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$1,350,000

  • Sold
  • Closed
  • Commercial Residential Facility
  • 3,940 Sq. Ft.
See This Home
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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.

Full Property Details for 132 E Reed St

General

  • Sold For: $1,350,000
  • Status: Closed
  • Type: Commercial Residential Facility
  • Source: RE_Infolink
  • MLS ID: ML82038150
  • Added to Site: 113 day(s) ago

Additional Information

  • Security/Safety: None

Parking

  • Parking Features: Off-Site Parking

Location

  • Area: Central San Jose
  • County: Santa Clara
  • Cross Streets: S. 4th

Heating & Cooling

  • Cooling Type: None

Utilities

  • Sewer: Sewer Connected
  • Water: Public
  • Utility Description: Public Utilities
  • Metering: Master Water, Separate Electric, Separate Gas

Structural Information

  • Construction: Brick, Wood Frame
  • Foundation: Concrete Perimeter and Slab
  • Roof: Composition
  • Disability Access: Parking
  • Square Feet: 3,940
  • Year Built: 1955

Unit Information

Unit 1

  • Square Feet: 480
  • Bedrooms: 1

Unit 2

  • Square Feet: 480
  • Bedrooms: 1

Unit 3

  • Square Feet: 480
  • Bedrooms: 1

Unit 4

  • Square Feet: 480
  • Bedrooms: 1

Lot Features

  • Minimum Lot Size: 6027
  • Building Sites: 1
  • Zoning: C3

Disclosures and Reports

  • Restrictions: None

Listed by James Meech, Broker, Jim Meech
Sold by Rcip, RECIP

Listing agent

— 132 E Reed St —

  • Jim Meech

    James Meech, Broker

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 132 E Reed St

School District:San Jose Unified School District
NameGradesDistance
Gardner Elementary School
502 Illinois Avenue, San Jose, CA 95125
K-51 mi
Herbert Hoover Middle School, San Jose, CA
1635 Park Avenue, San Jose, CA 95126
6-82.4 mi
Abraham Lincoln High School
555 Dana Avenue, San Jose, CA 95126
9-122.4 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 132 E Reed St

Date
Details
Price
Change
Source
6/05/2026
Sold
$1,350,000
-10%
MLS
4/19/2026
Price Reduced
$1,500,000
-6.25%
MLS
3/11/2026
Listed
$1,600,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by James Meech, Broker, Jim Meech
Sold by Rcip, RECIP

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132 E Reed St, San Jose, CA 95112 (MLS# ML82038150) is a Commercial Residential Facility property that was sold at $1,350,000 on June 05, 2026. Want to learn more about 132 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.