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$ 2,575,000

Est. payment | -/mo

4 Beds

4 Baths

4,386 SqFt

Save

$ 2,575,000

Est. payment | -/mo

Save

4 Beds

4 Baths

4,386 SqFt

Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 4,386 sqft

Price per Sqft $587

Lot Size 8,833 Sqft

MLS Listing ID ML82034411

Bedrooms 4

Full Baths 4

Property Description

Marcus & Millichap is pleased to present 128 E. Reed Street, a well-maintained six-unit multifamily investment located near San Jose State University in the SUN neighborhood. Construction was completed in 1980, and as such, the property is not subject to the City of San Joses rent control ordinance, providing an owner with greater flexibility in rent growth. The property has been thoughtfully updated and showcases a clean, modern aesthetic, with fresh exterior paint, pitched rooflines, and double-pane windows throughout. The property offers a secured, gated entry and a finished parking courtyard with interlocking pavers. The parking configuration includes ten on-site spaces, with seven open stalls and three covered spaces. All units have been fully renovated with modern finishes, and three of the six units feature in-unit laundry, further enhancing tenant appeal.

Location

State CA

County Santa Clara

Area Central San Jose

Zoning R3

Rooms

Kitchen Countertop - Marble

Interior

Heating Central Forced Air

Cooling Ceiling Fan, Central AC

Flooring Vinyl / Linoleum

1-purchase type For Sale

Exterior

Exterior Feature Back Yard, Balcony / Patio, Courtyard, Fenced

Garage Assigned Spaces

Community Features Additional Storage, Community Security Gate

Utilities Available Individual Electric Meters, Individual Gas Meters

Roof Type Composition,Shingle

Building

Foundation Concrete Slab

Sewer Sewer - Public

Water Public

Others

Restrictions None

Tax ID 472-27-055

Security Features Security Fence

Special Sale Not Applicable

Listed by Jimmy Castellanos of Marcus & Millichap
Bought with Jimmy Castellanos of Marcus & Millichap

128 E Reed ST San Jose, CA 95112