $17,668/month
Highlights
- 0.65 Acre Lot
- Community Pool
- Level Lot
- Chico Junior High School Rated A-
About This Home
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.
Listing Agent
Commercial Brokers of California Brokerage Phone: 530-308-7162 License #01821530 Listed on: 06/30/2026
Co-Listing Agent
Commercial Brokers of California Brokerage Phone: 530-308-7162 License #01350075
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1962
Lot Details
- 28,314 Sq Ft Lot
- Two or More Common Walls
- Level Lot
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 15,805 Sq Ft Home
- 2-Story Property
- Laundry in unit
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Parking
- Carport
- Parking Available
Outdoor Features
- Fence Around Pool
- Rain Gutters
Listing and Financial Details
- Legal Lot and Block 5,6 / 50
- Assessor Parcel Number 003101019000
Community Details
Recreation
- Community Pool
Building Details
- 23 Leased Units
- Rent Control
- 25 Separate Electric Meters
- 25 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $16,731
- Fuel Expense $16,731
- Insurance Expense $17,705
- Professional Management Expense $22,615
- Trash Expense $6,229
- Water Sewer Expense $4,628
- Operating Expense $144,941
- Gross Income $318,720
- Net Operating Income $157,843
Additional Features
- 24 Units
- Laundry Facilities
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 06/30/2026 06/30/26 | For Sale | $2,760,000 | -- | $175 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SN26142170
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
- 1050 Esplanade
- 934 Esplanade
- 1244 Magnolia Ave Unit 3
- 131 W 3rd Ave
- 183 E Washington Ave
- 1150 Arcadian Ave
- 1362 Magnolia Ave
- 1224 Spruce Ave
- 690 Esplanade
- 487 E 3rd Ave Unit A & B
- 557 E 1st Ave
- 1170 Hobart St
- 486 E 5th Ave
- 349 W 6th Ave
- 1617 Arcadian Ave
- 1609 Citrus Ave
- 609 Rancheria Dr
- 618 Rancheria Dr
- 1825 Magnolia Ave
- 1412 N Cherry St Unit 2
- 1045 Esplanade
- 184 E Washington Ave
- 202 W 2nd Ave Unit 1
- 202 W 2nd Ave Unit 2
- 143 W 3rd Ave
- 220 W 1st Ave Unit B
- 179 E Lincoln Ave Unit 179
- 1151 Arcadian Ave
- 341 W 1st Ave Unit 341 W 1st Ave.
- 485 E 1st Ave
- 477 E Sacramento Ave
- 1119 Citrus Ave Unit House
- 1161 Citrus Ave
- 432 W 1st Ave
- 1321 Palm Ave
- 524 W 1st Ave
- 1608 Laburnum Ave
- 324 Mansion Ave
- 500 Esplanade Rd
- 1256 Warner St Unit C
Ask me questions while you tour the home.