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San Jose, CA, 95112 • Downtown • Santa Clara County
$406/sqft
Down payment assistance available
8Beds
8Baths
3,940Sqft
0.14 acLot
1955Built
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Listed 26 days ago · 920 views · 42 saves
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26 days on market
Recently listed
$406/sqft
Price per square foot
Multi Family · Built 1955
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.
Standout features identified
Our analysis highlights durable construction, on-site laundry facilities, and double-pane windows as key attractions of this home.
Based on current rates
Est. 6.35% rate · 30yr fixed · $1,280,000 loan
Full calculator →Key facts and listing details
6 categories of property features
Market data and value estimates
3 schools rated nearby
San Jose, CA, 95112
3 events
Local context around this listing
San Jose, CA • Santa Clara County
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Based on information from the MLSListings MLS as of 2026-04-07 10:14:20 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.
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