858-525-5007

132 Reed, San Jose CA 95112 | $1,500,000

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 0 Lot Sq Ft
  • Type:
  • Stories: 0
  • Year Built: 1955
  • MLS#: ML82038150
  • Community: 699 - Not Defined

Listing provided courtesy of Jim Meech of James Meech, Broker. Last updated 2026-04-20 08:24:50.000000. Listing information © 2025 SANDICOR.

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.

More Details

Parking Spots: 8.00
Carport Spaces: 0.00
Construction Materials: Brick

David Piper​

Call or Text: 858-525-5007

DRE# 02021985