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263 La Pala Drive San Jose, CA $ 1,570,000
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$ 1,570,000 Get more info
263 La Pala Drive
$ 1,570,000
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263 La Pala Drive

San Jose, CA, 95127
$ 1,570,000
Bedrooms1 Baths-- Sq 3,520

Monthly Estimate*

$ 9,795

263 La Pala Drive, San Jose, CA 95127 - Image 1

Commercial Property for sale in San Jose, CA

for $1,570,000 with 1 bedroom. This 3,520 square foot building was built in 1958 on a lot size of 0.152893.

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.

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Commercial Pending

Price

$ 1,570,000

Bedrooms

1

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.152893

Year Built

1958

Town/City

San Jose

County/Region

Santa Clara

MLS | Web ID

ML82023120
Features
General
Living Area 3520
Sewer Public Sewer
Heating Wall Furnace
Cooling None
Roof Composition Shingles
Appliances Refrigerator
Zoning R3
Year Built 1958
Property Subtype Other
County Santa Clara
Property Type Commercial Sale
HOA N
Garage Y/N No
Status Pending
City San Jose
MLS Area Listing
Lot Size Square Feet 6660
Standard Status Pending
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Interior
Flooring Hardwood Laminate
Air Conditioning Y/N No
Heating Y/N Yes
Laundry Features Coin Operated
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Exterior
Parking Features Parking Lot
Lot Size Area 6660
Building Area Total 3520
Lot Size Acres 0.15
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Internal Only
Street Number 1 263
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* Excluded Features
List By
Don Sung

Listing Agent

Colliers Parrish International, Inc.

Broker

don.sung@colliers.com

Email

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$9,795
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Monthly Principal & Interest
$9,795
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
806588 Elementary School
806593 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/14/2025$1,570,000 -3.09% Price Down
9/27/2025$1,620,000 Listed Price

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263 La Pala Drive, San Jose, CA, 95127 is a Commercial Property for sale at $1,570,000 with 3,520 sqft and a lot size of 0.152893. 263 La Pala Drive has 1 bedroomsThe property's zip code is 95127 which is in San Jose, CA

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