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Two-Residence Short-Term Rental Property
For Sale
$699,999

1050 Esplanade, Chico, CA 95926

Commercial Sale, Chico, CA

Property SizeContact for details
Days on Market9

Property Features for 1050 Esplanade

General Information

Property type Commercial Sale
Property subtype Other
Directions Corner of E. 1st Avenue and Esplanade
Standard status Active
APN 003104001000

Additional Details

Currently Operating Yes

Utilities

Cooling system Central Air

Amenities

sunroom
pool
fruit trees
private laundry
pool house
handicap-accessible features

Building Details

Year built 1920
Listing Agency: Platinum Partners Real Estate
Listed By: Marisa Bauer · License #01418223
Added: Oct 26 Changed: Nov 2 Last Checked: Nov 3 at 9:06AM
MLS# SN26234676

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This Chico property includes two residences: a main home built in 1920 and a permitted cottage converted from a garage. The main house has original hardwood floors, high ceilings, a sunroom, and three bathrooms; one bathroom has accessibility features. Central air serves the property. The cottage has a separate address and private laundry. A pool house adds an on-demand water heater and a newer split HVAC system, while the outdoor area includes a swimming pool and peach, cherry, and fig trees. The pool was resurfaced last year, and the sewer line was replaced.

Commercial zoning supports a range of potential arrangements. The two homes have operated as short-term rentals, and the property is near Downtown Chico, Bidwell Park, schools, restaurants, and shopping.

Key Highlights

  • Two separate residences, including a permitted cottage with its own address
  • Main home built in 1920; three bathrooms, original hardwood floors, high ceilings, and a sunroom
  • Commercial zoning; both residences have operated as short‑term rentals

Property Analytics

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Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,836
Businesses Nearby

Demographics for 95926, CA

41,259
Population
18,566
Households
2.2
Avg Household Size
31
Median Age
45%
College-Educated
96%
High-School Grad
7.8 sq mi
ZIP Area
5,290
Density / Sq Mi
$62,334
Median Household Income
$27,870
Median Earnings
$1,418
Median Rent
$462,900
Median Home Value
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Short term rental property - A permitted cottage and pool house complement the primary residence, with a swimming pool and commercial zoning.
Where is this short term rental property located?
The property is located at 1050 Esplanade Chico, CA.
What is the asking price?
The asking price for this property is $699,999.
What are key features of this property?
This property features: Two separate residences, including a permitted cottage with its own address; Main home built in 1920; three bathrooms, original hardwood floors, high ceilings, and a sunroom; Commercial zoning; both residences have operated as short‑term rentals
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