Home | Santa Clara County | San Jose | 95112 | 358 N 7th St
MLS: ML82023937 | Status: Sold | Price: $2,299,500
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Acres Lot | Yr Built |
|---|---|---|---|---|
| – | – | 6,536 | 0.285 | 1961 |
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.
| Field | Value |
|---|---|
| MLS # | ML82023937 |
| MLS Source | MLSListings, Inc. |
| Feature | Details |
|---|---|
| Kitchen | 220 Volt Outlet |
| Appliances | Dishwasher, Microwave |
| Flooring | Carpet, Hardwood |
| Laundry | Coin Operated |
| Cooling | Ceiling Fan, Central Forced Air, Window/Wall Unit |
| Heating | Radiant |
| Feature | Details |
|---|---|
| Roof | Flat, Tar/Gravel |
| Foundation | Concrete Perimeter |
| Feature | Details |
|---|---|
| Garage/Parking | Carport, Parking Area, Garage: 0 Car(s) |
| Elementary District | San Jose Unified |
| High School District | San Jose Unified |
| Water | Public |
| Zoning | RM |
Michael Shields
SiliconValley MultiFamilyGroup
License #: 01327546
Phone: (408) 356-1900
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 13 | – |
School data provided by GreatSchools.org
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This listing information is up-to-date as of February 10, 2026. For the most current information, please contact Michael Shields, (408) 356-1900.