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132 East Reed Street, SAN JOSE, CA 95112

(Active)
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Listed by: Jim Meech - James Meech, Broker

132 East Reed Street, SAN JOSE, CA 95112

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est.$1,600,000/month.
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beds. baths. 3,940 Sqft.

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132 East Reed Street, SAN JOSE, CA 95112

$1,600,000
Active
est.$1,600,000/month.
Start My Approval
beds baths 3,940 Sq.ft.
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Property details for 132 East Reed Street, SAN JOSE, CA 95112
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.
Broker details: James Meech, Broker

Listed by: Jim Meech
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Property Description

MLS Information

  • Listing: ML82038150
  • Listing Last Modified: 2026-03-29

Property Details

  • Standard Status: Active
  • MLS Status: Active
  • Built in: 1955

Geographic Data

  • County: Santa Clara
  • Directions: Near corner of S 4th and E. Reed Streets
Features

Interior Features

  • Living area: 3940

Exterior Features

  • Roof type: Composition
  • Pool: None
  • Foundation: Slab, Concrete Perimeter

Parking

    Utilities

    • Water: Public
    • Heating: Natural Gas
    Property Information

    Tax Information

    • Tax Annual Amount: $16,896

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