1120 Locust Street

A rare opportunity to secure a low rate assumable FHA loan (buyer must qualify) and step into a versatile 2unit property, each offering a well designed 2bed/1bath layout. This setup provides exceptional flexibility for multi-generational living, a live one/rent one approach, or added support for monthly housing costs. Opportunities with built in living flexibility are increasingly limited, making this home a standout option for both first time buyers and long term planners. Located near downtown San Jose, major employers, transit, parks, and everyday conveniences, this central corridor remains consistently desirable. Residents appreciate the walkability, nearby amenities, and quick access to shopping, dining, and commuter routes. Whether you're entering homeownership with added financial flexibility or seeking a property with longterm upside, this home delivers meaningful value in todays market especially with the advantage of a belowmarket assumable rate.

Days on Market

4 days

Current Status

Active

Original Price

$1,178,000

List Price

$1,178,000

On Market Date

Apr 28, 2026

Property Type

Single Family Home

Area

9 - Central San Jose

Zip Code

95110

MLS ID

ML82044909

APN

434-06-045

Year Built

1955

Stories in Building

1

Possession

COE

Data Source

MLSL

Origin MLS System

MLSListings, Inc.

Bed

4

Bath

2

Parking

2

Attached Garage, On Street, Other

SQ FT

1,474

SQ FT Source

Unavailable

Lot SQ FT

4,352.0

Lot Acres

0.099908 Acres

Cooling

None

Dining Room

Eat in Kitchen

Disclosures

Natural Hazard Disclosure

Family Room

Separate Family Room

Flooring

Laminate

Foundation

Concrete Slab

Heating

Other

Possession

COE

Fee

Unavailable

MLS and other Information regarding properties for sale as shown in Theo have been obtained from various sources such as sellers, public records, agents and other third parties. This information may relate to the condition of the property, permitted or unpermitted uses, zoning, square footage, lot size/acreage or other matters affecting value or desirability. Unless otherwise indicated in writing, neither brokers, agents nor Theo have verified, or will verify, such information. If any such information is important to buyer in determining whether to buy, the price to pay or intended use of the property, buyer is urged to conduct their own investigation with qualified professionals, satisfy themselves with respect to that information, and to rely solely on the results of that investigation.

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.