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PRICE $1,500,000
BEDS 0
BATHS 0
HOME SIZE 3,940 sqft
LOT SIZE n/a
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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.

LAST UPDATED 4/19/2026 YEAR BUILT 1955
COUNTY Santa Clara STATUS Active
PROPERTY TYPE(S) Multi Family

PRICE HISTORY
Prior to Apr 19, '26 $1,600,000
Apr 19, '26 - Today $1,500,000


ADDITIONAL DETAILS
AIR None
CONSTRUCTION Brick, Frame
HEAT Natural Gas
LOT 0
LOT DIMENSIONS 6027.00
PARKING Off Site
POOL DESCRIPTION None
TAXES 16896
WATER Public
ZONING C3
Listed by Jim Meech | 408-718-3116, James Meech, Broker

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. All real estate listings in the MLSListings MLS system are marked with the MLSListings Internet Data Exchange icon (a stylized house inside a circle), and detailed information about them includes the names of the listing brokers and listing agents.

 

Based on information from MLSListings MLS as of 4/19/26 10:34 PM PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Copyright 2026 MLSListings Inc. All rights reserved.

This IDX solution is (c) Diverse Solutions 2026.


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