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For sale
  • $1,600,000

    E Reed St, San Jose, CA 95112

    8beds
    8baths
    3,940sqft
    : 
    Five Or More Units, Residential Income
    Built in 1955
    -- sqft lot
    $-- Zestimate®
    $406/sqft
    $-- HOA

    What's special

    Durable constructionOn-site laundry facilitiesDouble-pane windows
    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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    Zillow last checked: 7 hours ago

    Listing updated: March 11, 2026 at 08:51am

    Listed by:

    Jim Meech 01145137 408-718-3116,

    James Meech, Broker 408-718-3116

    Source: MLSListings Inc,MLS#: ML82038150MLS Logo

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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 8
    Heating
    • Gas
    Cooling
    • None
    Interior area
    • Total structure area: 3,940
    • Total interior livable area: 3,940 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Off Site
    • Has carport: Yes
    Accessibility
    • Accessibility features: Parking
    Lot
    • Size: 6,027 Square Feet
    Details
    • Parcel number: 47227056
    • Zoning: C3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Five Or More Units, Residential Income
    Materials
    • Foundation: Concrete Perimeter and Slab
    • Roof: Composition
    Condition
    • Year built: 1955

    Utilities & green energy

    • Gas: PublicUtilities
    • Water: Public
    • Utilities for property: Public Utilities, Water Public

    Community & HOA

    Location
    • Region: San Jose

    Financial & listing details

    • Price per square foot: $406/sqft
    • Date on market: 3/11/2026
    • Listing agreement: ExclusiveAgency
    • Inclusions: OvenRangeAllUnits
    • Lease term: Month To Month
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    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Price history

    Price history
    DateEventPrice
    3/11/2026Listed for sale$1,600,000$406/sqft
    Source: MLSListings Inc #ML82038150 Report a problem

    Public tax history

    Public tax history
    Tax history is unavailable.

    BuyAbility℠ payment

    Est. payment
    $9,417/mo
    Principal & interest
    $7830
    Property taxes
    $1587
    More affordability tools

      Climate risks

      Neighborhood: Downtown

      Getting around

      93 / 100
      Walker's Paradise
      66 / 100
      Good Transit
      84 / 100
      Very Bikeable

      Nearby schools

      GreatSchools rating
      Schools provided by the listing agent
      • District: SanJoseUnified

      Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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