2748 Kollmar DR, San Jose, CA 95127
2748 Kollmar DR, San Jose, CA 95127
2748 Kollmar DR, San Jose, CA 95127
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Josh Yoo

Josh Yoo

+1(510) 418-9180
Listed by Mitchell Zurich • Marcus & Millichap, DRE#01870648
$4,475,000
Est. payment /mo
3 Beds
2 Baths
10,416 SqFt
Save

UPDATED:

Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 10,416 sqft

Price per Sqft $429

MLS Listing ID ML82038375

Bedrooms 3

Full Baths 2

Year Built 1959

Lot Size 0.344 Acres

Property Sub-Type Five or More Units

Property Description

16-UNIT APARTMENT with 7.15% IN-PLACE CAP RATE! The Zurich Group of Marcus & Millichap is pleased to present 2748 Kollmar Drive, a 16-unit apartment community in San Jose with meaningful additional upside. The property features a strong unit mix of (7) 1-bedroom and (9) 2-bedroom units, 20 parking spaces, and on-site laundry. Ownership has invested over $350,000 in renovations, including interior upgrades, new electrical panels in every unit, new building electrical disconnects and panels, exterior and common-area improvements, and a roof installed in late 2020. Located approximately 500 feet from a future VTA station currently under construction, the property offers strong in-place cash flow with additional upside through rent growth, select unit reconfigurations, and an attractive 8.09% pro forma cap rate.

Location

State CA

County Santa Clara

Area Alum Rock

Zoning R-M

Interior

Heating Wall Furnace

Cooling None

Exterior

Parking Features Covered Parking

Utilities Available Other

Roof Type Flat / Low Pitch

Building

Foundation Concrete Perimeter and Slab

Sewer Sewer Connected

Water Water On Site

Others

Restrictions None

Tax ID 488-01-011

Security Features None

Special Listing Condition Not Applicable

Read Less Info
MLSListings Inc. (MLSListings)
Copyright 2026 MLSListings Inc All rights reserved.
NEARBY SCHOOLS & PROPERTIES

GET MORE INFORMATION

Josh Yoo

Josh Yoo

+1(510) 418-9180

Broker Associate License ID: 02024903

Broker Associate License ID: 02024903

Name

Name

Phone*

Phone

Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from KW Peninsula Estates, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

2748 Kollmar DR

Find your next Bay Area home with

Josh Yoo.

As a Bay Area native and Top 1% real estate advisor, Josh brings local expertise, strategic guidance, and personal support to help you buy with confidence in a competitive market.