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$2,299,500
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Property Description
13-unit multifamily in downtown San Jose. Features 12 one-bedroom/one-bath units and 1 studio, with on-site laundry, 12 parking spaces (9 covered), and attractive curb appeal with mature landscaping. Current average rent is $1,339/month vs. ~$2,000 market, creating strong value-add potential. Priced below area averages. Built in 1961 on a 12,420 SF lot, the 6,536 SF structure offers stable cash flow with upside through renovations, rent increases, and compliance upgrades. Ideal for investors seeking repositioning opportunities, 1031 exchange buyers, or those comfortable with renovation-driven appreciation. Marketing package and disclosures available.
Full Property Details
Full Property Details for 358 N 7th St
General
- Sold For: $2,299,500
- Status: Closed
- Type: Multi-Family
- Source: RE_Infolink
- MLS ID: ML82023937
- Added to Site: 147 day(s) ago
Interior
- Flooring: Carpet, Hardwood
Rooms
Other Rooms
- Kitchen: 220 Volt Outlet, Appliances (Varies by Unit), Dishwasher, Microwave
- Laundry: Coin-Operated
Additional Information
- Extras: Not Applicable
- Security/Safety: None
Parking
- Parking Features: Carport , Parking Area
Location
- Area: Central San Jose
- County: Santa Clara
- Cross Streets: E Empire St.
Heating & Cooling
- Cooling Type: Ceiling Fan, Central AC, Window / Wall Unit
- Heating Type: Radiant
Utilities
- Sewer: Sewer Connected, Sewer in Street
- Water: Public
- Telecomm.: Cable TV, Satellite Dish
- Utility Description: Individual Electric Meters, Individual Gas Meters
- Metering: Master Water, Separate Electric, Separate Gas
Structural Information
- Construction: Wood
- Foundation: Concrete Perimeter
- Roof: Flat / Low Pitch, Tar and Gravel
- Disability Access: Parking
- Square Feet: 6,536
- Year Built: 1961
Lot Features
- Property View: Downtown
- Lot Size (Acres): 0.2851
- Minimum Lot Size: 12420
- Lot Size (Sq. Ft.): 12,420
- Building Sites: 1
- Zoning: RM
- Lot Description: Level
Listed by SiliconValley MultiFamilyGroup, Michael Shields
Sold by Svn, Michael Shields
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Schools
Schools serving 358 N 7th St
School District:San Jose Unified School District
| Name | Grades | Distance |
|---|---|---|
Grant Elementary School, San Jose, CA 470 Jackson Street, San Jose, CA 95112 | K-5 | 0.4 mi |
Muwekma Ohlone Middle 850 North 2nd Street, San Jose, CA 95112 | 6-8 | 0.9 mi |
San Jose High School 275 North 24th Street, San Jose, CA 95116 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 358 N 7th St
Date
Details
Price
Change
Source
2/10/2026
Sold
$2,299,500
-8.02%
MLS
11/21/2025
Price Reduced
$2,500,000
-14.53%
MLS
10/06/2025
Listed
$2,925,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
358 N 7th St, San Jose, CA 95112 (MLS# ML82023937) is a Multi-Family property that was sold at $2,299,500 on February 10, 2026. Want to learn more about 358 N 7th St? Do you have questions about finding other Multi-Family 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.

