1012 Chestnut Street, San Jose, California 95110, San Jose, 95110 - bed, bath
1012 Chestnut Street
San Jose, California 95110
Property Price
SUMMARY
Analysis of 1012 Chestnut Street, San Jose, California 95110 is currently available with a list price of $1,425,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the San Jose Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
This 4-plex is classified as being in good condition because 50% of the units have been completely remodeled with modern laminate flooring, fresh paint, updated shaker-style cabinetry, and renovated bathrooms featuring new vanities and glass-enclosed showers. While the building dates to 1952, the presence of central A/C and double-pane windows in all units indicates a high level of maintenance and functional updating. The property is move-in ready and fully occupied, though the remaining two unrenovated units and the aged exterior prevent an 'excellent' rating.
PROSSTRENGTHS & OPPORTUNITIES
- Strong Revenue Stream
The property generates over $100,000 in gross annual income, offering an attractive gross yield for the San Jose investment market.
- Full Occupancy
Boasting zero vacancy, this 4-plex provides immediate, stabilized cash flow for the incoming owner without the need for initial leasing efforts.
- Modern Climate Control
Unlike many older multi-family assets, each unit features central A/C and double-pane windows, significantly increasing tenant retention and comfort.
CONSRISKS & DEFICIENCIES
- Compact Unit Footprints
With a total building size of 1,672 square feet, the individual units are relatively small, which may limit the tenant demographic to single occupants or couples.
- Aging Infrastructure
Originally built in 1952, the property may require specialized maintenance or future upgrades to core systems like plumbing and electrical that are typical for its era.
- Inconsistent Unit Condition
With only 50% of the units remodeled, the buyer faces the eventual task and expense of upgrading the remaining two units to achieve maximum market rents.
About 1012 Chestnut Street
Great opportunity to own a 4-plex with great income, over $100k gross income annually. ZERO vacancy. Each unit has central A/C with double pane windows. This is a money maker. Two out of 4 units have been completely remodeled. Close to shopping, transporation and entertainment.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1952
- Lot Size
- 5,087 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 1,672 | 1,672 | 50% |
| Lot Size | 5,087 | 10,530 | 33% |
| Price | $1.43M | $1.62M | 33% |
| Price per sq ft | $852 | $852 | 50% |
| Built year | 1952 | 1949 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 117 | 150 | 33% |
Pricing History
Listed for Sale
Nov 10, 2025
$1,425,000
Initial Listing
Sold
Jul 7, 2022
$1,213,000
Public Record
Sold
Mar 12, 2018
$1,112,500
Public Record
Sold
Mar 8, 2004
$520,000
Public Record
Sold
Feb 4, 1998
$203,000
Public Record