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    1144 Locust St San Jose, CA 95110

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    For Sale
    $1,699,000

    Well-maintained fourplex near downtown San Jose with long-term tenants.

    Lot size:
    0.24 Acres

    Property Features for 1144 Locust St

    General Information

    Lot size
    0.24 Acres

    Building Details

    Year built
    1949

    Source: Intero Real Estate Services Agent Lino Matos

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    San Jose Fourplex Near Downtown

    This centrally located and well-maintained fourplex is situated close to downtown San Jose. The property comprises two separate buildings, with all units conveniently located on one level. Each unit features 2 bedrooms and 1 bathroom, along with an inside laundry room equipped with a washer and dryer. Heating is provided by central forced air. Double-pane windows are installed in all units. Floor surfaces consist of carpeting, linoleum, and tile. Some units have remodeled bathrooms and country kitchens with tile counters. Tenants have occupied the units for many years and are currently on month-to-month tenancies. Two units are Section 8 rentals, while the other two are regular rentals. Each unit includes a one-car garage or storage unit, along with two parking spots. Additional off-street parking is available in the back. New concrete driveways, walkways, and surfaces have been installed. One unit includes a wood-burning fireplace and a basement. Some appliances belong to the tenants, while others belong to the owners. Some water heaters are newer.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    San Jose
    County
    Santa Clara
    State
    California
    Longitude
    -121.8822568
    Latitude
    37.3158137

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    FAQs

    What type of property is this?
    Quadplex - Well-maintained fourplex near downtown San Jose with long-term tenants.
    Where is this quadplex located?
    The property is located at 1144 Locust St San Jose, CA.
    What is the asking price?
    The asking price for this property is $1,699,000.
    What are key features of this property?
    This property features: - Centrally located 4-plex close to downtown San Jose.; - All units feature 2 bedrooms and 1 bathroom with inside laundry rooms including washer/dryer hookups.; - New concrete driveways, walkways, and surfaces.
    (408) 394-4881
    Request Owner's contact information
    1144 Locust St San Jose, CA 95110
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    San Jose, CA 95110
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1144 Locust St San Jose, CA 95110
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