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128 E Reed St
San Jose, CA 95112
128 East Reed · Multifamily Property For Sale
·
6 Units
Investment Highlights
- BUILT IN 1980 - Not Subject to San Jose City Rent Control
- PRIDE OF OWNERSHIP - Renovated Asset Demonstrates Pride of Ownership with $370K+ of Recent Upgrades
- GATED COMMUNITY With Secure Entrances
- PRIME DOWNTOWN SAN JOSE LOCATION - SUN Neighborhood near San Jose State University
- WASHER AND DRYER In-Unit Laundry (3 Units) + New Common Area Coin Operated Washer and Dryer
- COMMUTER FRIENDLY LOCATION - Fantastic Location for Commuters & Students
Property Facts
| No. Units | 6 | Building Size | 4,386 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1979 |
| Building Class | C | Parking Ratio | 2.51/1,000 SF |
| Lot Size | 0.20 AC | ||
| Zoning | RM, San Jose | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 4,386 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1979 |
| Parking Ratio | 2.51/1,000 SF |
| Zoning | RM, San Jose |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Heating
- Kitchen
- Tub/Shower
Site Amenities
- 24 Hour Access
- Courtyard
- Fenced Lot
- Laundry Facilities
- Tenant Controlled HVAC
- Gated
- Trash Pickup - Curbside
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 2 | $1,950 | 422 - 484 |
| 2+1 | 2 | $2,795 | 796 |
| 2+2 | 2 | $2,895 | 869 |
Property Taxes
| Parcel Number | 472-27-055 | Improvements Assessment | $933,300 |
| Land Assessment | $1,055,700 | Total Assessment | $1,989,000 |
Property Taxes
Parcel Number
472-27-055
Land Assessment
$1,055,700
Improvements Assessment
$933,300
Total Assessment
$1,989,000
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