358 N 7th Street, San Jose, CA 95112

About this property

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.

Listing description from the February 2026 sale, as reported to CRMLS.

Sale history

$2,299,500

Sold February 2026 · listed $2,500,000, orig. $2,925,000, on market October 2025 · MLS #ML82023937 · Source: CRMLS

Listing Agent: Michael Shields · Listing Office: SiliconValley MultiFamilyGroup · Contact: 408-356-1900 · Bought with: Michael Shields · SiliconValley MultiFamilyGroup

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