OFF MARKET

Off Market Sep 2021 for $3.9M

—

Est. refi paymentEst. refi $22,962/mo

•

9,514

sq ft

283 E Reed St, San Jose, CA 95112

About this home

Outstanding investment opportunity in Downtown San Jose- near SJSU and only 2 miles from Diridon Station. 14 units with a desirable unit mix of (9) 1/1, (4) 2/1 and (1) 3/1 units with solid in-place rents. Fully occupied wit a mix on new and long-term tenants. Realistic upside in 12 months with very attractive financing available to apartment investors. Well maintained and professionally managed property with long-term ownership.

Multi-familyProperty Type

1958Year Built

0.27 acresLot Size

$416Price/Sq.Ft.

14 car garageParking

Listed by Patrick Conkin •DRE #00922897 • Intero Real Estate Services

Contact: 408-221-1001

Bought with Patrick Conkin •DRE #00922897 • Intero Real Estate Services

Redfin checked: 2 minutes ago

•Source:MLSListings #ML81850009

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 95112, CA

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

102.2%

0.1% MoM

Median sale price

$1.0M

$75K MoM

Avg. days on market

19d

2 days MoM

Recently sold homes

14 MoM

New listings for sale

$499,000
2 beds2 baths1,537 sq ft
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4 beds2 baths1,252 sq ft
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— beds— baths9,464 sq ft
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OPEN TODAY, 1PM TO 4PM
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4 beds2 baths1,405 sq ft
1051 Marianelli Ct, San Jose, CA 95112
EARLY ACCESS
$950,000
2 beds1 bath1,108 sq ft
388 N 9th St, San Jose, CA 95112
$1,225,000
8 beds4 baths2,546 sq ft
244 E Julian St, San Jose, CA 95112
EARLY ACCESS
$1,275,000
3 beds3 baths1,980 sq ft
460 S 14th St, San Jose, CA 95112
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2 beds2 baths1,421 sq ft
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3D WALKTHROUGH
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— beds— baths15,190 sq ft
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See all

Provided by Redfin

Sale history for 283 E Reed St

Year

Property tax

Land + Additions

Assessment*

2025

$57,751 (+6.5%)

$2,706,080 + $1,580,350

$4,286,430

2024

$54,224 (+2.2%)

$2,653,020 + $1,549,363

$4,202,383

2023

$53,062 (+0.7%)

$2,601,000 + $1,518,984

$4,119,984

2022

$52,674 (+166.1%)

$2,550,000 + $1,489,200

$4,039,200

2021

$19,793 (+1.3%)

$2,500,000 + $1,460,000

$3,960,000

2020

$19,542 (+2.2%)

$360,728 + $811,671

$1,172,399

2019

$19,113 (+1.3%)

$357,030 + $803,349

$1,160,379

2018

$18,877 (+1.1%)

$350,030 + $787,598

$1,137,628

2017

$18,667 (+2.4%)

$336,439 + $757,015

$1,093,454

2016

$18,232 (+1.5%)

$336,439 + $757,015

$1,093,454

2015

$17,956 (+3.7%)

$329,843 + $742,172

$1,072,015

2014

$17,309 (+3.3%)

$318,525 + $716,705

$1,035,230

2012

$16,757 (+1.5%)

$317,086 + $713,466

$1,030,552

2011

$16,511 (+1.2%)

$310,869 + $699,477

$1,010,346

2010

$16,319 (+1.8%)

$304,774 + $685,762

$990,536

2009

$16,024 (+6.9%)

$302,497 + $680,637

$983,134

2008

$14,988

$297,271 + $668,877

$966,148

Tax history for 283 E Reed St

Year

Property tax

Land + Additions

Assessment*

2025

$57,751 (+6.5%)

$2,706,080 + $1,580,350

$4,286,430

2024

$54,224 (+2.2%)

$2,653,020 + $1,549,363

$4,202,383

2023

$53,062 (+0.7%)

$2,601,000 + $1,518,984

$4,119,984

2022

$52,674 (+166.1%)

$2,550,000 + $1,489,200

$4,039,200

2021

$19,793 (+1.3%)

$2,500,000 + $1,460,000

$3,960,000

2020

$19,542 (+2.2%)

$360,728 + $811,671

$1,172,399

2019

$19,113 (+1.3%)

$357,030 + $803,349

$1,160,379

2018

$18,877 (+1.1%)

$350,030 + $787,598

$1,137,628

2017

$18,667 (+2.4%)

$336,439 + $757,015

$1,093,454

2016

$18,232 (+1.5%)

$336,439 + $757,015

$1,093,454

2015

$17,956 (+3.7%)

$329,843 + $742,172

$1,072,015

2014

$17,309 (+3.3%)

$318,525 + $716,705

$1,035,230

2012

$16,757 (+1.5%)

$317,086 + $713,466

$1,030,552

2011

$16,511 (+1.2%)

$310,869 + $699,477

$1,010,346

2010

$16,319 (+1.8%)

$304,774 + $685,762

$990,536

2009

$16,024 (+6.9%)

$302,497 + $680,637

$983,134

2008

$14,988

$297,271 + $668,877

$966,148

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning
Permits

Beds

—

Baths

—

Stories

Lot width

—

Lot depth

—

Lot size

0.28 Acres

Year renovated

1958

Sq. Ft.

9,514

Year built

1958

Style

Multi-Family (5+ Unit)

County

Santa Clara County

APN

47228037

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 21, 2026.

R-M

Residence District (Multiple Unit Per Lot)

The purpose of the multiple residence district is to reserve land for the construction, use and occupancy of higher density residential development and higher density residential-commercial mixed use development.

Permitted uses

Include but are not limited to:

Community / recreation center
Day care facility
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Other
Educational/school
Library
Museum / gallery
Park & open space

Property details

Parking

Parking Information
Carport (Minimum): 14
Parking Description: Carport
Garage Spaces: 14

Interior

Heating & Cooling Information
Heating: Wall Furnace

Multi-Unit Information
# of Units in Complex (Minimum): 14
Annual Rental Income: $311,940
Annual Gross Income: $298,441
Gross Rent Multiplier: 13.21
Gross Scheduled Income: $314,148
Other Income: $2,208
Other Expenses: $500
Total Expenses: $95,578
Vacancy Factor: 5

Unit Type 1 Information
# of Bedrooms: 1
# of Units (Total): 9
# of Baths (Full): 1
Approx Sq. Ft.: 600
Rent: $1,595

Unit Type 2 Information
# of Bedrooms: 2
# of Units (Total): 4
# of Baths (Full): 1
Approx Sq. Ft.: 750
Rent: $1,895

Unit Type 3 Information
# of Bedrooms: 3
# of Units (Total): 1
# of Baths (Full): 1
Approx Sq. Ft.: 950
Rent: $2,600

Exterior

Exterior Features
Roof: Other (See Remarks)

Building Information
# of Buildings: 1
Subclass: 5+ Units
Concrete Perimeter and Slab

Property Features
Living Sq. Ft.: 9,514

Property Information
Ownership Type: Trust
Property Primary ID: 662711
Tenant Expenses: Utilities (Electric), Utilities (Gas), Utilities (Heating)

Land Information
Landscape Expense: $1,800

Lot Information
Lot Acres: 0.2711
Lot Size Area Minimum Units: Sq. Ft.
Lot Size Area Maximum Units: Sq. Ft.
Lot Size Source: Assessor
Zoning: RM

Financial

Tax/Assessment Information
Annual Tax Amount: $54,178
City Transfer Tax: Yes

Utilities

Utility Information
Meters: Primary Water, Separate Electric, Separate Gas
Sewer Septic: Sewer (Public)
Utilities: Public Utilities
Trash Expense: $6,000
Utility Expenses: $14,100

Water Information
Water: Public

Location

School Information
Elementary School District: San Jose Unified
High School District: San Jose Unified

Public facts

Beds: —
Baths: —
Sq. Ft.: 9,514
Stories: 2.0
Lot Size: 0.28 acres
Style: Multi-Family (5+ Unit)
Year Built: 1958
Year Renovated: 1958
County: Santa Clara County
APN: 47228037

Home facts updated by county records on Aug 21, 2026

Around this home

Schools

Lowell Elementary School

Public K-5 • Assigned • 0.1mi

2/10

Herbert Hoover Middle School

Public 6-8 • Assigned • 2.5mi

4/10

Abraham Lincoln High School

Public 9-12 • Assigned • 2.5mi

7/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Local insights from Redfin agents

43 single family homes sold in June in Central San Jose, median sales price was $1.3 M, median days on market was 14, with a list to sales price ratio of 103%, an avg sale price/sqft was $945. A year ago there were 32 homes sold with a median sales...
2 months ago • Central San Jose
Amit Singh
Redfin Premier agent
153 deals
Was this helpful?
San Jose's late summer market remains incredibly dynamic! While median prices hold steady around $1.5M, homes average 15 days on market, giving buyers a bit of breathing room on older properties. Yet, pristine turnkey gems still spark bidding wars....
3 days ago • San Jose
Johnny Singh
Redfin Premier agent
146 deals
Was this helpful?
San Jose's housing market continue to offer opportunities for both buyers and sellers. Rising inventory gives Buyar more choices and negotiating flexibility, while strong demand for well priced homes helps seller attract, qualified, buyers, maintain...
1 month ago • San Jose
Gagan Singh
Redfin Premier agent
653 deals
Was this helpful?
The San Jose housing market remains slightly in favor of sellers. While about 16% of active listings have seen price reductions as sellers adjust expectations, demand remains strong in popular neighborhoods like Willow Glen, Almaden Valley, and...
1 month ago • San Jose
Fifi Li
Redfin Premier agent
124 deals
Was this helpful?

Climate risks

8/10 Flood Factor

Estimated 80%+ chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

5/10 Heat Factor

7 days above 93° expected this year, 14 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

9/10 Air Factor

17 unhealthy days expected this year, 17 days in 30 years

Provided by First Street

Historical weather

San Jose, CA • 95112

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 11.2 hours in June and 4.9 hours in December, placing it above the U.S. average for solar exposure.

11.2 hrs

4.9 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

Track this home’s value and nearby sales activity

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Home values near 283 E Reed St

Data from public records.

Address	Redfin Estimate
297 East Reed St, San Jose, CA 4 Beds \| 4 Baths \| 3642 Sq. Ft.	$1,768,322
583 South 6th St, San Jose, CA - Beds \| - Baths \| 1764 Sq. Ft.	$827,149

Address	Redfin Estimate
311 East Reed St, San Jose, CA - Beds \| - Baths \| 3288 Sq. Ft.	—
550 South 6th St Apt 9, San Jose, CA 20 Beds \| 10 Baths \| 7970 Sq. Ft.	—

Address	Redfin Estimate
593 South 6th St Apt 6, San Jose, CA - Beds \| - Baths \| 2908 Sq. Ft.	—
561 South 7th St, San Jose, CA - Beds \| - Baths \| 4480 Sq. Ft.	—

Property information provided by MLSListings when last listed in 2021. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in 95112, CA

Sale history for 283 E Reed St

Tax history for 283 E Reed St

Public record

Property details

Around this home

Schools

Lifestyle

Local insights from Redfin agents

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 95112

Home values near 283 E Reed St

More real estate resources