Magnify Equity

FOR SALE   |  ACTIVE

1342 ESSEX WAY, SAN JOSE

Attractive Acquisition Opportunity

Offered at $1.95M, this property represents a compelling investment opportunity
with an excellent foundational structure and strong real estate fundamentals. Its
combination of large floorplans, premium submarket positioning, and substantial
parking makes it an excellent fit for investors seeking a 1031 exchange replacement
property or a long-term wealth-building asset.

Stable Cash Flow

With its highly rentable configurations and strong historical occupancy, investors
can enjoy reliable monthly revenue from a stabilized tenant base while benefiting
from a property footprint built for low tenant turnover.

Long-Term Value Creation

Benefit from the West San Jose/Campbell corridor's continued economic expansion,
strong tenant demand, and strategic location within Silicon Valley. As one of the
region's most desirable and supply-constrained rental markets, the area offers
a proven track record of rent growth, property appreciation, and long-term investment
stability.

Prime Investment Opportunity

Just Listed! 8-Unit Multifamily in North Oakland

Located in a premier West San Jose neighborhood bordering Campbell, 1342 Essex Way presents a rare opportunity to acquire a substantial 4-unit multifamily asset in one of the South Bay’s most stable rental markets. Comprising 3,928 building square feet on a 6,120 square foot parcel, this well-maintained property combines strong in-place cash flow with tangible revenue upside in a highly sought-after Silicon Valley corridor.

Desirable & Diverse Unit Mix

Unlike typical fourplexes, this asset features an attractive, high-demand unit configuration consisting of (1) 3-Bed/2-Bath, (1) 2-Bed/2-Bath, and (2) 2-Bed/1-Bath units. The largest 3-bedroom unit has been beautifully remodeled with a private yard, dual-pane windows, and central heating, offering premium rental income or an ideal setup for an owner-occupant.

Premier West San Jose/Campbell Border Location

Situated in a high-barrier-to-entry submarket, residents enjoy a highly convenient lifestyle with rapid access to Downtown Campbell, Santana Row, and Westfield Valley Fair. The strategic location serves as a major draw for affluent professional tenants due to its seamless commute to Apple, NVIDIA, Netflix, and Adobe.

Exceptional Parking Infrastructure

A massive competitive advantage for tenant attraction and retention is the property's rare parking capacity, featuring 6 enclosed garages plus 6 additional tandem spaces. This significant amenity reduces neighborhood friction and provides potential for additional storage income or future optimization.

Proven Market Resilience & Upside Potential

Several units already feature key interior upgrades, including vinyl plank flooring, custom tile, and updated kitchens/bathrooms. This allows an investor to capture steady returns from day one while strategically capitalising on remaining rental upside as the West San Jose market continues to outpace broader regional averages.

The Real Estate Company You Can Trust To Keep It Real.

With over $700M+ in Transaction Value and an exceptional team of market leaders, Magnify has a proven track record of successful real estate deals. Trust our expertise to unlock the full potential of your investments.

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Seize the Opportunity Today!

Contact our listing agents to schedule a tour and explore the potential of this deal. This is your chance to secure a prime property in Silicon Valley.