Property Details
About this Property
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.
MLS Listing Information
MLS #
ML82038150
MLS Source
MLSListings, Inc.
Days on Site
1
Interior Features
Cooling
None
Heating
Gas
Exterior Features
Roof
Composition
Foundation
Concrete Perimeter and Slab
Parking, School, and Other Information
Garage/Parking
Off-Site Parking, Garage: 0 Car(s)
Elementary District
San Jose Unified
High School District
San Jose Unified
Water
Public
Zoning
C3
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 8 | 8 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 480 | 1 | 1/0 | – | – | – |
| 2 | 480 | 1 | 1/0 | – | – | – |
| 3 | 480 | 1 | 1/0 | – | – | – |
| 4 | 480 | 1 | 1/0 | – | – | – |
| 5 | 480 | 1 | 1/0 | – | – | – |
| 6 | 480 | 1 | 1/0 | – | – | – |
| 7 | 480 | 1 | 1/0 | – | – | – |
| 8 | 480 | 1 | 1/0 | – | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
132 E Reed St is a Residential Income in San Jose, CA 95112. This 3,940 square foot property sits on a 6,027 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,600,000 and was built in 1955. This address can also be written as 132 E Reed St, San Jose, CA 95112.
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This listing information is up-to-date as of March 11, 2026. For the most current information, please contact Jim Meech, (408) 718-3116
