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Berkshire Hathaway HomeServices California Properties

1120 Esplanade, Chico, CA 95926

$2,760,000 Approx. USD

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575

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Listing Agent

Shawn Smith | shawnsellschico@gmail.com
Lic#: 01821530
Broker: Courtesy of Commercial Brokers of California
Phone: 530-308-7162

Co Listing Agent

Brian Littrell | blittrell@gmail.com
Lic#: 01350075
Broker: Courtesy of Commercial Brokers of California
Phone: 530-514-9035

Listing Details

Property type: Apartment (Multi-Family)

Property Sub-Type:

Status: Pending

Listing ID: SN26142170

Price: $2,760,000

Rental Rate: $2,760,000

Lot Size:

Built in 1962

2 stories

0.65 acres

County: Butte

Parking description: Carport

Lot description: Street Level

Last Updated: 7/31/2026

Days On Market (DOM): 30

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Lat/Long: 39.738517, -121.845424.
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Lot Details

Easement Present: (Easement present. For more information, contact agent.)

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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.

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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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