132 E Reed ST, San Jose, CA 95112
- $1,350,000
- 3,940
- SqFt
Listed by Jim Meech, 408-718-3116 from James Meech, Broker
(If provided) CoList: from
Sold listing courtesy of RECIP from RCIP
- Sold Price
- $1,350,000
- List Price
- $1,500,000
- Closing Date
- Jun 05, 2026
- MLS#
- ML82038150
- Status
- SOLD
- Sqft. of Residence
- 3,940
- Lot Size
- 6,027
- Listing Area
- Central San Jose
- Year Built
- 1955
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.
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Additional Information
- Cooling System
- None
- Days On Market
- Unknown
- Foundation
- Concrete Perimeter and Slab
- Garage Parking
- Off-Site Parking
- Heating System
- Gas
- Living Area
- 3,940
- Lot Size
- 6,027
- Neighborhood
- Central San Jose
- Other Rooms
- Laundry Room, Storage
- Other Utilities
- Public Utilities
- Roof
- Composition
- Sewer
- Sewer Connected
- Zoning
- C3
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