358 N 7th Street, San Jose, CA 95112

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$2,299,500
List Price
$2,500,000
Closing Date
Feb 10, 2026
Status
CLOSED
MLS#
ML82023937
Year Built
1961
Living Sq. Ft
6,536
Lot Size
12,420
Acres
0.29
Lot Location
Level
Days on Market
65
Property Type
Multifamily
Property Sub Type
Mixed Use

Property Description

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.

Additional Information

Taxes
$40,041
Appliances
Dishwasher, Microwave
Heat
Radiant
Cooling
Yes
Cooling Description
Central Air, Wall/Window Unit(s)
Roof
Flat, Tar/Gravel
Water
Public
School District
San Jose Unified
Elementary School
Grant
Attached Structure
Detached
Gross Scheduled Income
$209,532

Listing courtesy of Listing Agent: Michael Shields (michael@svmultifamily.com) from Listing Office: SiliconValley MultiFamilyGroup.

Listing sold by Michael Shields from SiliconValley MultiFamilyGroup

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.