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.
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Listing Snapshot
Price
$11,800,000
Days On Site
132 Days
Bedrooms
N/A
Inside Area (SqFt)
28,256 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
1.69 Acres
Year Built
1960
MLS® Number
ML82026378
Status
Active
Property Tax
$163,365
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
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Recent Activity
a month ago
Listing updated with changes from the MLS®
4 months ago
Listing first seen on site
General Features
Acres
1.69
Disclosures
None
Energy Features
Solar
Foundation
Other
Parking
OtherAssignedCommonCovered
Property Sub Type
Multi Family
Security
Other
Sewer
Public Sewer
SqFt Total
28256
Water Source
Public
Zoning
R3
Interior Features
Heating
Wall Furnace
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Exterior Features
Pool Features
In Ground
Roof
Flat
Community Features
School District
East Side Union High
Schools
School District
East Side Union High
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listed by of Jefrey Henderson of Jefrey Henderson, Broker (415) 535-7414
The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. Real estate listings held by brokerage firms other than eXp Realty are marked with the Internet Data Exchange icon and detailed information about them includes the names of the listing brokers and listing agents. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, MLS Listings, Inc..
Last checked: 2026-03-13 05:22 AM UTC
Neighborhood & Commute
Source: Walkscore
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