Listing provided courtesy of Mitchell Zurich of Marcus & Millichap. Last updated 2026-09-24 08:19:51.000000. Listing information © 2026 Sandicor.
Asking Price: $4,475,000 |
2748 Kollmar, San Jose CA 95127
Community: 699 - Not Defined
This property was built in 1959 and is priced at $4,475,000. Please see the additional details below.
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.
