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132 E Reed St 8 Unit Apartment Building $1,600,000 ($200,000/Unit) 2.70% Cap Rate San Jose, CA 95112

Apartment Buildings California San Jose 132 E Reed St, San Jose, CA 95112

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Data Room Click Here to Access

  • Offering Memorandum

Financial Summary (Actual - 2025) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $1,600,000 Apartment Style Low-Rise
Price Per Unit $200,000 Building Class C
Sale Type Investment Lot Size 0.13 AC
Cap Rate 2.70% Building Size 3,940 SF
Sale Conditions
1031 Exchange
  • Deferred Maintenance
 Average Occupancy 100%
Gross Rent Multiplier 14.42 No. Stories 2
No. Units 8 Year Built 1955
Property Type Multifamily Parking Ratio 1/1,000 SF
Property Subtype Apartment Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning C3, San Jose
Price $1,600,000
Price Per Unit $200,000
Sale Type Investment
Cap Rate 2.70%
Sale Conditions
1031 Exchange
  • Deferred Maintenance
Gross Rent Multiplier 14.42
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.13 AC
Building Size 3,940 SF
Average Occupancy 100%
No. Stories 2
Year Built 1955
Parking Ratio 1/1,000 SF
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning C3, San Jose

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 8 - 493

Links

1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Good public transit
60/100
Moderately bikeable
70/100
Source: Local Logic®

Property Taxes

Parcel Number 472-27-056 Total Assessment $1,061,357
Land Assessment $376,811 Annual Taxes ($1) ($0.00/SF)
Improvements Assessment $684,546 Tax Year 2025

Property Taxes

Parcel Number
472-27-056
Land Assessment
$376,811
Improvements Assessment
$684,546
Total Assessment
$1,061,357
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
(408) 718-3116

Still interested?

Contact the broker for more information about this property

Contact

  • James Meech
    James Meech

  • Listing ID: 39927027

  • Date on Market: 3/27/2026

  • Last Updated:

  • Address: 132 E Reed St, San Jose, CA 95112

More public record information on 132 E Reed St, San Jose, CA 95112

The Sun Multifamily Property at 132 E Reed St, San Jose, CA 95112 is currently available. Contact James Meech for more information.

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132 E Reed St
(408) 718-3116 x

132 E Reed St

James Meech
(408) 718-3116

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