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1120 Esplanade, Chico, CA 95926

  • $2,760,000

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  • —

    bed

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    bath

Multi-family for sale 2 days
Movoto is helping 26 homebuyers near you

About 1120 Esplanade

Property type Multi-family
Neighborhood
Year built 1962
HOA fee $0/month
Lot size 0.65 Acre
Movoto estimate
Rental estimate
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.
Listed by
Listing Agent - Shawn Smith
Listing Agent Contact: 530-308-7162
Listing Office - Commercial Brokers of California
Source: CRMLS mls logo
MLS#SN26142170 • last updated 2 days ago
Movoto checked CRMLS for data 3 minutes ago
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Overview
Levels/Style Two
Type Residential Income
SubType Apartment
Status Active
Lot Size (Acres) 0.65
Lot Size (SqFt) 28314
Year Built 1962
Interior
Exterior
Building Area Square Feet, 15805
Parking Carport
Lot Description Level With Street
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Location
County Butte
Community Features Gutters, Curbs, Sidewalks
Directions Cross Street: E 1st Ave
APN 3101019000
Multifamily Details
Vacancy Allowance Rate 5
Vacancy Allowance 15936
Expense: Trash 6229
Laundry Income 3301
Operating Expense 144941
Expense: Insurance 17705
Total Expenses 144941
Expense: Water/ Sewer 4628
Gross Income 318720
Expense: Electric 16731
Gross Scheduled Income 318726
Expense: Fuel 16731
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6/10
Citrus Avenue Elementary School
public Grades K-5
Chico Unified School District
6/10
Chico Junior High School
public Grades 6-8
Chico Unified School District
8/10
Chico High School
public Grades 9-12
Chico Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

Around The Avenues

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68/100
Walk
68/100
Family
50/100
Dining
78/100
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  • 1120 Esplanade

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CRMLS Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
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