3
See all 3 photos
Listed by Jim Meech • James Meech, Broker
$1,500,000
Est. payment /mo
3,940 SqFt
Active
132 E Reed Street San Jose, CA 95112
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 3,940 sqft
Price per Sqft $380
MLS Listing ID ML82038150
HOA Y/N No
Year Built 1955
Lot Size 6,027 Sqft
Property Sub-Type Other
Source Datashare MLSListings
Property Description
Rare 8-Unit Investment Opportunity in Downtown San Jose Strategically located in the heart of the Sun Neighborhood, 132 E Reed St is a premier "bread and butter" 8-unit multi-family complex (all 1BR/1BA units). This property offers a stable income stream with immense upside potential.Key Highlights: Value-Add Opportunity: Current rents are below market, providing a clear path to increased NOI. Low Maintenance: Features durable construction, double-pane windows, and a 3,940 SF building footprint. Bonus Revenue: On-site laundry facilities are currently unused, offering immediate potential for additional income. Prime Location: Highly walkable neighborhood blocks away from SJSU, the SoFA District, and William Street Park a rare and valuable asset in Downtown San Jose. Perfect for a 1031 exchange or a long-term hold in Silicon Valleys high-demand rental market. Full financial package available.
Location
State CA
County Santa Clara
Interior
Heating Natural Gas
Cooling None
Fireplace No
Appliance Refrigerator
© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
NEARBY SCHOOL & BUSINESS
GET MORE INFORMATION