Prevu by reAlpha
BuySellBlogBrowse Listings
358 N 7th Street, San Jose CA 95112
358 N 7th Street, San Jose CA 95112
358 N 7th Street, San Jose CA 95112
358 N 7th Street, San Jose CA 95112
358 N 7th Street, San Jose CA 95112
358 N 7th Street, San Jose CA 95112
358 N 7th Street, San Jose CA 95112
358 N 7th Street, San Jose CA 95112
358 N 7th Street, San Jose CA 95112
358 N 7th Street, San Jose CA 95112
358 N 7th Street, San Jose CA 95112
California>San Jose>West Northside

358 N 7th StreetSan Jose, CA 95112

For Sale

$2,500,000

Smart Buyer Rebate $25,000

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.

Listed by Michael Shields

·

License #01327546

·

SiliconValley MultiFamilyGroup

·

408-356-1900

Last updated December 01, 2025

·

Source: MLSListings #ML82023937

Listing Facts

  • TypeMulti-family
  • NeighborhoodWest Northside
  • Days on Prevu65
  • Taxes$40,041/year
  • Size6,536 sqft
  • Price per sqft$382

Amenities

  • Dishwasher
  • Pets Allowed
  • Parking

Location

Mortgage Calculator

Listing History

11/22/2025
Price Decreased
$2,500,000
10/31/2025
Status changed to Active
$2,925,000
10/23/2025
Status changed to Removed from Feed
$2,925,000
10/06/2025
Listed by SiliconValley MultiFamilyGroup
$2,925,000

Property Details for 358 N 7th Street

Exterior

Construction

  • Roof: Flat, Tar/Gravel
  • Stories: 2
  • Year Built: 1961
  • Year Built Details: 2

Features

  • View: Downtown

Measurements

  • Building Area Total: 6,536
  • Lot Features: Grade - Level
  • Lot Size Acres: 0.28
  • Lot Size Area: 12,420
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 12,420
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 5.15
  • Gross Income: $201,151.00
  • Operating Expense Includes: Cable TV

Taxes

  • Parcel Number: 249-50-022
  • Tax Annual Amount: $40,041.00

Interior

Features

  • Appliances: Dishwasher, Microwave
  • Flooring: Carpet, Hardwood

Measurements

  • Living Area: 6,536

Other

Features

  • Accessibility Features: Parking

Parking

Parking

  • Carport Spaces: 13
  • Carport: Yes
  • Parking Features: Carport, Parking Area
  • Parking Total: 12

Schools

Elementary School

  • Elementary School: Grant Elementary_1
  • Elementary School District: San Jose Unified

High School

  • High School District: San Jose Unified

Utilities

Equipment

  • Cooling: Ceiling Fan, Central Forced Air, Window/Wall Unit
  • Heating: Radiant
  • Laundry Features: Coin Operated
  • Utilities: Water - Public, Individual Electric Meters, Individual Gas Meters
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 358 N 7th Street.

What schools are nearby to 358 N 7th Street?

Nearby schools include the Grant Elementary_1.

Does this multi-family home have parking?

Yes, there are 12 parking spaces available for 358 N 7th Street.

What are the annual taxes for 358 N 7th Street?

Annual taxes for this multi-family home are estimated at $40,041.

How does 358 N 7th Street compare to other multi-family homes in San Jose?

This multi-family home is listed 22% above the average price for multi-family homes in San Jose and has been on the market for 31 more days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 6,536 sqft.

358 N 7th Street is a -bedroom multi-family home for sale in San Jose CA 95112. Available on Prevu for 65 days at $2,500,000. This includes a recent price decrease of $425,000. This residence features 6,536 square feet of living space, located in San Jose. The median listing price for multi-family homes in this area is $1,248,800. Nearby schools include Grant Elementary_1. Property amenities include dishwasher, pets allowed, and parking. Browse more multi-family home listings in San Jose.

Based on information from MLSListings™️ and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.