1342 Essex Way, San Jose, CA, CA 95117
- $1,950,000
- 3,928
- SqFt
- List Price
- $1,950,000
- Status
- ACTIVE
- MLS#
- ML82052013
- County
- Santa Clara
- Year Built
- 1967
- Building Square Feet
- 3,928
- Square Feet
- 6,120
- Days on Market
- 33
- Property Type
- Multifamily
Property Description
Magnify is pleased to present 1342 Essex Way, a large 4plex located in a premier West San Jose neighborhood bordering Campbell. Built in 1967, the property consists of 3,928 building square feet on a 6,120 square foot parcel. The building features an attractive and diverse unit mix of (1) 3-Bed/2-Bath, (1) 2-Bed/2-Bath, and (2) 2-Bed/1-Bath units catering to a broad tenant base. The spacious 3BD/2BA has been nicely remodeled and offers excellent owner-occupant potential with a yard, dual-pane windows, and central heating. The property also benefits from 6 enclosed garages and 6 additional tandem spaces, providing ample parking for residents. Several units feature key interior upgrades, including vinyl plank flooring, tile, and updated kitchens/bathrooms. Positioned in one of Silicon Valley's strongest rental markets, this location offers convenient access to Downtown Campbell, Santana Row, Valley Fair, and major employers including Apple, NVIDIA, Netflix, Adobe, and more. With its desirable unit mix, strong rental appeal, and exceptional location near shopping, dining, transportation, and major job centers, 1342 Essex Way presents investors with a rare opportunity to acquire a quality asset with tangible upside in a highly sought-after West San Jose submarket.
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Additional Information
- Taxes
- $25,884
- Parcel Number
- 30507014
- Gross Scheduled Income
- $131,964
- Number of Buildings
- 1
- Heat
- Central
- Cooling
- Yes
- Roof
- Composition, Shingle
- Garage Spaces Total
- 6
- Sewer
- Public Sewer
- Water
- Public
- School District
- Other
Listing courtesy of Listing Agent: David Katz (david@magnifyequity.com) from Listing Office: Magnify Real Estate.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.