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.
MLS #
ML81908938
MLS Source
MLSListings, Inc.
Cooling
Other, Window/Wall Unit
Heating
Central Forced Air - Gas, Wall Furnace
Roof
Composition
Foundation
Concrete Perimeter
Garage/Parking
Attached Garage, Garage: 3 Car(s)
Elementary District
Campbell Union Elementary
High School District
Campbell Union High
Sewer
Public Sewer
Water
Public
Zoning
R3H
# Buildings | # Leased Units | # Total Units |
---|---|---|
– | 4 | – |
Unit # | Sq Ft | Beds | Baths | Rent |
---|---|---|---|---|
1 | – | 3 | 2/0 | $2,750 |
2 | – | 2 | 1/0 | $2,100 |
3 | – | 2 | 1/0 | $1,980 |
4 | – | 2 | 2/0 | $2,650 |
1354 Essex Way is a Residential Income in San Jose, CA 95117. This 3,928 square foot property sits on a 7,643 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,780,000 and was built in 1967.
This address can also be written as 1354 Essex Way, San Jose, CA 95117.©2024 MLSListings Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.
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This listing information is up-to-date as of June 25, 2024. For the most current information, please contact Jimmy Castellanos, (408) 483-5040