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Property Description

The Zurich Group of Marcus & Millichap is please to present 2748 Kollmar Drive, a 16-unit apartment complex located in San Jose offering a rare high in-place yield opportunity in Silicon Valley. The property features a strong unit mix of one bedroom and two bedroom units, a layout that supports consistent tenant demand. The asset offers an attractive ~6.73% current cap rate with additional upside potential, allowing investors to benefit from strong in-place income with the opportunity to further increase cash flow through continued rental growth and operational improvements. The property also benefits from recent electrical upgrades including a new main panel and new subpanels installed in 2025. Ideally located one block from a new VTA Light Rail station currently under construction, the property benefits from excellent commuter access and close proximity to major Silicon Valley employment centers, supporting long-term rental demand.

Features
: Wall Furnace
: None
16.0
: Other
Address Map
2748 Kollmar Drive, San Jose, California 95127
US
CA
Santa Clara
San Jose
95127
Yes
Kollmar
2748
Drive
W122° 10' 33''
N37° 21' 4.1''
699 - Not Defined
R-M
Neighborhood
Other
Additional Information
2026-03-12
16
10416
Financial
66939.0
Listing Information
ML478729
ML88226
Active
2026-07-23T23:20:08Z
CRMLS
: Standard
2026-03-12T07:06:07Z

Commercial Sale For Sale

2748 Kollmar Drive, San Jose, California 95127

0.34 Acre
$4,600,000
Listing ID #ML82038375
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : ML82038375
Price : $4,600,000
Year Built : 1959
Lot Area : 0.34 Acre
Office Name : Marcus & Millichap
Agent Name : Mitchell Zurich
Roof : Flat
Listing Status : Active
Agent info
All View Realty
Contact Agent
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