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$2,760,000

  • For Sale
  • Active
  • Multi-Family
  • Updated 13 days ago
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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.

Full Property Details for 1120 Esplanade

General

  • Price: $2,760,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: SN26142170
  • Updated: 7/1/2026
  • Days on Market: 14 days
  • Added to Site: 14 day(s) ago

Rooms

Other Rooms

  • Laundry: Inside, Community

Additional Information

  • Pool Description: Fenced, Community

Parking

  • Parking Features: Carport
  • Parking: Carport

Location

  • County: Butte
  • Driving Directions: Cross Street: E 1st Ave

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 25
  • # Electric Meters: 25

Structural Information

  • Entry Location: Main
  • Stories/Levels: Two
  • Stories Description: Two
  • Square Feet: 15,805
  • Year Built: 1962

Unit Information

Unit 1

  • Number of Units: 13
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 2

  • Number of Units: 10
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 3

Lot Features

  • Lot Size (Acres): 0.65
  • Lot Size (Sq. Ft.): 28,314
  • Lot Size Source: Assessor
  • Lot Description: Level with Street

Financial Considerations

  • Price Per Sq. Ft.: $174.63
  • Price Per Unit: 115000

Listed by Commercial Brokers of California, Shawn Smith and Commercial Brokers of California, Brian Littrell

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Listing agents

— 1120 Esplanade —

  • Shawn Smith

    Commercial Brokers of California

  • Brian Littrell

    Commercial Brokers of California

530-308-7162

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1120 Esplanade

School District:Chico Unified School District
NameGradesDistance
Citrus Avenue Elementary School
1350 Citrus Avenue, Chico, CA 95926
K-50.4 mi
Chico Junior High School
280 Memorial Way, Chico, CA 95926
6-80.4 mi
Chico High School
901 Esplanade, Chico, CA 95926
9-120.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1120 Esplanade Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/30/2026
Listed
$2,760,000
4500%
MLS
12/30/1999
Sold
$60,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1120 Esplanade

Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,561
6%
$733,566
2%
2024
$8,040
1%
$719,242
2%
2023
$7,946
2%
$705,199
2%
2022
$7,809
2%
$691,431
2%
2021
$7,664
—
$677,933
1%
2020
$7,643
2%
$671,013
2%
2019
$7,507
2%
$654,916
2%
2018
$7,371
2%
$642,075
2%
2017
$7,216
9%
$629,486
2%
2016
$6,592
—
$617,144
2%
2015
$6,592
2%
$607,875
2%
2014
$6,435
—
$595,969
—
2013
$6,467
—
$593,277
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Commercial Brokers of California, Shawn Smith and Commercial Brokers of California, Brian Littrell

1120 Esplanade, Chico, CA 95926 (MLS# SN26142170) is a Multi-Family property with 24 units containing 0 bedrooms and 0 full bathrooms. 1120 Esplanade is currently listed for $2,760,000 and was received on June 30, 2026. Want to learn more about 1120 Esplanade? Do you have questions about finding other Multi-Family real estate for sale in Chico? You can browse all Chico real estate or contact a Coldwell Banker agent to request more information.

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