1171 Locust Street

San Jose, CA 95110

$945,900
Price
Beds
Baths
1,816 Sq. Ft.
$521 / Sq. Ft.
1,816
Sq. Ft.
$521
per Sq. Ft.

Description

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...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.

Listing Agents

  1. Ray Rodriguez

    Ray Rodriguez

    Listing Agent

    Compass

    DRE #01999734

    ray.rodriguez@compass.com

    P: (626)-483-5136

  2. Tony Zizzo

    Tony Zizzo

    Alternative Listing Agent

    Compass

    DRE #01962093

    tony.zizzo@compass.com

    P: (408)-772-8661

Property Details for 1171 Locust Street

MLS City Name
SAN JOSE
Building Type
DUPLEX
Style
Flat
Garage Spaces
3
Parking Spaces
3
LISTING UPDATED: 01/28/2025 08:45 AM

Property Details for 1171 Locust Street

StatusActive
MLS #ML81990688
Days on Compass14
Taxes$11,376 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / DUPLEX
Year Built1972
Lot Size0.13 AC / 5,535 SF
CountySanta Clara County

Building Information for 1171 Locust Street

Stories1Residences2Year Built1972Building Size-Lot Size0.13 AC / 5,535 SF

Property Information for 1171 Locust Street

Features
Features
  • Fireplace: No
  • Living SqFt: 1816
  • Pool: No
  • Security Features: Other
  • Special Features: Other
Utilities
  • Cooling: Other
  • Heating: Wall Furnace
  • Meters: Master Water, Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Private
  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Water: Private / Mutual
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Assigned Spaces, Attached Garage
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Central San Jose
  • Roof: Flat / Low Pitch, Tar and Gravel
  • Subclass: Duplex
  • Year Built Source: Assessor
  • Street Number: 1171
  • Street Name: Locust
  • Street Suffix: Street
  • Area ID: 9
Lot / Property Details
Building Information
  • Number Of Stories: 1
  • Number of Buildings: 1
  • Structure SqFt: 1816
  • Structure SqFt Source: Assessor
  • Age: 53
Development Information
  • Zoning Detail: R2
Location Information
  • Parcel Number: 434-05-091
  • County Name: Santa Clara
  • City Name: SAN JOSE
  • City Postal ID: 58
  • Postal Code: 95110
  • Elementary School District: 482
  • High School District Text: San Jose Unified
Lot Information
  • Foundation: Concrete Slab
  • Horse Property: No
  • Lot Acres: .13
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
Building Information
  • No Of Leased: 1
General Information
  • Annual Tax Amount: $11,376
  • Building Unit Total: 2
  • Capitalization Rate: 2.94
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Income Includes: Rents
  • Vacancy Factor: 3
Income / Expense Details
  • Expense Insurance: $1,816
  • Expense Landscape: $0
  • Expense Maintenance: $1,600
  • Expense Management: $0
  • Expense Trash: $0
  • Expenses Other: $2,437
  • Expenses Utility: $1,670
  • Expenses Total: $18,899
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance - Repair, Utilities - Water
  • Gross Rent Multiplier: 19.66
  • Income Annual Gross: $46,676
  • Income Annual Rental: $48,120
  • Income Gross Scheduled: $48,120
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Rent: $1,610
Unit 2 Information
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Rent: $2,400

Property History for 1171 Locust Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1171 Locust Street

Taxable ValueLand$87,838Additions$179,599Total$267,437
Home Facts
Total Finished SqFt1,816 SqFtAbove Grade Finished SqFt1,816 SqFtStories1Lot Size5,535 SqFtStyleDuplexYear Built1972ZoningR2CountySANTA CLARAAPN434-05-091Fireplace TypeHas Fireplace

Schools near 1171 Locust Street

This home is within San Jose Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 5 to 8
Rating
School
Distance
Washington Elementary School
PublicK to 5

Willow Glen Middle School
Public6 to 8

Willow Glen High School
Public9 to 12

Downtown College Preparatory Middle
Charter5 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1171 Locust Street is a multi-family home for sale in San Jose, CA 95110. This property was listed for sale on January 16, 2025 by Compass, it's currently listed at $945,900. This listing's school district is San Jose Unified School District. Nearby schools include Washington Elementary School, Willow Glen Middle School and Willow Glen High School. 1171 Locust Street is a 0-bed, 0-bath, 1,816 sqft multi-family home built in 1972.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Ray Rodriguez, DRE #01999734; Compass, Tony Zizzo, DRE #01962093

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.