1120 Esplanade, Chico, CA 95926
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$2,760,000
Est. payment /mo
6 Beds
4 Baths
0.65 Acres Lot
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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SN26142170

Bedrooms 6

Lot Size 0.650 Acres

Property Sub-Type Res Income 2-4 Units

Property 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.

Location

State CA

County Butte

Zoning Public Rec

Direction Cross Street: E 1st Ave

Interior

Fireplace No

Exterior

Pool Community/Common

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 003101019000

Acceptable Financing Cash

Listing Terms Cash


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MLS Router / San Diego MLS
Listed by Shawn Smith, DRE#01821530 Commercial Brokers of California 

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Margaret DeLao

Margaret DeLao

+1(858) 229-8016

Realtor | License ID: 01377428

Realtor License ID: 01377428

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