Multifamily Investment Opportunity Near
128 7th Street, San Jose, CA 95112
Value-add multifamily property near San Jose State University.
Property size:
4,475 SFLot size:
0.35 AcresPrice / SF:
$502/SF- Added:
- Mar 13, 2026
- Days on Market:
- 58
- Last Refresh:
- Mar 16 at 10:59 am
Property Features for 128 7th Street
General Information
- Standard status
- Active
- Size
- 4,475 SF
- Lot size
- 0.35 Acres
Building Details
- Year Built
- 1898
Listing agent MICHAEL SHIELDS License #01327546
Listing office SILICONVALLEY MULTIFAMILYGROUP (408) 356-1900
Listing date Mar 13, 2026
Source Corcoran
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of SILICONVALLEY MULTIFAMILYGROUP
HighLights
- Value‑add opportunity with potential for ADU and remodeling of existing units
- Located in the Horace Mann neighborhood of North Downtown San Jose, two blocks from San Jose State University and City Hall
- Consists of four residential structures totaling 5,873 SF on two parcels totaling 15,420 SqFt
- Property includes 10 units: (6) 1BR/1BA, (1) 2BR/1BA, (1) 3BR/1BA, and (2) additional 1BR/1BA units
- Zoned Residential Neighborhood in the San Jose 2040 General Plan; structures are legal, non‑conforming
- Ample parking available in the rear of the property
Overview
This property presents a value-add opportunity for experienced investors, with potential for ADU development and remodeling of existing units. The property includes four residential structures totaling 5,873 square feet, situated on two parcels totaling 15,420 square feet. Located in the Horace Mann neighborhood of North Downtown San Jose, the parcels are near San Jose State University and City Hall. The property is zoned Residential Neighborhood in the San Jose 2040 General Plan, making the structures legal, non-conforming. The property consists of 10 units in four structures on two contiguous lots. The unit mix includes: 126 N 7th Street, a triplex with two 1-bedroom/1-bathroom units and one 2-bedroom/1-bathroom unit; 128 N 7th Street, a single-family residence with one 3-bedroom/1-bathroom unit; 130 N 7th Street, a duplex with two 1-bedroom/1-bathroom units; and 132, 132-A, 134, 136 N 7th Street, a fourplex with four 1-bedroom/1-bathroom units. Ample parking is available in the rear of the property. The parking area and driveways on the two parcels are unpaved and partially covered in gravel. The wood structures require some repair work.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- San Jose
- County
- Santa Clara
- State
- California
- Longitude
- -121.8854295
- Latitude
- 37.341335
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Value-add multifamily property near San Jose State University.
Where is this apartment building located?
The property is located at 128 7th Street San Jose, CA.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: Value‑add opportunity with potential for ADU and remodeling of existing units; Located in the Horace Mann neighborhood of North Downtown San Jose, two blocks from San Jose State University and City Hall; Consists of four residential structures totaling 5,873 SF on two parcels totaling 15,420 SqFt
