----

**Exhibit        21.1**

**List        of Subsidiaries**

|   | 1. | Essex                  Portfolio, L.P., a California limited                  partnership |
|--------|----|-------------------------------------------------------------------------------------------|

|   | 2. | Essex                  Management Corporation, a California                  corporation |
|--------|----|------------------------------------------------------------------------------------------|

|   | 3. | Essex-Palisades                  Facilitator, a California limited                  partnership |
|--------|----|-------------------------------------------------------------------------------------------------|

|   | 4. | Essex                  Sunpointe Limited, a California limited                  partnership |
|--------|----|---------------------------------------------------------------------------------------------|

|   | 5. | Essex                  Washington Interest Partners, a California general                  partnership |
|--------|----|--------------------------------------------------------------------------------------------------------|

|   | 6. | Essex                  San Ramon Partners L.P., a California limited partnership |
|--------|----|----------------------------------------------------------------------------------|

|   | 7. | Essex                  Fidelity I Corporation, a California                  corporation |
|--------|----|------------------------------------------------------------------------------------------|

|   | 8. | Essex                  Camarillo Corporation, a California                  corporation |
|--------|----|-----------------------------------------------------------------------------------------|

|   | 9. | Essex                  Camarillo L.P., a California limited partnership |
|--------|----|-------------------------------------------------------------------------|

|   | 10. | Essex                  Meadowood Corporation, a California                  corporation |
|--------|-----|-----------------------------------------------------------------------------------------|

|   | 11. | Essex                  Meadowood, L.P., a California limited                  partnership |
|--------|-----|-------------------------------------------------------------------------------------------|

|   | 12. | Essex                  Bunker Hill Corporation, a California                  corporation |
|--------|-----|-------------------------------------------------------------------------------------------|

|   | 13. | Essex                  Bunker Hill, L.P., a California limited partnership |
|--------|-----|----------------------------------------------------------------------------|

|   | 14. | Essex                  Treetops Corporation, a California                  corporation |
|--------|-----|----------------------------------------------------------------------------------------|

|   | 15. | Essex                  Treetops, L.P., a California limited partnership |
|--------|-----|-------------------------------------------------------------------------|

|   | 16. | Essex                  Bluffs, L.P., a California limited                  partnership |
|--------|-----|----------------------------------------------------------------------------------------|

|   | 17 | Essex                  Huntington Breakers, L.P., a California limited                  partnership |
|--------|----|-----------------------------------------------------------------------------------------------------|

|   | 18. | Essex                  Stonehedge Village, L.P., a California limited                  partnership |
|--------|-----|----------------------------------------------------------------------------------------------------|

|   | 19. | Essex                  Bridle Trails, L.P., a California limited                  partnership |
|--------|-----|-----------------------------------------------------------------------------------------------|

|   | 20. | Essex                  Spring Lake, L.P., a California limited                  partnership |
|--------|-----|---------------------------------------------------------------------------------------------|

|   | 21. | Essex                  Maple Leaf, L.P., a California limited                  partnership |
|--------|-----|--------------------------------------------------------------------------------------------|

|   | 22. | Fountain                  Court Apartment Associates, L.P., a Washington limited                  partnership |
|--------|-----|---------------------------------------------------------------------------------------------------------------|

|   | 23. | Essex                  Fountain Court, LLC, a Washington limited liability                  company |
|--------|-----|-----------------------------------------------------------------------------------------------------|

|   | 24. | Essex                  Inglenook Court, LLC, a Delaware limited liability                  company |
|--------|-----|----------------------------------------------------------------------------------------------------|

|   | 25. | Essex                  Wandering Creek, LLC, a Delaware limited liability                  company |
|--------|-----|----------------------------------------------------------------------------------------------------|

|   | 26. | Essex                  Columbus, LLC, a Delaware limited liability                  company |
|--------|-----|---------------------------------------------------------------------------------------------|

|   | 27. | Essex                  Lorraine, LLC, a Delaware limited liability                  company |
|--------|-----|---------------------------------------------------------------------------------------------|

|   | 28. | Essex                  Glenbrook, LLC, a Delaware limited liability                  company |
|--------|-----|----------------------------------------------------------------------------------------------|

|   | 29. | Essex                  Euclid, LLC, a Delaware limited liability                  company |
|--------|-----|-------------------------------------------------------------------------------------------|

|   | 30. | Essex                  Lorraine, Inc., a California                  corporation |
|--------|-----|----------------------------------------------------------------------------------|

|   | 31. | Essex                  Columbus, Inc., a California                  corporation |
|--------|-----|----------------------------------------------------------------------------------|

|   | 32. | Richmond                  Essex L.P., a California limited                  partnership |
|--------|-----|-----------------------------------------------------------------------------------------|

|   | 33. | Essex                  Los Angeles L.P., a California limited                  partnership |
|--------|-----|--------------------------------------------------------------------------------------------|

|   | 34. | Essex                  VFGP L.P., a California limited                  partnership |
|--------|-----|-------------------------------------------------------------------------------------|

|   | 35. | Essex                  VFGP Corporation, a Delaware                  corporation |
|--------|-----|----------------------------------------------------------------------------------|

|   | 36. | Essex                  Anaheim, LLC, a Delaware limited liability                  company |
|--------|-----|--------------------------------------------------------------------------------------------|

|   | 37. | Jackson                  School Village, L.P. a California limited                  partnership |
|--------|-----|-------------------------------------------------------------------------------------------------|

|   | 38. | Mount                  Sutro Terrace Associates, L.P., a California limited                  partnership |
|--------|-----|----------------------------------------------------------------------------------------------------------|

|   | 39. | Essex                  Carlyle, L.P., a California limited                  partnership |
|--------|-----|-----------------------------------------------------------------------------------------|

|   | 40. | Essex                  Kelvin Apartments, L.P., a California limited                  partnership |
|--------|-----|---------------------------------------------------------------------------------------------------|

|   | 41. | Essex                  Apartment Value Fund L.P., a Delaware limited                  partnership |
|--------|-----|---------------------------------------------------------------------------------------------------|

|   | 42. | Essex                  Internet Realty Partners, G.P., a California general                  partnership |
|--------|-----|----------------------------------------------------------------------------------------------------------|

|   | 43. | ESG                  Property I LLC, a Delaware limited liability                  company |
|--------|-----|--------------------------------------------------------------------------------------------|

|   | 44. | Lineberry                  Sammamish, LLC, a Washington limited liability                  company |
|--------|-----|----------------------------------------------------------------------------------------------------|

|   | 45. | Essex                  Carlyle, LLC, a Delaware limited liability                  company |
|--------|-----|--------------------------------------------------------------------------------------------|

|   | 46. | Essex                  Wimbledon Woods Apartments, LLC, a Delaware limited liability company |
|--------|-----|----------------------------------------------------------------------------------------------|

|   | 47. | Essex                  Cochran, L.P., a California limited                  partnership |
|--------|-----|-----------------------------------------------------------------------------------------|

|   | 48. | Essex                  Cochran, LLC, a Delaware limited liability                  company |
|--------|-----|--------------------------------------------------------------------------------------------|

|   | 49. | Essex                  Kings Road, L.P., a California limited                  partnership |
|--------|-----|--------------------------------------------------------------------------------------------|

|   | 50. | Essex                  Kings Road, LLC, a Delaware limited liability                  company |
|--------|-----|-----------------------------------------------------------------------------------------------|

----

|   | 51. | Essex                  Le Parc, L.P., a California limited                  partnership |
|--------|-----|-----------------------------------------------------------------------------------------|

|   | 52. | Essex                  Le Parc, LLC, a Delaware limited liability                  company |
|--------|-----|--------------------------------------------------------------------------------------------|

|   | 53. | Essex                  Monterey Villas, L.P., a California limited                  partnership |
|--------|-----|-------------------------------------------------------------------------------------------------|

|   | 54. | Essex                  Monterey Villas, LLC, a Delaware limited liability                  company |
|--------|-----|----------------------------------------------------------------------------------------------------|

|   | 55. | Jaysac,                  Ltd., a Texas limited partnership |
|--------|-----|------------------------------------------------------------|

|   | 56. | JMS                  Acquisition, LLC, a Delaware limited liability                  company |
|--------|-----|----------------------------------------------------------------------------------------------|

|   | 57. | Jaysac                  GP Corporation, a Delaware                  corporation |
|--------|-----|---------------------------------------------------------------------------------|

|   | 58. | Western                  Blossom Hill Investors, a California limited                  partnership |
|--------|-----|----------------------------------------------------------------------------------------------------|

|   | 59. | Western                  Los Gatos I Investors, a California limited                  partnership |
|--------|-----|---------------------------------------------------------------------------------------------------|

|   | 60. | Western                  Highridge Investors, a California limited                  partnership |
|--------|-----|-------------------------------------------------------------------------------------------------|

|   | 61. | Western                  San Jose III Investors, a California limited                  partnership |
|--------|-----|----------------------------------------------------------------------------------------------------|

|   | 62. | Western                  Riviera Investors, a California limited                  partnership |
|--------|-----|-----------------------------------------------------------------------------------------------|

|   | 63. | Western                  Palo Alto II Investors, a California limited                  partnership |
|--------|-----|----------------------------------------------------------------------------------------------------|

|   | 64. | Irvington                  Square Associates, a California limited                  partnership |
|--------|-----|-------------------------------------------------------------------------------------------------|

|   | 65. | Western                  Seven Trees Investors, a California limited                  partnership |
|--------|-----|---------------------------------------------------------------------------------------------------|

|   | 66. | Western                  Las Hadas Investors, a California limited                  partnership |
|--------|-----|-------------------------------------------------------------------------------------------------|

|   | 67. | San                  Pablo Medical Investors, LTD, a California limited                  partnership |
|--------|-----|------------------------------------------------------------------------------------------------------|

|   | 68. | Gilroy                  Associates, a California limited                  partnership |
|--------|-----|---------------------------------------------------------------------------------------|

|   | 69. | The                  Oakbrook Company, a Ohio limited                  partnership |
|--------|-----|------------------------------------------------------------------------------------|

|   | 70. | Pine                  Grove Apartment Fund, LTD, a California limited                  partnership |
|--------|-----|----------------------------------------------------------------------------------------------------|

|   | 71. | Valley                  Park Apartments, LTD, a California limited                  partnership |
|--------|-----|-------------------------------------------------------------------------------------------------|

|   | 72. | Fairhaven                  Apartment Fund, LTD, a California limited                  partnership |
|--------|-----|---------------------------------------------------------------------------------------------------|

|   | 73. | K-H                  Properties, a California limited                  partnership |
|--------|-----|------------------------------------------------------------------------------------|

|   | 74. | Villa                  Angelina Apartment Fund, LTD, a California limited                  partnership |
|--------|-----|--------------------------------------------------------------------------------------------------------|

|   | 75. | Essex                  Camarillo Oaks 789, L.P., a California limited                  partnership |
|--------|-----|----------------------------------------------------------------------------------------------------|

|   | 76. | Essex                  Emerald Ridge, L.P., a California limited                  partnership |
|--------|-----|-----------------------------------------------------------------------------------------------|

|   | 77. | Essex                  Evergreen Heights, L.P., a California limited                  partnership |
|--------|-----|---------------------------------------------------------------------------------------------------|

|   | 78. | Essex                  Sammamish View, L.P., a California limited                  partnership |
|--------|-----|------------------------------------------------------------------------------------------------|

|   | 79. | Essex                  Wharfside Pointe, L.P., a California limited                  partnership |
|--------|-----|--------------------------------------------------------------------------------------------------|

|   | 80. | Essex                  CAL-WA, L.P., a California limited                  partnership |
|--------|-----|----------------------------------------------------------------------------------------|

|   | 81. | Essex                  Marina City Club, L.P., a California limited                  partnership |
|--------|-----|--------------------------------------------------------------------------------------------------|

|   | 82. | Essex                  Muir Terrace, L.P., a California limited                  partnership |
|--------|-----|----------------------------------------------------------------------------------------------|

|   | 83. | Essex                  Fountain Park Apartments, L.P., a California limited                  partnership |
|--------|-----|----------------------------------------------------------------------------------------------------------|

|   | 84. | Essex                  SPE, LLC, a Delaware limited liability                  company |
|--------|-----|----------------------------------------------------------------------------------------|

|   | 85. | Essex                  MCC, LLC, a Delaware limited liability                  company |
|--------|-----|----------------------------------------------------------------------------------------|

|   | 86. | Essex                  FPA, LLC, a Delaware limited liability                  company |
|--------|-----|----------------------------------------------------------------------------------------|

|   | 87. | Essex                  MTA, LLC, a Delaware limited liability                  company |
|--------|-----|----------------------------------------------------------------------------------------|

|   | 88. | Essex                  Excess Assets TRS, Inc., a Delaware                  corporation |
|--------|-----|-----------------------------------------------------------------------------------------|

|   | 89. | Essex                  The Pointe, L.P., a California limited                  partnership |
|--------|-----|--------------------------------------------------------------------------------------------|

|   | 90. | Essex                  Tierra Vista, L.P., a California limited                  partnership |
|--------|-----|----------------------------------------------------------------------------------------------|

|   | 91. | Essex                  Green Valley, L.P., a California limited                  partnership |
|--------|-----|----------------------------------------------------------------------------------------------|

|   | 92. | Essex                  Apartment Value Fund II, L.P., a Delaware limited                  partnership |
|--------|-----|-------------------------------------------------------------------------------------------------------|

|   | 93. | Essex                  VFGP II, L.P., a Delaware limited                  partnership |
|--------|-----|---------------------------------------------------------------------------------------|

|   | 94. | Essex                  Vista Belvedere, L.P., a California limited                  partnership |
|--------|-----|-------------------------------------------------------------------------------------------------|

|   | 95. | Essex                  Carlmont Woods Apartments, L.P., a California limited                  partnership |
|--------|-----|-----------------------------------------------------------------------------------------------------------|

|   | 96. | Essex                  Harbor Cove Apartments, L.P., a California limited                  partnership |
|--------|-----|--------------------------------------------------------------------------------------------------------|

|   | 97. | Essex                  Parcwood Apartments, L.P., a California limited                  partnership |
|--------|-----|-----------------------------------------------------------------------------------------------------|

|   | 98. | Essex                  Marbrisa Long Beach, L.P., a California limited                  partnership |
|--------|-----|-----------------------------------------------------------------------------------------------------|

|   | 99. | Essex                  Regency Tower Apartments, L.P., a California limited                  partnership |
|--------|-----|----------------------------------------------------------------------------------------------------------|

|   | 100. | Essex                  Marina City Club, LLC, a Delaware limited liability                  company |
|--------|------|-----------------------------------------------------------------------------------------------------|

|   | 101. | Essex                  Northwest Gateway, LLC, a Delaware limited liability                  company |
|--------|------|------------------------------------------------------------------------------------------------------|

|   | 102. | Essex                  VFGP II, Inc., a Delaware                  corporation |
|--------|------|-------------------------------------------------------------------------------|

|   | 103. | Essex                  Lake Merritt, Inc., a California                  corporation |
|--------|------|--------------------------------------------------------------------------------------|

|   | 104. | Essex                  Brighton Ridge, L.P., a California limited                  partnership |
|--------|------|------------------------------------------------------------------------------------------------|

|   | 105. | Essex                  Canyon Pointe, L.P., a California limited                  partnership |
|--------|------|-----------------------------------------------------------------------------------------------|

|   | 106. | Essex                  Tower 801 Apartments, L.P., a California limited                  partnership |
|--------|------|------------------------------------------------------------------------------------------------------|

----

|   | 107. | Essex                  Echo Ridge Apartments, L.P., a California limited                  partnership |
|--------|------|-------------------------------------------------------------------------------------------------------|

|   | 108. | Essex                  Morning Run Apartments, L.P., a California limited                  partnership |
|--------|------|--------------------------------------------------------------------------------------------------------|

|   | 109. | Essex                  Enclave Apartments, L.P., a California limited                  partnership |
|--------|------|----------------------------------------------------------------------------------------------------|

|   | 110. | Essex                  Fairwood Pond, L.P., a California limited                  partnership |
|--------|------|-----------------------------------------------------------------------------------------------|

|   | 111. | Park                  Hill, LLC, a Washington limited liability                  company |
|--------|------|------------------------------------------------------------------------------------------|

|   | 112. | Essex                  Park Boulevard, LLC, a Delaware limited liability                  company |
|--------|------|---------------------------------------------------------------------------------------------------|

|   | 113. | MDR                  Tower, LLC, a Delaware limited liability                  company |
|--------|------|----------------------------------------------------------------------------------------|

|   | 114. | Essex                  NBN SPE, LLC, a Delaware limited liability                  company |
|--------|------|--------------------------------------------------------------------------------------------|

|   | 115. | Essex                  Gateway Management, LLC, a California limited liability                  company |
|--------|------|---------------------------------------------------------------------------------------------------------|

|   | 116. | Essex                  Eastridge, Inc., a California                  corporation |
|--------|------|-----------------------------------------------------------------------------------|

|   | 117. | Essex                  Tracy Development, Inc., a California                  corporation |
|--------|------|-------------------------------------------------------------------------------------------|

|   | 118. | Essex                  Property Financial Corporation, a California                  corporation |
|--------|------|--------------------------------------------------------------------------------------------------|

|   | 119. | Northwest                  Gateway Apartments, L.P., a California limited                  partnership |
|--------|------|--------------------------------------------------------------------------------------------------------|

|   | 120. | Essex                  Eastlake Union , L.P., a California limited                  partnership |
|--------|------|-------------------------------------------------------------------------------------------------|

|   | 121. | Essex                  Radford, L.P., a California limited                  partnership |
|--------|------|-----------------------------------------------------------------------------------------|

|   | 122. | Essex                  Davey Glen Apartments, L.P., a California limited                  partnership |
|--------|------|-------------------------------------------------------------------------------------------------------|

|   | 123. | Essex                  Renaissance Apartments, L.P., a California limited                  partnership |
|--------|------|--------------------------------------------------------------------------------------------------------|

|   | 124. | Essex                  Topanga Canyon, L.P., a California limited                  partnership |
|--------|------|------------------------------------------------------------------------------------------------|

|   | 125. | Essex                  Alderwood Park Apartments, L.P., a California limited                  partnership |
|--------|------|-----------------------------------------------------------------------------------------------------------|

|   | 126. | Essex                  View Pointe, LLC, a Delaware                  corporation |
|--------|------|----------------------------------------------------------------------------------|

|   | 127. | Essex                  Alamo, LLC, a Delaware corporation |
|--------|------|-----------------------------------------------------------|

|   | 128. | Essex                  Broadway, LLC, a Washington                  corporation |
|--------|------|---------------------------------------------------------------------------------|

|   | 129. | Essex                  Radford, Inc., a California                  corporation |
|--------|------|---------------------------------------------------------------------------------|

|   | 130. | View                  Pointe Homeowners Association, a Washington                  corporation |
|--------|------|------------------------------------------------------------------------------------------------|

|   | 131. | Essex                  Camino, Inc., a Delaware                  corporation |
|--------|------|------------------------------------------------------------------------------|

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