- $1.6M Price
- .14 Acres
- 9 DOM
132 E Reed Street
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.
Essential Information
- MLS® #ML82038150
- Price$1,600,000
- Bathrooms0.00
- Acres0.14
- Year Built1955
- TypeCommercial Sale
- StatusActive
Community Information
- Address132 E Reed Street
- Area699 - Not Defined
- CitySan Jose
- CountySanta Clara
- Zip Code95112
Amenities
- Parking Spaces8
Interior
- CoolingNone
Exterior
- ExteriorBrick
- RoofComposition
- ConstructionBrick
School Information
- DistrictSan Jose Unified
Additional Information
- Date ListedMarch 11th, 2026
- Days on Market9
- ZoningC3
Listing Details
- AgentJim Meech
- OfficeJames Meech, Broker
Price Change History for 132 E Reed Street, San Jose, (MLS® #ML82038150)
| Date | Details | Change |
|---|---|---|
| Status Changed from Active Under Contract to Active | – | |
| Status Changed from Active to Active Under Contract | – |
Jim Meech, James Meech, Broker.
Based on information from California Regional Multiple Listing Service, Inc. as of March 23rd, 2026 at 5:21am PDT. 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.