Millman Team Real Estate

$1,600,000
0.14 Acre Lot

132 E Reed Street, San Jose, California 95112

  • Commercial Sale Property Type
  • 1955 Year Built
Property Description

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.

Basic Details
Commercial Sale
For Sale
ML82038150
$1,600,000
1955
0.14 Acre
Active
: Composition
Features
: None
$0
Address Map
CA
Santa Clara
San Jose
95112
Reed
132
Street
W122° 7' 8.8''
N37° 19' 41.2''
Near corner of S 4th and E. Reed Streets Cross Street: S. 4th
699 - Not Defined
E
C3
Neighborhood
San Jose Unified
Additional Information
$0
$0
$0
$0
$0
3940
: Brick
2026-03-11
: Public
Broker/Agent Information
James Meech, Broker
Jim Meech
Financial
16896.0
Listing Information
ML5084798
ML5038429
Active
2026-04-10T06:21:04Z
CRMLS
: Standard
2026-03-16T17:00:00Z
Agent info
Ray Millman
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