- $2.5M Price
- 6,536 Sqft
- .29 Acres
- 49 DOM
358 N 7th Street
13-unit multifamily in downtown San Jose. Features 12 one-bedroom/one-bath units and 1 studio, with on-site laundry, 12 parking spaces (9 covered), and attractive curb appeal with mature landscaping. Current average rent is $1,339/month vs. ~$2,000 market, creating strong value-add potential. Priced below area averages. Built in 1961 on a 12,420 SF lot, the 6,536 SF structure offers stable cash flow with upside through renovations, rent increases, and compliance upgrades. Ideal for investors seeking repositioning opportunities, 1031 exchange buyers, or those comfortable with renovation-driven appreciation. Marketing package and disclosures available.
Essential Information
- MLS® #ML82023937
- Price$2,500,000
- Bathrooms0.00
- Square Footage6,536
- Acres0.29
- Year Built1961
- TypeResidential Income
- Sub-TypeMixed Use
- StatusActive
Community Information
- Address358 N 7th Street
- Area699 - Not Defined
- CitySan Jose
- CountySanta Clara
- Zip Code95112
Amenities
- Parking Spaces12
- ParkingCarport
- GaragesCarport
Interior
- InteriorCarpet, Wood
- AppliancesDishwasher, Microwave
- HeatingRadiant
- # of Stories2
Cooling
Central Air, Wall/Window Unit(s)
Exterior
- Lot DescriptionLevel
- RoofFlat, Tar/Gravel
- FoundationConcrete Perimeter
School Information
- DistrictSan Jose Unified
- ElementaryGrant
Additional Information
- Date ListedOctober 6th, 2025
- Days on Market49
- ZoningRM
Listing Details
- AgentMichael Shields
- OfficeSiliconValley MultiFamilyGroup
Price Change History for 358 N 7th Street, San Jose, (MLS® #ML82023937)
| Date | Details | Change |
|---|---|---|
| Price Reduced from $2,925,000 to $2,500,000 |
Michael Shields, SiliconValley MultiFamilyGroup.
Based on information from California Regional Multiple Listing Service, Inc. as of November 24th, 2025 at 1:11pm PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.