Commercial property · 2 recorded sales since 2026
Listing Agent: Michael Donnelly (DRE #01429436) · Listing Office: Commercial Brokers of California · Contact: 530-828-0011 · Bought with: Ryan Vaught · Ryno Company · MLS #SN26141996 · Source: CRMLS
1120 Esplanade sold for $2,760,000 in October 2026, at its full list price, after 31 days on the market.
Figures are MLS-reported closed sales (CRMLS). Nalren does not estimate values.
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.
Listing description from the October 2026 sale, as reported to CRMLS.