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1120 Esplanade, Chico, CA 95926

Commercial property · 2 recorded sales since 2026

1120 Esplanade, Chico, CA 95926 Sold October 2026 CRMLS
$2,760,000Sold October 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

15,805
Building Sq Ft
24
Units
28,314 sqft
Lot Size
1962
Year Built
Commercial property
Type

How this sale compares

1120 Esplanade sold for $2,760,000 in October 2026, at its full list price, after 31 days on the market.

31
Days on market

Figures are MLS-reported closed sales (CRMLS). Nalren does not estimate values.

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.

Listing description from the October 2026 sale, as reported to CRMLS.

Sale history

$2,760,000
Sold October 2026 · on market June 2026, 31 days on market · MLS #SN26141996 · Source: CRMLS
Listing Agent: Michael Donnelly · Listing Office: Commercial Brokers of California · Contact: 530-828-0011 · Bought with: Ryan Vaught · Ryno Company
$2,470,000
Sold October 2026 · listed $2,760,000, on market June 2026, 30 days on market · MLS #SN26142170 · Source: CRMLS
Listing Agent: Shawn Smith · Listing Office: Commercial Brokers of California · Contact: 530-308-7162 · Bought with: Ryan Vaught · Ryno Company
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