1382 Locust Street, San Jose, California 95110, San Jose, 95110 - 4 bed, 2 bath
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San Jose, California 95110
This Dual-Unit Residential Property is a Strong Value Opportunity, listed at $999,888—positioned well below the $1,057,006 Fair Market Value by 5%. This valuation gap offers $57,118 in Instant Equity for incoming buyers. The remodeled 4-bedroom layout features a separate 2-bedroom unit with its own kitchen, providing a turnkey "house-hack" solution in the San Jose Unified district. With a Condition Rating of 3 and immediate proximity to Tamien Station, the property captures high rental demand within the Silicon Valley tech corridor. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1382 Locust Street Subject | $999,888* List Price | 4 | 2 | 1,568 | $674 | - |
A 1218 S Almaden Avenue Sold | $910,000 | 4 | 2 | 1,648 | $552 | 0.2 mi |
B 1493 Sanborn Avenue Sold | $798,000 | 2 | 1 | 1,008 | $792 | 0.3 mi |
C 1120 Locust Street Active | $1,075,000 List Price | 4 | 2 | 1,474 | $729 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1940, the property has been newly remodeled with fresh interior and exterior paint, new laminate flooring, and updated kitchen cabinets and countertops. The units are move-in ready and functional; however, the use of older wall heaters and the presence of cracked exterior concrete prevent an excellent rating.
The dual-unit configuration featuring a 2-bedroom main house and a separate 2-bedroom unit with its own kitchen offers a rare 'house-hack' opportunity to offset mortgage costs with rental income.
Situated less than a mile from Tamien Station (Caltrain/VTA) with immediate access to Highways 87, 280, and 101, this property provides an ideal location for professionals commuting to major Silicon Valley tech campuses.
The home has been newly remodeled and freshly painted, offering a modern aesthetic and move-in ready convenience that minimizes immediate post-purchase capital expenditures.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1568, other record living area = 968. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
Built in 1940, the property may possess aging underlying systems such as plumbing or electrical that could require more frequent maintenance compared to newer constructions.
While the location is excellent for commuting, its close proximity to multiple major freeway interchanges and transit lines may result in higher levels of ambient city noise.
Newly remodeled! Live in one and rent the other! Fantastic opportunity to purchase or invest in the heart of Silicon Valley! This freshly painted charming home boasts 2 bedrooms, 1 bathroom and a separate unit featuring 2 bedrooms and 1 bathroom and a kitchen. A smart backyard with trees and plants creates an ideal space for relaxation and entertaining! Close to local parks, schools, shops, and restaurants. Easy access to freeways 87, 280, 101, and 880 makes commuting a breeze to top tech campuses, like Apple, Google, Nvidia, etc. Less than a mile to Tamien Station (Caltrain/VTA)! Enjoy the charm of nearby Willow Glen and the energy of Downtown San Jose! Really an opportunity you won't want to let slip through your fingers!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 72% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,568 | 1,102 | 72% |
| Lot Size | 5,440 | 5,000 | 89% |
| Price | $999.9K | $1.03M | 39% |
| Price per sq ft | $638 | $826 | 28% |
| Built year | 1940 | 1943 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 32 | 85 | 11% |
May 5, 2026
$999,888
Initial Listing
Mar 8, 2018
$950,000
Public Record
May 16, 2007
$690,000
Public Record
May 16, 2007
$690,000
Public Record
Nov 19, 1998
$255,000
Public Record