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 Mirabella Marina Apartments, L.P., a California limited 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

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

12. Essex Bunker Hill, L.P., a California limited partnership

13. Essex Treetops, L.P., a California limited partnership

14. Essex Bluffs, L.P., a California limited partnership

15. Essex Huntington Breakers, L.P., a California limited partnership

16. Essex Stonehedge Village, L.P., a California limited partnership

17. Essex Bridle Trails, L.P., a California limited partnership

18. Fountain Court Apartment Associates, L.P., a Washington limited partnership

19. Essex Inglenook Court, LLC, a Delaware limited liability company

20. Essex Wandering Creek, LLC, a Delaware limited liability company

21. Essex Columbus, L.P., a California limited partnership

22. Essex Lorraine, L.P., a California limited partnership

23. Essex Glenbrook, L.P., a California limited partnership

24. Essex Euclid, L.P., a California limited partnership

25. Richmond Essex L.P., a California limited partnership

26. Essex Wilshire, L.P., a California limited partnership

27. Essex Wynhaven, L.P., a California limited partnership

28. Jackson School Village, L.P. a California limited partnership

29. Mt. Sutro Terrace Associates Ltd., a California limited partnership

30. Essex Carlyle, L.P., a California limited partnership

31. Essex Dupont Lofts, L.P., a California limited partnership

32. ESG Properties I LLC, a Delaware limited liability company

33. Lineberry Sammamish, LLC, a Washington limited liability company

34. Essex Cochran, L.P., a California limited partnership

35. Essex Kings Road, L.P., a California limited partnership

36. Essex Le Parc, L.P., a California limited partnership

37. Essex Monterey Villas, L.P., a California limited partnership

38. Essex Monterey Villas, LLC, a Delaware limited liability company

39. Essex Jaysac Tasman, L.P., a California limited partnership

40. JMS Acquisition, LLC, a Delaware limited liability company

41. Western Blossom Hill Investors, a California limited partnership

42. Western Los Gatos I Investors, a California limited partnership

43. Western Highridge Investors, a California limited partnership

44. Western San Jose III Investors, a California limited partnership

45. Western Riviera Investors, a California limited partnership

46. Western Palo Alto II Investors, a California limited partnership

47. Irvington Square Associates, a California limited partnership

48. Western Seven Trees Investors, a California limited partnership

49. Western Las Hadas Investors, a California limited partnership

50. San Pablo Medical Investors, LTD, a California limited partnership

51. Gilroy Associates, a California limited partnership

52. The Oakbrook Company, a Ohio limited partnership

53. Pine Grove Apartment Fund, LTD, a California limited partnership

54. Valley Park Apartments, LTD, a California limited partnership

55. Fairhaven Apartment Fund, LTD, a California limited partnership

56. K-H Properties, a California limited partnership

57. Villa Angelina Apartment Fund, LTD, a California limited partnership

58. Essex Camarillo Oaks 789, L.P., a California limited partnership

59. Essex Emerald Ridge, L.P., a California limited partnership

60. Essex Evergreen Heights, L.P., a California limited partnership

61. Essex Sammamish View, L.P., a California limited partnership

62. Essex Wharfside Pointe, L.P., a California limited partnership

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

64. Essex Marina City Club, L.P., a California limited partnership

65. Essex Fountain Park Apartments, L.P., a California limited partnership

66. Essex SPE, LLC, a Delaware limited liability company

67. Essex MCC, LLC, a Delaware limited liability company

68. Essex FPA, LLC, a Delaware limited liability company

69. Essex Excess Assets TRS, Inc., a Delaware corporation

70. Essex The Pointe, L.P., a California limited partnership

71. Essex Tierra Vista, L.P., a California limited partnership

72. EMC SPE, LLC, a Delaware limited liability company

73. Essex Apartment Value Fund II, L.P., a Delaware limited partnership

74. Essex VFGP II, L.P., a Delaware limited partnership

75. Essex Vista Belvedere, L.P., a California limited partnership

76. Essex Carlmont Woods Apartments, L.P., a California limited partnership

77. Essex Harbor Cove Apartments, L.P., a California limited partnership

78. Essex Parcwood Apartments, L.P., a California limited partnership

79. Essex Marbrisa Long Beach, L.P., a California limited partnership

80. Essex Regency Tower Apartments, L.P., a California limited partnership

81. Essex Marina City Club, LLC, a Delaware limited liability company

82. Essex Northwest Gateway, LLC, a Delaware limited liability company

83. Essex VFGP II, Inc., a Delaware corporation

84. Essex Lake Merritt, Inc., a California corporation

85. Essex Brighton Ridge, L.P., a California limited partnership

86. Essex Canyon Pointe, L.P., a California limited partnership

87. Essex Tower 801 Apartments, L.P., a California limited partnership

88. Essex Echo Ridge Apartments, L.P., a California limited partnership

89. Essex Morning Run Apartments, L.P., a California limited partnership

90. Essex Enclave Apartments, L.P., a California limited partnership

91. Essex Fairwood Pond, L.P., a California limited partnership

92. Park Hill, LLC, a Washington limited liability company

93. Essex Park Boulevard, L.P., a California limited partnership

94. MDR Tower, LLC, a Delaware limited liability company

95. Essex NBN SPE, LLC, a Delaware limited liability company

96. Essex Gateway Management, LLC, a California limited liability company

97. Essex Eastridge, Inc., a California corporation

98. Essex Tracy Development, Inc., a California corporation

99. Essex Property Financial Corporation, a California corporation

100. Northwest Gateway Apartments, L.P., a California limited partnership

101. Essex Eastlake Union, L.P., a California limited partnership

102. Essex Radford, L.P., a California limited partnership

103. Essex Davey Glen  Apartments, L.P., a California limited partnership

104. Essex Renaissance Apartments, L.P., a California limited partnership

105. Essex Topanga Canyon, L.P., a California limited partnership

106. Essex Alderwood Park Apartments, L.P., a California limited partnership

107. Essex View Pointe, LLC, a Delaware limited liability company

108. Essex Alamo, LLC, a Delaware limited liability company

109. Essex Broadway, LLC, a Washington limited liability company

110. View Pointe Homeowners Association, a Washington corporation

111. Essex HGA, LLC, a Delaware limited liability company

112. Essex Hillsdale Garden Apartments, L.P., a California limited partnership

113. Essex Camino Ruiz Apartments, L.P., a California limited partnership

114. Essex Harvest Park Apartments, L.P., a California limited partnership

115. Belmont Affordable Partners, L.P., a California limited partnership

116. Essex Chestnut Apartments, L.P., a California limited partnership

117. Essex Canyon Oaks Apartments, L.P., a California limited partnership

118. Essex Coldwater Canyon Apartments, L.P., a California limited partnership

119. Essex Esplanade, L.P., a California limited partnership

120. Pacific Western Insurance, LLC, a Hawaii limited liability company

121. Essex Moorpark Apartments, L.P., a California limited partnership

122. Western Mountain View II Investors, a California limited partnership

123. Western San Jose IV Investors Limited Partnership, a California limited partnership

124. Essex Berkeley 4th Street, L.P., a California limited partnership

125. Newport Beach North, LLC, a Delaware limited liability company

126. Essex Internet Realty Partners, G.P., a California general partnership

127. Essex Summerhill Park, L.P., a California limited partnership

128. Essex Skyline, L.P., a California limited partnership

129. Essex San Fernando, L.P., a California limited partnership

130. Essex Eagle Rim, L.P., a California limited partnership

131. Essex Hillcrest Park, L.P., a California limited partnership

132. Essex The Commons, L.P., a California limited partnership

133. Essex Derian, L.P., a California limited partnership

134. Essex Bella Villagio, L.P., a California limited partnership

135. Essex NoHo Apartments, L.P., a California limited partnership

136. Essex Hillsborough Park, L.P., a California limited partnership

137. Essex Santee Court, L.P., a California limited partnership

138. Essex City View, L.P., a California limited partnership

139. Essex Courtyard, L.P., a California limited partnership

140. Essex Corbella, L.P., a California limited partnership

141. Essex Anavia, L.P., a California limited partnership

142. Essex Waterford, L.P., a California limited partnership

143. Essex 416 on Broadway, L.P., a California limited partnership

144. RP/Essex Skyline Holdings, LLC, a Delaware limited liability company

145. Essex Valley Village Magnolia, LLC, a Delaware limited liability company

146. Essex Queen Anne, LLC, a Delaware limited liability company