CA
Santa Clara
SAN JOSE
95112
132 E Reed Street
132 E Reed Street, SAN JOSE, CA 95112
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Listing Type
Multi Family
Listing Status
Active
3
$1,600,000

Home Details for 132 E Reed Street

Price
$1,600,000
Type
Residential Income
Bedrooms
0
Bathrooms
Square feet
3940
Year built
1955
County
Santa Clara
Garage
Days on site
1
MLS Listing#
ML82038150
Listed By: James Meech, Broker - 408-718-3116
Listed By: Jim Meech
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.

Property Features
  • Cooling Information
    • None
  • Heating Information
    • Natural Gas
  • Water Features
    • Public
  • Parking
    • Off Site
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Based on information from the MLSListings MLS. 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. Copyright 2026 MLSListings Inc. All rights reserved.

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Last Updated: 2026-03-14 13:40:27
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EXIT REALTY CONSULTANTS
16175 Monterey #A, Morgan Hill, CA 95037
CA DRE# 01424183. Kris Klair Broker.
Margaret Vierra
Associate Broker
Office
209 668 2525
Agent
408 202 3243
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