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$2,450,000
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Property Description
Marcus & Millichap is pleased to present 128 E. Reed Street, a well-maintained six-unit multifamily investment located near San Jose State University in the SUN neighborhood. Construction was completed in 1980, and as such, the property is not subject to the City of San Joses rent control ordinance, providing an owner with greater flexibility in rent growth. The property has been thoughtfully updated and showcases a clean, modern aesthetic, with fresh exterior paint, pitched rooflines, and double-pane windows throughout. The property offers a secured, gated entry and a finished parking courtyard with interlocking pavers. The parking configuration includes ten on-site spaces, with seven open stalls and three covered spaces. All units have been fully renovated with modern finishes, and three of the six units feature in-unit laundry, further enhancing tenant appeal.
Full Property Details
Full Property Details for 128 E Reed St
General
- Sold For: $2,450,000
- Status: Closed
- Type: Commercial Residential Facility
- Source: RE_Infolink
- MLS ID: ML82034411
- Added to Site: 143 day(s) ago
Interior
- Flooring: Vinyl / Linoleum
Rooms
Other Rooms
- Kitchen: Marble Countertop
- Laundry: Coin-Operated, Washer/Dryer in Some Units
Additional Information
- Security/Safety: Security Fence
Parking
- Parking Features: Assigned Spaces
Location
- Area: Central San Jose
- County: Santa Clara
- Cross Streets: South Third Street
Community
- Assoc. Fees Include: Additional Storage, Community Security Gate
Heating & Cooling
- Cooling Type: Ceiling Fan, Central AC
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Individual Electric Meters, Individual Gas Meters
- Metering: Master Water, Separate Electric, Separate Gas
Structural Information
- Construction: Wood Frame
- Foundation: Concrete Slab
- Roof: Composition, Shingle
- Disability Access: None
- Square Feet: 4,386
- Year Built: 1980
Unit Information
Unit 1
- Square Feet: 500
Unit 2
- Square Feet: 850
- Bedrooms: 2
Unit 3
- Square Feet: 900
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.2
- Minimum Lot Size: 8833
- Building Sites: 1
- Grounds/Landscape: Back Yard, Balcony / Patio, Courtyard, Fenced
- Zoning: R3
Disclosures and Reports
- Restrictions: None
Listed by Marcus & Millichap, Jimmy Castellanos
Sold by Rbt, Jermin Jojo
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Schools
Schools serving 128 E Reed St
School District:San Jose Unified School District
| Name | Grades | Distance |
|---|---|---|
Gardner Elementary School 502 Illinois Avenue, San Jose, CA 95125 | K-5 | 0.9 mi |
Herbert Hoover Middle School, San Jose, CA 1635 Park Avenue, San Jose, CA 95126 | 6-8 | 2.4 mi |
Abraham Lincoln High School 555 Dana Avenue, San Jose, CA 95126 | 9-12 | 2.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 128 E Reed St
Date
Details
Price
Change
Source
5/14/2026
Sold
$2,450,000
-1.01%
MLS
3/13/2026
Price Reduced
$2,475,000
-3.88%
MLS
2/10/2026
Listed
$2,575,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
128 E Reed St, San Jose, CA 95112 (MLS# ML82034411) is a Commercial Residential Facility property that was sold at $2,450,000 on May 14, 2026. Want to learn more about 128 E Reed St? Do you have questions about finding other Commercial Residential Facility real estate for sale in San Jose? You can browse all San Jose real estate or contact a Coldwell Banker agent to request more information.

