Home | Santa Clara County | San Jose | 95127 | 263 La Pala Dr
MLS: ML82023120 | Status: | Price: $1,530,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | 3,520 | 6,660 | 1958 |
PRICE REDUCTION: $1,570,000. 6 High-Quality, Pride-Of-Ownership Units in Alum Rock /San Jose Area. First Time on Market in 30+ Years/Generational Asset. Strong Historical Tenancy: Easy to Lease & Easy to Manage w/ Reliable Cashflow and Rental Upside. 6-Units Attractively Priced at $1,570,000. $2761,667/Unit. $446/SF. CAP Rate: Current: 4.83%. Market: 6.73%. GRM: Current: 12; Market: 10. Excellent Unit Mix: Six (6) Spacious 1 Bedroom/1 Bath Units (565 SF+90 SF Balcony/Patio). 10 Uncovered Parking Spaces in Rear of Property: 10 Parking Spaces for Each Parcel. Shared Courtyard Between 2 Parcels w/ 2 Driveways to Access Parking Spaces. 4 of 6 Units Have Been Renovated w/ Updated Kitchen & Bathrooms. Easy to Manage Units with Low Tenant Turnover. Consistently Strong Rents. Steady Cashflow. Capital Improvements: Dual-Pane Windows, Sliding Doors, New Water Heaters, and More. Proven, Consistent Income-Generator, Providing Strong Cashflow with Low Vacancies and Turnovers. Excellent, Convenient, Cul-de-Sac Location Near HWY 680 & 101, Convenient Access to SJC Airport & Major Silicon Valley Employers. Major Technology Employers: NVIDIA, Adobe, Apple, Cisco, PayPal. PLEASE DO NOT DISTURB TENANTS.
| Field | Value |
|---|---|
| MLS # | ML82023120 |
| MLS Source | MLSListings, Inc. |
| Feature | Details |
|---|---|
| Appliances | Oven Range - Gas |
| Flooring | Carpet, Hardwood, Laminate |
| Laundry | Coin Operated |
| Cooling | None |
| Heating | Wall Furnace |
| Feature | Details |
|---|---|
| Roof | Composition |
| Foundation | Crawl Space |
| Feature | Details |
|---|---|
| Garage/Parking | Parking Area, Garage: 6 Car(s) |
| Elementary District | Alum Rock Union Elementary |
| High School District | East Side Union High |
| Sewer | Public Sewer |
| Water | Public |
| Zoning | R3 |
Don Sung
Colliers Parrish International, Inc.
License #: 01935797
Phone: (650) 380-5188
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 4 | 6 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 587 | 1 | 1/0 | $1,478 | $2,100 | 6 |
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This listing information is up-to-date as of January 30, 2026. For the most current information, please contact Don Sung, (650) 380-5188.