1342 Essex WAY, San Jose, CA 95117

$1,950,000
9
BD
3,928
SqFt

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Listed by David Katz, 408-438-0585 from Magnify Real Estate
(If provided) CoList: Eric Katz from Magnify Real Estate

List Price
$1,950,000
MLS#
ML82052013
Status
ACTIVE
Zoning
R3H
Year Built
1967
City
San Jose
Lot Size
6,120
Zip
95117
Sqft. of Residence
3,928
Listing Area
Campbell
Neighborhood
Lexington Maria, Winchester

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.

Additional Information

Cooling System
None
Foundation
Concrete Perimeter, Post and Pier
Garage Parking
Attached Garage, Tandem Parking
Heating System
Central Forced Air
Laundry Facilities
Coin Operated, Washer/Dryer - Some Units
Living Area
3,928
Lot Size
6,120
Neighborhood
Campbell
Other Utilities
Individual Electric Meters, Individual Gas Meters, Public Utilities
Roof
Composition, Shingle
Sewer
Sewer - Public
Unit1 Beds
3
Unit1 Rent
3412
Unit2 Beds
2
Unit2 Rent
2310
Unit3 Beds
2
Unit3 Rent
2695
Unit4 Beds
2
Unit4 Rent
2520
Water
Public
Zoning
R3H

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