263 La Pala Dr, San Jose, CA 95127 - Photo 1

1/1

$1,530,000

Sold
Closed
Commercial Residential Facility
3,520 Sq. Ft.
0.1529 Acres

1/1

Property Description

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.

Full Property Details

Full Property Details for 263 La Pala Dr

General

Sold For: $1,530,000
Status: Closed
Type: Commercial Residential Facility
Source: RE_Infolink
MLS ID: ML82023120
Added to Site: 111 day(s) ago

Interior

Flooring: Carpet, Hardwood, Laminate

Rooms

Other Rooms

Kitchen: Gas Oven/Range, Refrigerator
Laundry: Coin-Operated

Additional Information

Security/Safety: None

Parking

Garage Spaces: 6
Parking Features: Parking Area, Uncovered Parking

Location

Area: Alum Rock
County: Santa Clara
Cross Streets: McKee Road

Heating & Cooling

Cooling Type: None

Utilities

Sewer: Public Sewer
Water: Public
Utility Description: Individual Electric Meters, Individual Gas Meters, Natural Gas, Public Utilities
Metering: Master Water, Separate Electric, Separate Gas

Structural Information

Foundation: Crawlspace
Roof: Composition
Disability Access: None
Square Feet: 3,520
Year Built: 1958

Unit Information

Unit 1

Square Feet: 587
Bedrooms: 1

Lot Features

Lot Size (Acres): 0.1529
Minimum Lot Size: 6660
Building Sites: 1
Zoning: R3

Disclosures and Reports

Restrictions: None

Listed by Colliers Parrish International, Inc., Don Sung
Sold by Advsr, Ken Lam

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Listing agent

— 263 La Pala Dr —

Don Sung

Colliers Parrish International, Inc.

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Schools

Schools serving 263 La Pala Dr

School Districts:East Side Union High School District, Alum Rock Union Elementary School District

Name	Grades	Distance
Linda Vista Elementary School 100 Kirk Avenue, San Jose, CA 95127	K-5	0.3 mi
Joseph George Middle School 277 Mahoney Drive, San Jose, CA 95127	6-8	0.9 mi
James Lick High School 57 North White Road, San Jose, CA 95127	9-12	2.5 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 263 La Pala Dr

Date

Details

Price

Change

Source

12/30/2025

Sold

$1,530,000

-2.55%

MLS

11/14/2025

Price Reduced

$1,570,000

-3.09%

MLS

9/27/2025

Listed

$1,620,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Beds
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Beds
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Total Baths

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263 La Pala Dr, San Jose, CA 95127 (MLS# ML82023120) is a Commercial Residential Facility property that was sold at $1,530,000 on December 30, 2025. Want to learn more about 263 La Pala Dr? Do you have questions about finding other Commercial Residential Facility real estate for sale in San Jose? You can browse all San Jose real estate or contact a Coldwell Banker agent to request more information.

263 La Pala Dr San Jose, CA 95127