1354 Essex Way
1354 Essex Way
$1,780,000
—
3,928
3,928
$453
Sold 1/27/23
Description
1354 Essex Way is a four-unit apartment building located in Thriving West San Jose, California. The property has an optimal unit mix with (1) three-bedroom/two-bath unit, (1) two-bedroom/two-bathroom unit, and (2) two-bedroom/one-bath units, with aggregate living space totaling almost 4,000 square feet (per county assessor). The property represents a prime investment opportunity in West San Jose with immediate access to major freeways and major employers in Silicon Valley such Apple, Google, and...1354 Essex Way is a four-unit apartment building located in Thriving West San Jose, California. The property has an optimal unit mix with (1) three-bedroom/two-bath unit, (1) two-bedroom/two-bathroom unit, and (2) two-bedroom/one-bath units, with aggregate living space totaling almost 4,000 square feet (per county assessor). The property represents a prime investment opportunity in West San Jose with immediate access to major freeways and major employers in Silicon Valley such Apple, Google, and Facebook. Residents will enjoy walking distance proximity to downtown Campbell and a short drive to Santana Row, Los Gatos, and Downtown San Jose. The offering represents a unique value add opportunity due to low in place rents. Competitive rental comparable in the immediate neighborhood suggests almost 25% loss to lease on the September 2022 rent roll, giving a savvy investor an opportunity to add value without the need for major capital improvements.
- Listed by Jimmy Castellanos • DRE #02024152 • Marcus & Millichap • 408-483-5040
Property Details for 1354 Essex Way
MLS City Name
SAN JOSE
Building TypeFOURPLEX
Garage Spaces3
Parking Spaces1
Location
LISTING UPDATED: 01/30/2023 09:27 AM
Property Details for 1354 Essex Way
Status | Sold |
---|---|
MLS # | ML81908938 |
Days on Compass | 81 |
Taxes | $22,897 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Fourplex |
Year Built | 1967 |
Lot Size | 0.18 AC / 7,643 SF |
County | Santa Clara County |
Location
Building Information for 1354 Essex Way
Stories2Residences4Year Built1967Building Size-Lot Size0.18 AC / 7,643 SF
Payment Calculator
$11,622 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1354 Essex Way
Property History for 1354 Essex Way
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1354 Essex Way
Taxable ValueLand$514,298Additions$398,397Total$912,695
Tax Record2023$12,972 ($1,081 / month)
Home Facts
Total Finished SqFt3,928 SqFtAbove Grade Finished SqFt3,928 SqFtStories2Lot Size6,120 SqFtStyleQuadraplexYear Built1967ZoningR3HCountySANTA CLARAAPN305-07-012Fireplace TypeHas Fireplace
Schools near 1354 Essex Way
This home is within Campbell Union School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Charter - | K to 5 | |||
Charter - | 5 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 8 |
Rating | School | Distance |
---|---|---|
Rosemary Elementary School CharterK to 5 | ||
Monroe Middle School Charter5 to 8 | ||
Westmont High School Public9 to 12 | ||
Campbell Distance Learning PublicK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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