132 E Reed ST, San Jose, CA 95112
132 E Reed ST, San Jose, CA 95112
132 E Reed ST, San Jose, CA 95112
Listed by Jim Meech • James Meech, Broker, DRE#01145137
Bought with RECIP • Out of Area Office
$1,350,000
Est. payment /mo
$1,500,000
10.0%
Est.Price: ?

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4 Beds
5 Baths
3,940 SqFt
SOLD DATE : 06/05/2026

Key Details

Sold Price $1,350,000

Property Type Commercial

Sub Type Five or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 3,940 sqft

Price per Sqft $342

MLS Listing ID ML82038150

Sold Date 06/05/26

Bedrooms 4

Full Baths 5

Year Built 1955

Lot Size 6,027 Sqft

Property Sub-Type Five or More Units

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.

Location

State CA

County Santa Clara

Area Central San Jose

Zoning C3

Rooms

Other Rooms Laundry Room, Storage

Interior

Heating Gas

Cooling None

Exterior

Parking Features Off-Site Parking

Utilities Available Public Utilities

Roof Type Composition

Building

Foundation Concrete Perimeter and Slab

Sewer Sewer Connected

Water Public

Others

Restrictions None

Tax ID 472-27-056

Security Features None

Special Listing Condition Not Applicable

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