132 Reed Street, San Jose, CA 95112

Building Details

Year Built

1955

Listing office JAMES MEECH, BROKER j**@jimmeech.com Show Phone

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 JAMES MEECH, BROKER

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Overview

Located in the Sun Neighborhood, this multifamily complex features eight 1-bedroom, 1-bathroom units. The property offers a stable income stream with upside potential through value-add opportunities. The building has durable construction and double-pane windows. An on-site laundry facility presents an opportunity for additional income. The property is situated in a walkable neighborhood near San Jose State University, the SoFA District, and William Street Park. The property is suitable for a 1031 exchange or long-term investment in Silicon Valley's rental market. The building footprint is approximately 3,940 square feet.

Suggested Use

Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Skin Care Clinic Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

San Jose

County

Santa Clara

State

California

Longitude

-121.8809336

Latitude

37.3281459

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FAQs

What type of property is this?

Apartment building - Rare 8-unit multifamily property in downtown San Jose.

Where is this apartment building located?

The property is located at 132 Reed Street San Jose, CA.

What is the asking price?

The asking price for this property is $1,600,000.

What are key features of this property?

This property features: Prime Downtown San Jose Location: Highly walkable area near SJSU, SoFA District, and William Street Park.; Value‑Add Opportunity: Below‑market rents offer potential for increased Net Operating Income (NOI).; Stable Income Stream: An 8‑unit multi‑family complex (all 1BR/1BA units) provides consistent revenue.