132 E Reed Street San Jose, CA ^$ 1,600,000

132 E Reed Street

^$ 1,600,000

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Recently Listed

132 E Reed Street

San Jose, CA, 95112

^$ 1,600,000

Bedrooms-- Baths-- Sq 3,940

Monthly Estimate*

^$ 9,851

Listed by James Meech, Broker

132 E Reed Street, San Jose, CA 95112 - Image 1

132 E Reed Street, San Jose, CA 95112 - Image 2

132 E Reed Street, San Jose, CA 95112 - Image 3

Commercial Property for sale in San Jose, CA

for $1,600,000. This 3,940 square foot building was built in 1955 on a lot size of 0.1384.

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.

Commercial Active

Price

^$ 1,600,000

Property Type

Commercial

Taxes

^$ 16,896

Style

Lot Size

0.1384

Year Built

1955

Town/City

San Jose

County/Region

Santa Clara

MLS | Web ID

ML82038150

Days on Market

Features

General

Cooling None

Roof Composition

Zoning C3

HOA Fee 0

Construction Materials Brick

Year Built 1955

County Santa Clara

Insurance Expense 13495

Property Type Commercial Sale

MaintenanceExpense 32123

Special Listing Conditions Standard

Status Active

Directions Near corner of S 4th and E. Reed Streets Cross Street: S. 4th

City San Jose

High School District San Jose Unified

MLS Area 699 - Not Defined

Lot Size Units Square Feet

Lot Size Square Feet 6027

Carport Spaces 0

Tax Annual Amount 16896

Trash Expense 3600

Standard Status Active

Occupancy Type Tenant

Year Built Source Assessor

Interior

Air Conditioning Y/N true

Total Baths 0

Exterior

Water Source Public

Total Parking 8

Lot Size Area 6027

Number of Buildings 1

Building Area Total 3940

Lot Size Acres 0.1384

Lot Size Source Assessor

* Excluded Features

List By

James Meech, Broker

Broker

jim@jimmeech.com

Affordability Calculator

$11,259

Per Month

Monthly Principal & Interest: $9,851
Monthly Property Taxes: $1,408
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in San Jose, CA

Average List Price ^$2,563,994

Percent of Sale Price 60%

About San Jose, CA

1,023,338 Population

13% Since 2002

^$93,707 Median Income

37.72 Median Age

35% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/11/2026	$1,600,000		Listed Price

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132 E Reed Street, San Jose, CA, 95112 is a Commercial Property for sale at $1,600,000 with 3,940 sqft and a lot size of 0.1384. 132 E Reed Street was built in 1955. The property's zip code is 95112 which is in San Jose, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 4/1/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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132 E Reed Street

Commercial Property for sale in San Jose, CA

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