$900,000
SOLD FEB 17, 2025

1171 Locust St San Jose, CA 95110

Tamien Neighborhood
4 Beds
2 Baths
1,816 Sq Ft
5,536 Sq Ft Lot

Recently Sold

$496 Per Sq Ft

10% Below List Price

17 Days on Market

About This Home

As of February 2025

1169-1171 Locust St, San Jose, CA 95110 is a truly exceptional investment opportunity in the sought-after East San Jose area. Located in the vibrant Tamien neighborhood, at the southern edge of Downtown San Jose, this duplex offers an unparalleled location for both investors and tenants. Unit 1169 is vacant, rent reflects market rent. This property features a desirable unit mix of two spacious 2-bedroom, 1-bath units. Boasting approximately 1,816 square feet of living space (buyer to verify) on a 0.13-acre lot, the duplex offers a compelling blend of roomy interiors, designated garages for each unit, ample parking, and private backyards that provide comfort and privacy for tenants. The location is unbeatable! Situated less than two miles from Downtown San Jose, the property provides convenient access to Highways 280, 101, and 680, ensuring seamless connectivity to all of San Jose's attractions. Additionally, it is near major Silicon Valley employers, including Cisco, PayPal, FICO, Zoom, Western Digital, Sage Intacct, PWC, Adobe, and Apple Headquarters. This is a rare opportunity to invest in a standout duplex in the heart of San Jose.

Last Agent to Sell the Property

Dusty Blackman

Compass License #01999734 Listed on: 01/16/2025

Compass

Co-Listed By

Jodene Collings Hayes

Compass License #01962093

Last Buyer's Agent

George Alvarez

Intero Real Estate Services License #02160109

Intero Real Estate Services

Property Details

Home Type

  • Multi-Family

Year Built

  • 1972

Lot Details

  • 5,536 Sq Ft Lot

Parking

  • 3 Car Garage
  • Assigned Parking

Home Design

  • Duplex
  • Flat Roof Shape
  • Slab Foundation
  • Tar and Gravel Roof

Interior Spaces

  • 1,816 Sq Ft Home
  • 1-Story Property

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter
  • Private Sewer

Listing and Financial Details

  • Total Actual Rent $48,120
  • Month-to-Month Lease Term

Community Details

Overview

Building Details

  • 1 Leased Unit
  • Insurance Expense $1,816
  • Maintenance Expense $1,600
  • Other Expense $2,437
  • Utility Expense $1,670
  • Operating Expense $18,899
  • Gross Income $46,676

Property Details

Home Type

Multi-Family

Year Built

1972

Lot Details

0

Parking

3

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Style: Flat
  • Age: 53
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1816
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1972

Interior Features

  • Living Sq Ft: 1816
  • Stories: 1

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Flat / Low Pitch, Tar And Gravel

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 3
  • Garage Parking Features: Assigned Spaces, Attached Garage

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Private

Schools

  • School District: San Jose Unified

Lot Info

  • Lot Acres: 0.1271
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5535.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5535.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Month To Month
  • Gross Rent Multiplier: 19.66
  • Number Of Leased: 1

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 1816
  • Expense Maintenance: 1600
  • Expenses Other: 2437
  • Expenses Total: 18899
  • Expenses Utility: 1670
  • Income Annual Gross: 46676.00
  • Income Annual Rental: 48120
  • Income Gross Scheduled: 48120
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance - Repair, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 3

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2025 02/17/25 Sold $900,000 -4.9% $496 / Sq Ft
02/03/2025 02/03/25 Pending -- -- --
01/28/2025 01/28/25 Price Changed $945,900 -4.9% $521 / Sq Ft
01/16/2025 01/16/25 For Sale $995,000 -- $548 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2025

    Dusty Blackman

    Compass

    (253) 797-7126

    2 in this area

    85 Total Sales

    Dusty Blackman
    Section Image
  • Jodene Collings Hayes

    Seller Co-Listing Agent in 2025

    Jodene Collings Hayes

    Compass

    (425) 238-3898

    1 in this area

    91 Total Sales

    Jodene Collings Hayes
    Section Image

  • G

    Buyer's Agent in 2025

    George Alvarez

    Intero Real Estate Services

    (669) 258-7218

    1 in this area

    6 Total Sales

    George Alvarez
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81990688

MLSListings

APN: 434-05-091

California Santa Clara County San Jose 95110 Tamien

1171 Locust St, San Jose, CA

This home is located at 1171 Locust St, San Jose, CA 95110 and is currently priced at $900,000, approximately $495 per square foot. This property was built in 1972. 1171 Locust St is a home located in Santa Clara County with nearby schools including Washington Elementary School, Willow Glen Middle, and Willow Glen High School.

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