1342 Essex Way, San Jose
Large 4plex with Outstanding Unit Mix - Remodeled and Strong Upside
Marketing 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.
Investment highlights
- 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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