SOLD 01/27/2023
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Home sold for $1,780,000 in 121 days
1354 Essex Way San Jose, CA, 95117
Off the market 9 beds 3,928 sqft
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.
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Property details
3,928 sqft interior area
Property type
Home
Interior area
3,928 sqft
Land area
7,840 sqft (0.18 acres)
Price per sqft
$453/sqft
Address
1354 Essex Way, San Jose, CA, 95117
City of California
San Jose
County
Santa Clara
Sold price
$1,780,000
Year Built
1967
District
Campbell
Open Houses
No upcoming open houses
Interior Features
—
Beds
9
Heathing & Cooling
Other, Forced Air, Wall Furnace
Listed by
Jimmy Castellanos, Marcus & Millichap
Name
Jimmy Castellanos
License number
02024152
Brokerage company
Marcus & Millichap
MLS #
ML81908938
Buyer agent
Name
Tony Sum
Brokerage company
Upswing Real Estate
Payment calculator
Calculate your monthly payments
Mortgage
$5,465
Taxes
$0
HOA dues
$0
Mortgage
$356,000 / 20%
2.28%
30 years
Your amount
$5,465 / month
Lot details
TMK #30507012
Parcel nr.
30507012
95117 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
—
no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
—
no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 95117
47%
Families with children
National average: 39%
33%
Non family households
524,134
Population
$158,196
Average Income
Age & gender
Median age 38 years
More info
Commute types
86% commute by car
More info
Education level
30% have bachelor education
More info
Number of employees
2% work in management
More info
Vehicles available
41% have 2 vehicle
More info
Vehicles by gender
41% have 2 vehicle
More info
Housing market insights for
$1.75m
Neighborhood average
sales price*
sales price*
$1.74m
Neighborhood median
sales price*
sales price*
683
Number
of sales*
of sales*
Housing type
49% are single detacheds
More info
Rooms
36% of the houses have 4 or 5 rooms
More info
Bedrooms
58% have 2 or 3 bedrooms
More info
Owners vs Renters
51% are owners
More info
6.5 / 20
Below Average
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Schools
15 schools with rating up to 6
| School rating | Distance | |
|---|---|---|
|
Primary Plus Elementary School
3500 Amber Drive,
San Jose, CA 95117
Elementary School |
0.331mi | |
|
Primary Plus Elementary School
3500 Amber Drive,
San Jose, CA 95117
Middle School |
0.331mi | |
|
Heritage Academy
1250 Redoaks Drive,
San Jose, CA 95128
High School |
0.464mi | |
| School rating | Distance | |
|---|---|---|
|
Primary Plus Elementary School
3500 Amber Drive,
San Jose, CA 95117
|
0.331mi | |
|
Heritage Academy
1250 Redoaks Drive,
San Jose, CA 95128
|
0.464mi | |
| out of 10 |
George C. Payne Elementary School
3750 Gleason Avenue,
San Jose, CA 95130
|
0.655mi |
| out of 10 |
Lynhaven Elementary School
881 South Cypress Avenue,
San Jose, CA 95117
|
0.815mi |
| out of 10 |
Leroy Anderson Elementary School
4000 Rhoda Drive,
San Jose, CA 95117
|
0.869mi |
| School rating | Distance | |
|---|---|---|
|
Primary Plus Elementary School
3500 Amber Drive,
San Jose, CA 95117
|
0.331mi | |
|
Heritage Academy
1250 Redoaks Drive,
San Jose, CA 95128
|
0.464mi | |
|
Community Day School
2945 Van Sansul Avenue,
San Jose, CA 95128
|
0.829mi | |
| out of 10 |
Monroe Middle School
1055 South Monroe Street,
San Jose, CA 95128
|
0.942mi |
| out of 10 |
Discovery Charter School
4021 Teale Avenue,
San Jose, CA 95117
|
0.969mi |
| School rating | Distance | |
|---|---|---|
|
Heritage Academy
1250 Redoaks Drive,
San Jose, CA 95128
|
0.464mi | |
| out of 10 |
Boynton High School
901 Boynton Avenue,
San Jose, CA 95117
|
1.035mi |
|
As-Safa Institute/As-Safa Academy
4250 Latimer Avenue,
San Jose, CA 95130
|
1.303mi | |
| out of 10 |
Del Mar High School
1224 Del Mar Avenue,
San Jose, CA 95128
|
1.447mi |
|
Beginning Steps To Independence
383 Spar Ave,
San Jose, CA 95117
|
1.462mi | |
School ratings provided by Greatschools.org
© 2023. All rights reserved.
Price history
Sold Jan 27, 2023
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Jan 27, 2023 | Sold | $1,780,000 | 453.16 | Public Record |
| Jan 27, 2023 | Price Decrease | $1,780,000 -1.11% | 453.16 | MLS #ML81908938 |
| Jan 12, 2023 | Pending | $1,800,000 | 458.25 | MLS #ML81908938 |
| Dec 21, 2022 | Under contract | $1,800,000 | 458.25 | MLS #ML81908938 |
| Dec 2, 2022 | Price Decrease | $1,800,000 -4.26% | 458.25 | MLS #ML81908938 |
| Sep 29, 2022 | New Listing | $1,880,000 | 478.62 | MLS #ML81908938 |
Taxes of 1354 Essex Way, San Jose, CA, 95117
R3H zoning / MLS #ML81908938
Zoning
R3H
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Frequently Asked Questions about 1354 Essex Way
What is 1354 Essex Way?
1354 Essex Way, San Jose, CA, 95117 is a single family home located in the city of San Jose, California with zipcode 95117. This single family home has 9 bedrooms with an interior area of 3,928 sqft.
Which year was this home built?
This home was build in 1967.
Which year was this property last sold?
This property was sold in 2023.
What is the full address of this Home?
1354 Essex Way, San Jose, CA, 95117.
Are grocery stores nearby?
The closest grocery stores are Grocery Outlet, 0.62 miles away and Safeway 3241, 0.75 miles away.
What is the neighborhood like?
The 95117 zip area has a population of 524,134, and 47% of the families have children. The median age is 38.53 years and 86% commute by car. The most popular housing type is "single detached" and 51% is owner.
Based on information from the bridgeMLS as of 04-26-2024. 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.
Listing last updated on: Jan 31, 2023
Verhouse Last checked 2 minutes ago
The closest grocery stores are Grocery Outlet, 0.62 miles away and Safeway 3241, 0.75 miles away.
The 95117 zip area has a population of 524,134, and 47% of the families have children. The median age is 38.53 years and 86% commute by car. The most popular housing type is "single detached" and 51% is owner.
*Neighborhood & street median sales price are calculated over sold properties over the last 6 months.
