$11,800,000

256 La Pala Drive, San Jose, CA 95127

  • 28,256 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1960
  • Property Lot Size Icon1.69acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $418/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

256 La Pala, or Country Club Gardens Apartments, (the Property) is a two story multifamily asset built in 1960, situated on a 1.69-acre lot and compromised of thirty-eight (38) well maintained units, broken down to twenty-four (24) one bedroom one-bathroom units and fourteen (14) two-bedroom one-bathroom units. Current ownership has made significant capital improvements to the property. They include but are not limited to, upgraded solar system, new white membrane roof, upgraded courtyard stairs, and remodeled front entrance and façade. The Property has 28,256 square feet of rentable space, with desirable amenities including an on-site pool, on-site laundry, and private covered parking. Along with modern floor plans, the Property stands out as an amazing place for renters to call home. The Property's potential offers an investor the rare opportunity to purchase turnkey investment real estate in one of the highest barriers-to-entry residential markets in the U.S. The investment appeal of the Property is driven by the Property's ground zero Silicon Valley location, strong employment fundamentals, and the significant affordability gap between renting and owning.

Listing Status:
Active
Date Added:
October 31, 2025 at 05:00AM
Listing Office:
Jefrey Henderson, Broker : (408) 453-7461
Listing Agent:
Jefrey Henderson : 415-535-7414
MLS ID:
ML82026378
  • A/C: None
  • Heating: Wall Furnace
  • Parking: Parking spaces: 0
  • Roofing: Flat
  • HOA Amenities: 0.0
  • Originating MLS: CRMLS_MLSL
  • School District: Other
  • County: Santa Clara
  • Zoning: R360106042
  • Water: Public
  • Source: CRMLS_MLSL

This listing courtesy of Jefrey Henderson, Jefrey Henderson, Broker

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

J

James Lick High School

57 N White Rd, San Jose, CA, 95127

Grades 9-12

0.73 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.