Full Address is 1358 & 1368 Reeve St. , Santa Clara. Attractive 16 unit apartment complex located in a desirable location near City Hall. Unit mix consists of (12) 1 bedroom 1 bath units and (4) 2 bedroom 1 bath units. Property consists of 2 adjacent parcels each containing an 8 unit bldg(APN 224-25-021 & 224-25-022). Above Sq. Ft. & Lot Size are what County records shows for each of the 2 parcels.
Multi-familyProperty Type
1958Year Built
8,700 sq ftLot Size
$599Price/Sq.Ft.
Listed by Keith Suddjian•DRE #00673961• Cornish & Carey Commercial
Contact: (650) 688-8514
Bought with Mary Driedger•DRE #00527876• Assoc Capital Consultants, Inc.
Two identical 8 unit bldgs. on sep. parcels. 1358 & 1368 Reeve. 100% occupied Well maintained & operated. New landscaping, concrete stairs. Sold AS-IS Excellent rental neighborhood on quiet deadend st. Civic center location.
MLSListings #ML89807200
Jun 15, 1998
Sold
$1,310,000
$275/sq ft
Mar 7, 1998
Listing Removed
—
Mar 2, 1998
Listed
$1,295,000
$272/sq ft
1358 & 1368 REEVE ARE TO BE SOLD TOGETHER - 16 UNITS-TWO SEPARATE PARCELS WELL MAINTAINED ON A QUIET STREET. MANY UNITS BELOW MARKET RENTS PRESENT SCHEDULED RENTS ARE $127,440. MARKET RENTS ARE $135,900.
Public Records
May 18, 1990
Sold
$205,000
$43/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$36,255 (+3.9%)
$2,070,151 + $1,035,074
$3,105,225
2024
$34,909 (+1.0%)
$2,029,560 + $1,014,779
$3,044,339
2023
$34,560 (+53.5%)
$1,989,765 + $994,882
$2,984,647
2022
$22,519 (+14.7%)
$1,950,750 + $975,375
$2,926,125
2021
$19,625 (+1.9%)
$1,024,947 + $868,428
$1,893,375
2020
$19,268 (+0.1%)
$682,587 + $938,557
$1,621,144
2019
$19,245 (+6.9%)
$675,588 + $928,934
$1,604,522
2018
$18,009 (+0.5%)
$662,342 + $910,720
$1,573,062
2017
$17,921 (+2.5%)
$636,623 + $875,356
$1,511,979
2016
$17,476 (+0.4%)
$636,623 + $875,356
$1,511,979
2015
$17,410 (+5.1%)
$624,141 + $858,193
$1,482,334
2014
$16,568 (+22.1%)
$602,724 + $828,745
$1,431,469
2012
$13,568 (+3.9%)
$582,620 + $582,620
$1,165,240
2011
$13,060 (+3.0%)
$571,197 + $571,197
$1,142,394
2010
$12,674 (−2.0%)
$559,998 + $559,998
$1,119,996
2009
$12,938 (+3.8%)
$555,813 + $555,813
$1,111,626
2008
$12,467
$546,210 + $546,210
$1,092,420
Tax history for 1358 REEVE St
Year
Property tax
Land + Additions
Assessment*
2025
$36,255 (+3.9%)
$2,070,151 + $1,035,074
$3,105,225
2024
$34,909 (+1.0%)
$2,029,560 + $1,014,779
$3,044,339
2023
$34,560 (+53.5%)
$1,989,765 + $994,882
$2,984,647
2022
$22,519 (+14.7%)
$1,950,750 + $975,375
$2,926,125
2021
$19,625 (+1.9%)
$1,024,947 + $868,428
$1,893,375
2020
$19,268 (+0.1%)
$682,587 + $938,557
$1,621,144
2019
$19,245 (+6.9%)
$675,588 + $928,934
$1,604,522
2018
$18,009 (+0.5%)
$662,342 + $910,720
$1,573,062
2017
$17,921 (+2.5%)
$636,623 + $875,356
$1,511,979
2016
$17,476 (+0.4%)
$636,623 + $875,356
$1,511,979
2015
$17,410 (+5.1%)
$624,141 + $858,193
$1,482,334
2014
$16,568 (+22.1%)
$602,724 + $828,745
$1,431,469
2012
$13,568 (+3.9%)
$582,620 + $582,620
$1,165,240
2011
$13,060 (+3.0%)
$571,197 + $571,197
$1,142,394
2010
$12,674 (−2.0%)
$559,998 + $559,998
$1,119,996
2009
$12,938 (+3.8%)
$555,813 + $555,813
$1,111,626
2008
$12,467
$546,210 + $546,210
$1,092,420
*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
2
Lot width
—
Lot depth
—
Lot size
8,700 Sq. Ft.
Year renovated
1958
Sq. Ft.
4,756
Year built
1958
Style
Multi-Family (5+ Unit)
County
Santa Clara County
APN
22425022
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 21, 2026.
R3
Medium-Density Residential Zone
The purpose of the R3 Medium-Low Residential Density Zone is to provide land areas for the construction, use, and occupancy of two-family dwellings, and multi-family dwellings (i.e., rowhouses, townhouses). It is the intent of this zone to ensure compatibility of duplex-type development with surrounding multi- and single-family dwellings and the local neighborhoods. The residential density range for this zone is 20-36 dwelling units per acre. This zone implements the Medium-Density land use designation in the General Plan.
Permitted uses
Include but are not limited to:
Housing-Multiple units
Housing-Senior
Housing-Other
Educational/school
Fire house
Police station
Communications tower
Park & open space
Aug 21, 2021 • Final
Regular building
Replace the main circuit breakers for multiple units.
Electrical
Aug 21, 2021 • Final
Regular building
Replace the water heater in the same location and repair the fascia on a residential building.
Plumbing
Roofing
Water heater
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Parking Description: Carport
Interior
Room Information
Kitchen Description: Oven Range, Refrigerator(s)
Interior Features
Laundry: Washer/Dryer (Leased & Coin-Operated), Community Facility
Flooring: Tile, Laminate, Carpet (Wall-to-Wall), Vinyl/Linoleum, Carpet, Varies by Unit
Heating & Cooling Information
Heating: Wall Furnace
Multi-Unit Information
# of Stories: 2
# of Units in Complex (Minimum): 13
# of Units in Complex (Maximum): 26
# of 1 Bed 1 Bath Units: 12
Minimum Rent (1 Bed 1 Bath): $1,050
Maximum Rent (1 Bed 1 Bath): $1,399
# of 2 Bed 1 Bath Units: 4
Minimum Rent (2 Bed 1 Bath): $1,295
Maximum Rent (2 Bed 1 Bath): $1,650
Annual Rental Income: $254,700
Annual Gross Income: $245,980
Gross Rent Multiplier: 11.01
Gross Scheduled Income: $258,926
Other Income: $1,158
Other Expenses: $3,258
Total Expenses: $87,746
Vacancy Amount: 12,946
Vacancy Factor: 5
Exterior
Exterior Features
Roof: Shingle, Composition, Other (See Remarks)
Yard/Grounds: Sprinkler(s) (Lawn)
Building Information
Unit Types in Building: 1 Bedroom Unit(s), 2 Bedroom Unit(s)
Meters: Separate Electric, Separate Gas, Primary Water
Sewer Septic: Sewer in Street, Sewer Connected
Utility Expenses: $2,564
Water Sewer Expense: $8,813
Water Information
Water: Public
Location
HOA Information
HOA Amenities: Patio (Common)
School Information
Elementary School District: Santa Clara Unified
High School District: Santa Clara Unified
Public facts
Beds: —
Baths: —
Sq. Ft.: 4,756
Stories: 2.0
Lot Size: 8,700 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1958
Year Renovated: 1958
County: Santa Clara County
APN: 22425022
Home facts updated by county records on Aug 21, 2026
Other
Miscellaneous Information
Incorporated: Yes
Around this home
Schools
Scott Lane Elementary School
Public K-5 • Assigned • 0.4mi
3/10
Buchser Middle School
Public 6-8 • Assigned • 0.8mi
8/10
Santa Clara High School
Public 9-12 • Assigned • 1.7mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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