358 N 7th ST, San Jose, CA 95112
- $2,299,500
- 6,536
- SqFt
Listed by Michael Shields, 408-356-1900 from SiliconValley MultiFamilyGroup
(If provided) CoList: from
Sold listing courtesy of Michael Shields from SVN
- Sold Price
- $2,299,500
- List Price
- $2,500,000
- Closing Date
- Feb 10, 2026
- MLS#
- ML82023937
- Status
- SOLD
- Zoning
- RM
- Sqft. of Residence
- 6,536
- Lot Size
- 12,420
- Listing Area
- Central San Jose
Property Description
13-unit multifamily in downtown San Jose. Features 12 one-bedroom/one-bath units and 1 studio, with on-site laundry, 12 parking spaces (9 covered), and attractive curb appeal with mature landscaping. Current average rent is $1,339/month vs. ~$2,000 market, creating strong value-add potential. Priced below area averages. Built in 1961 on a 12,420 SF lot, the 6,536 SF structure offers stable cash flow with upside through renovations, rent increases, and compliance upgrades. Ideal for investors seeking repositioning opportunities, 1031 exchange buyers, or those comfortable with renovation-driven appreciation. Marketing package and disclosures available.
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Additional Information
- Acres
- 0.29
- Age
- 64
- Cooling System
- Ceiling Fan, Central AC, Window / Wall Unit
- Days On Market
- Unknown
- Floor Covering
- Carpet, Hardwood
- Foundation
- Concrete Perimeter
- Garage Parking
- Carport, Parking Area
- Heating System
- Radiant
- Laundry Facilities
- Coin Operated
- Living Area
- 6,536
- Lot Description
- Grade - Level
- Lot Size
- 12,420
- Neighborhood
- Central San Jose
- Other Utilities
- Individual Electric Meters, Individual Gas Meters
- Roof
- Flat / Low Pitch, Tar and Gravel
- Sewer
- Sewer Connected, Sewer in Street
- View
- Downtown
- Zoning
- RM
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