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.
Pending
Listed by: Commercial Brokers of California • Shawn Smith • Contact: 530-308-7162
$2,760,000
1120 Esplanade, Chico, CA 95926
36beds
25baths
15,805sqft
Multi Family
Built in 1962
-- sqft lot
$-- Zestimate®
$175/sqft
$-- HOA
What's special
- 63 days
- 55
- 2
Zillow last checked:
Listing updated:
Listed by:
Shawn Smith DRE #01821530 530-308-7162,
Commercial Brokers of California,
Brian Littrell DRE #01350075 530-514-9035,
Commercial Brokers of California
Source: CRMLS,MLS#: SN26142170
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 36
- Bathrooms: 25
Appliances
- Laundry: Common Area, Inside
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 15,805
- Total interior livable area: 15,805 sqft
Property
Parking
- Parking features: Carport
- Has carport: Yes
Features
- Levels: Two
- Stories: 2
- Entry location: Main
- Pool features: Community, Fenced
Lot
- Size: 0.65 Acres
- Features: Street Level
Details
- Parcel number: 003101019000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1962
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Curbs, Gutter(s), Sidewalks, Pool
Location
- Region: Chico
Financial & listing details
- Price per square foot: $175/sqft
- Date on market: 6/30/2026
- Cumulative days on market: 63 days
- Listing terms: Cash,Cash to New Loan
Estimated market value
Not available
Estimated sales range
Not available
$1,491/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/31/2026 | Pending sale | $2,760,000$175/sqft |
Source:  CRMLS #SN26142170 Report a problem | ||
| 6/30/2026 | Listed for sale | $2,760,000$175/sqft |
Source: CRMLS #SN26142170 Report a problem | ||
| 5/19/2026 | Listing removed | $1,250 |
Source: Zillow Rentals Report a problem | ||
| 4/28/2026 | Listed for rent | $1,250+25% |
Source: Zillow Rentals Report a problem | ||
| 4/20/2026 | Listing removed | $1,000 |
Source: Zillow Rentals Report a problem | ||
| 3/19/2026 | Listed for rent | $1,000-28.6% |
Source: Zillow Rentals Report a problem | ||
| 1/6/2026 | Listing removed | $1,400 |
Source: Zillow Rentals Report a problem | ||
| 12/3/2025 | Price change | $1,400-9.7% |
Source: Zillow Rentals Report a problem | ||
| 11/26/2025 | Price change | $1,550-3.1% |
Source: Zillow Rentals Report a problem | ||
| 11/11/2025 | Price change | $1,600-5.9% |
Source: Zillow Rentals Report a problem | ||
| 10/21/2025 | Listed for rent | $1,700 |
Source: Zillow Rentals Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 95926
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