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358 N 7th Street, San Jose, CA 95112

Local realty services provided by:CENTURY 21 Cornerstone
358 N 7th Street,San Jose, CA 95112
$2,500,000
  • - Beds
  • - Baths
  • 6,536 sq. ft.
  • Multi-family
  • Active
Listed by: michael shields
Office: siliconvalley multifamilygroup
MLS#:ML82023937
Source:CRMLS

Price summary

  • Price:$2,500,000
  • Price per sq. ft.:$382.5

About this home

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.

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Home facts

  • Year built:1961
  • Listing ID #:ML82023937
  • Added:73 day(s) ago
  • Updated:December 19, 2025 at 12:14 PM

Rooms and interior

  • Living area:6,536 sq. ft.

Heating and cooling

  • Cooling:Central Air, Wall Window Units
  • Heating:Radiant

Structure and exterior

  • Roof:Flat, Tar Gravel
  • Year built:1961
  • Building area:6,536 sq. ft.
  • Lot area:0.29 Acres

Schools

  • Elementary school:Grant

Utilities

  • Water:Public

Finances and disclosures

  • Price:$2,500,000
  • Price per sq. ft.:$382.5
  • Tax amount:$40,041
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