For sale

Listed by: Commercial Brokers of California • Shawn Smith • Contact: 530-308-7162

$2,760,000

1120 Esplanade, Chico, CA 95926

36beds

25baths

15,805sqft

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Multi Family

Built in 1962

-- sqft lot

$-- Zestimate^®

$175/sqft

$-- HOA

What's special

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.

7 days

256

11

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Facts & 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: 7 days
Listing terms: Cash,Cash to New Loan

Estimated market value

Not available

Estimated sales range

Not available

$1,205/mo

Price history

Date	Event	Price
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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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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