1017 Esplanade Chico, CA 95926

$1,450,000 Pending

About the Property

Classic Esplanade Charmer! This 12 plex apartment building is 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.

Property Information

Size 10,243 SqFt
Price/SqFt $142
Lot Size 0.37 Acres
Year Built 1973
Property Type Residential Income
Listing Number SN26167282
Listed 7/30/2026
Modified 7/31/2026
Listing Agent Shawn Smith
Listing Office Commercial Brokers of California
Total Building 1
Total Units 12

Property Features

# Electric Meters
  • 13
# Gas Meters
  • 12
# Units Leased
  • 12
# Water Meters
  • 1
Community Features
  • Curbs
Garage Spaces
  • 0.00
Gross Income
  • 165162.00
Gross Scheduled Income
  • 165162.00
Levels
  • Two
Net Operating Income
  • 85096.00
Operating Expense
  • 80066.00
Pool
  • None
Price Pe rUnit
  • 120833
Sewer
  • Public Sewer
StoriesTotal
  • 2
Total Expenses
  • 80066.00
Water Source
  • Public