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,… Read More (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. Read Less
Courtesy of Magnify Real Estate, David Katz 408-438-0585
Listing Snapshot
Days Online
2
Last Updated
Property Type
Fourplex
Square Ft.
3,928
Lot Size
0.14 Acres
Year Built
1967
MLS Number
ML82052013
30 Days Snapshot Of 95117
$1.84M
+45%
(avg) sold price
15
+36%
homes sold
22
-33%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
Max Area: 6120.00, Max Area Units: Square Feet
Unit One
3 bedrooms in unit 1, Unit 1 rent: $3,412
Unit Two
2 bedrooms in unit 2, Unit 2 rent: $2,310
Unit Three
2 bedrooms in unit 3, Unit 3 rent: $2,315
Unit Four
2 bedrooms in unit 4, Unit 4 rent: $2,520
Accessibility Features
None
Building
Built in 1967, 4 building units, 1 building, 3,928 structure square feet
Roof
Composition, Shingle
Utilities
Individual Electric Meters, Individual Gas Meters, Public Utilities
Sewer
Sewer - Public
Security Features
None
Heating
Central Forced Air
Cooling
None
Foundation
Concrete Perimeter, Post and Pier
Laundry
Coin Operated, Washer/Dryer - Some Units
Water Features
Public
Garage
6 garage spaces
Parking
6 parking spaces
Miscellaneous
Vacancy factor: 3
Tenant Pays
Utilities - Electric, Utilities - Gas
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