1120 Esplanade, Chico, CA 95926

$2,760,000

$2,760,000

Est.Price: ?

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Est. payment /mo

0.65 Acres Lot


SOLD DATE : 10/28/2026

Key Details

Sold Price $2,760,000

Property Type Commercial

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SN26141996

Sold Date 10/28/26

HOA Y/N No

Year Built 1962

Lot Size 0.650 Acres

Property Sub-Type Multi Family

Property Description

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.

Location

State CA

County Butte

Interior

Fireplace No

Laundry Common Area, Inside

Building

Lot Description Street Level

Story 2

Water Public

Others

Tax ID 003101019000

Financing Conventional

Special Listing Condition Standard

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Listed by Michael Donnelly Commercial Brokers of California 530-828-0011, DRE #01429436
Bought with Ryan Vaught Ryno Company
Nearby Locations
Peter Lorimer

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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