358 N 7th ST, SAN JOSE, CA 95112

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Active Under Contract

$2,500,000

bedrooms

bathrooms

square feet

6,536

Acreage

0.2851

Open Houses

year built

1961

Full Baths

Half Baths

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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.

Location
Subdivision	-
County	Santa Clara
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: ML82023937

Listing status: Active Under Contract

Listing agent: Michael Shields #01327546

Listing broker: Silicon Valley Multifamily Group (408) 356-1900

Last update: Wednesday, December 31 2025 at 7:34 p.m. EST

Kotohomes National