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Two-Story Apartment Complex

1120 Esplanade Chico, CA 95926

1120 Esplanade, Chico, CA, 95926
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For Sale
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24-unit, two-story apartment complex with a central courtyard and swimming pool, positioned for residential income ownership.

Days on Market18

Property Features for 1120 Esplanade

General Information

Standard status
Active
Property subtype
Multifamily
Listing Agency Coldwell Banker C & C Properties
Listed by BRIAN LITTRELL · License #01350075
Source Crexi
Added: Jun 30 Checked: Jul 16 at 10:56 am

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker C & C Properties


Investment Insights

Based on property information with market context.

This is a two-story, 24-unit apartment complex arranged around a central courtyard. The property includes a swimming pool, wrap-around balconies, and established landscaping throughout the courtyard area, creating a cohesive common-space layout for residents.

The asset is described as centrally located in Chico, within walking distance of Chico State University, Downtown, and Chico High School. The property is also noted to be close to public transportation and to have easy freeway access.

For buyers seeking a stabilized multifamily income property, this 24-unit apartment complex offers a long-held opportunity, with the current offering presented as having a strong rental history and a balanced tenant mix. It is well-suited to investors or operators looking to own a modestly scaled residential income building with shared amenities and a courtyard-centered configuration.

Key Highlights

  • 24‑unit, two‑story apartment complex
  • Central courtyard with swimming pool
  • Wrap‑around balconies and mature landscaping

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Royal Arms Apartments Apartment Building

Suggested Use

Storage Facility Carpet & Flooring Store (Bike/Boat/Book/etc) Store Catering Service HVAC Service Nursing Home Pet Store Tanning Salon Pet Store & Service (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - 24-unit, two-story apartment complex with a central courtyard and swimming pool, positioned for residential income ownership.
Where is this apartment building located?
The property is located at 1120 Esplanade Chico, CA.
What is the asking price?
The asking price for this property is $2,760,000.
What are key features of this property?
This property features: 24‑unit, two‑story apartment complex; Central courtyard with swimming pool; Wrap‑around balconies and mature landscaping
Contact an agent
(530) 896-3166 Call to check price and availability
More about this property
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