132 E Reed Street, San Jose, CA 95112
Commercial property
Sold June 2026
Listing Agent: Jim Meech (DRE #01145137) · Listing Office: James Meech, Broker · Contact: (408) 718-3116 · Bought with: RECIP · Out of Area Office · MLS #ML82038150 · Source: CRMLS
How this sale compares
132 E Reed Street sold for $1,350,000 in June 2026, 10% under its $1,500,000 list price, after 51 days on the market. It was first listed at $1,600,000.
Figures are MLS-reported closed sales (CRMLS). Nalren does not estimate values.
About this commercial property
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.
Listing description from the June 2026 sale, as reported to CRMLS.
Sale history
Questions about 132 E Reed Street
When did 132 E Reed Street last sell?
132 E Reed Street last sold in June 2026 for $1,350,000, according to CRMLS-reported closed sales.
What did 132 E Reed Street sell for?
$1,350,000, 10% below the $1,500,000 list price, after 51 days on the market.
Is 132 E Reed Street for sale now?
132 E Reed Street is not currently listed on the MLS. Browse current homes for sale in San Jose on Nalren.