132 E Reed ST, San Jose, CA 95112
132 E Reed ST, San Jose, CA 95112
132 E Reed ST, San Jose, CA 95112
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Eric Sandate

Eric Sandate

+1(650) 576-5580
Listed by Jim Meech • James Meech, Broker, DRE#01145137
$ 1,500,000
Est. payment | /mo

4 Beds

5 Baths

3,940 SqFt

Save
$ 1,500,000
Est. payment | /mo
Save

4 Beds

5 Baths

3,940 SqFt

Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 3,940 sqft

Price per Sqft $380

MLS Listing ID ML82038150

Bedrooms 4

Full Baths 5

Year Built 1955

Lot Size 6,027 Sqft

Property Sub-Type Five or More Units

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.

Location

State CA

County Santa Clara

Area Central San Jose

Zoning C3

Rooms

Other Rooms Laundry Room, Storage

Interior

Heating Gas

Cooling None

Exterior

Parking Features Off-Site Parking

Utilities Available Public Utilities

Roof Type Composition

Building

Foundation Concrete Perimeter and Slab

Sewer Sewer Connected

Water Public

Others

Restrictions None

Tax ID 472-27-056

Security Features None

Special Listing Condition Not Applicable

MLSListings Inc. (MLSListings)
© 2026 MLSListings Inc. All rights reserved.

Nearby Locations

Eric Sandate

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(650) 576-5580

eric.sandate@exprealty.com

1641 Laurel St, San Carlos, CA, 94070-5216, USA

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree to receive recurring marketing communication from Eric Sandate, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

By checking this box, I agree to the Terms of Service and Privacy Policy of this website.

Go tour this home

132 E Reed ST