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    256 La Pala Dr San Jose, CA 95127

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    For Sale
    $11,698,000

    38-unit apartment community with recent capital improvements and community amenities.

    Property size:
    32,000 SF

    Property Features for 256 La Pala Dr

    General Information

    Standard status
    Active
    Size
    32,000 SF

    Building Details

    Year built
    1960

    Source: MARCUS & MILLICHAP Agent ROBERT JOHNSTON

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    San Jose Multifamily Investment Opportunity

    Country Club Garden Apartments is a 38-unit apartment community situated on 1.69 acres in a quiet cul-de-sac in San Jose's East Foothills. The property features a gross building area of approximately 32,000 square feet, offering tenants two-bedroom and one-bedroom floor plans. Community amenities include private covered parking, a community pool, and an on-site laundry facility. The property has undergone extensive capital improvements, including repiping with copper water pipes, new dual-pane windows, a new roof membrane, and a remodeled laundry room. A new solar energy system has been installed, featuring Siemens main electrical panels, a new 32.16kW LG solar system, and new carport roofs, with total capital expenditures exceeding $300k. Country Club Garden Apartments is within walking distance of the Target-anchored Capitol Square Mall, which offers dining, shopping, and entertainment options.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Country Club Garden ... Apartment Complex T&S Janitorial and Maintence ... Janitorial Service Avila plastestering Construction Company

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    San Jose
    County
    Santa Clara
    State
    California
    Longitude
    -121.8283396
    Latitude
    37.3779508

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    FAQs

    What type of property is this?
    Apartment building - 38-unit apartment community with recent capital improvements and community amenities.
    Where is this apartment building located?
    The property is located at 256 La Pala Dr San Jose, CA.
    What is the asking price?
    The asking price for this property is $11,698,000.
    What are key features of this property?
    This property features: - Extensive recent capital improvements EXCEEDING $300k, including new copper piping, dual-pane windows, roof membrane, and remodeled laundry room.; - New solar energy system installed, featuring Siemens electrical panels and a 32.16kW LG system.; - Community amenities include a pool, private covered parking, and on-site laundry facility.
    Request Owner's contact information
    256 La Pala Dr San Jose, CA 95127
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    San Jose, CA 95127
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    256 La Pala Dr San Jose, CA 95127
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