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E Reed, San Jose CA 95112
E Reed, San Jose CA 95112
E Reed, San Jose CA 95112
California>San Jose>South Campus

E ReedSan Jose, CA 95112

For Sale

$1,500,000

Smart Buyer Rebate $15,000

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.

Listed by Jim Meech

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License #01145137

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James Meech, Broker

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408-718-3116

Last updated April 22, 2026

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Source: MLSListings #ML82038150

Listing Facts

  • TypeMulti-family
  • NeighborhoodSouth Campus
  • Days on Prevu52
  • Size3,940 sqft
  • Price per sqft$381

Amenities

  • Pets Allowed
  • Parking

Location

Mortgage Calculator

Listing History

04/19/2026
Price Decreased
$1,500,000
03/17/2026
Status changed to Active
$1,600,000
03/14/2026
Status changed to In Contract
$1,600,000
03/11/2026
Listed by James Meech, Broker
$1,600,000

Property Details for E Reed

Association

General

  • Number Of Units In Community: 8

Exterior

Construction

  • Roof: Composition
  • Year Built: 1955

Measurements

  • Building Area Total: 3,940
  • Lot Size Area: 6,027
  • Lot Size Square Feet: 6,027

Financial

Taxes

  • Parcel Number: 472-27-056

Interior

Measurements

  • Living Area: 3,940

Other

Features

  • Accessibility Features: Parking

Parking

Parking

  • Carport: Yes
  • Parking Features: Off-Site Parking
  • Parking Total: 8

Schools

Elementary School

  • Elementary School District: San Jose Unified

High School

  • High School District: San Jose Unified

Utilities

Equipment

  • Heating: Gas
  • Utilities: Public Utilities, Water - Public
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at E Reed.

Does this multi-family home have parking?

Yes, there are 8 parking spaces available for E Reed.

How does E Reed compare to other multi-family homes in South Campus?

This multi-family home is listed 54% below the average price for multi-family homes in South Campus and has been on the market for 21 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 3,940 sqft.

E Reed is a -bedroom multi-family home for sale in San Jose CA 95112. Available on Prevu for 52 days at $1,500,000. This includes a recent price decrease of $100,000. This residence features 3,940 square feet of living space, located in San Jose. The median listing price for multi-family homes in this area is $1,117,711. The home offers pets allowed and parking. View other 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.