Yvette Watson - Coldwell Banker Commercial Real Estate Solutions Logo
$4,475,000
( $429.63Per Sq Foot )
 $24,023 est/mo Sourced by Back At You

2748 Kollmar Drive,San Jose, CA 95127

San Jose, CA 95127

Share:

PreviousNext

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.

Details

MLS #ML82038375
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1959
Days On Site192
Listing Provided ByMarcus & Millichap | Mitchell Zurich

Features

SQ Feet10,416
Car PortYes
Units16
Building(s)1
ZoningR-M
Acreage0.34

Interior

CoolingNone
HeatingWall Furnace
Heating Yes / NoYes
Cooling Yes / NoYes

Exterior

RoofFlat

Utilities

UtilitiesOther

Taxes

Property65345

Area Information

StateCA
CountySanta Clara
CitySan Jose
Zip Code95127
Area699 Not Defined
Listing VS Median (in 95127)
Price:
$4,475,000
low | high
Med:
$4,475,000
50% of Average
sqft:
10,416
low | high
Med:
10,416
50% of Average
$ / sqft:
$430
low | high
Med:
$430
50% of Average
On site:
192
low | high
Med:
192
100% of Average
Sourced by Back At You

Market Activity 95127

Request a showing

Request a showing

Contact

Additional Information

Showing Information

Submit Form

Required Field
By submitting, you agree to receive promotional texts and/or calls from Coldwell Banker Home Source at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

Contact

Learn More About This Property

Yvette Watson

Yvette Watson

Coldwell Banker Home Source

02046244 (909) 489-6340yvette.watson@cbhomesource.com
StateCA
CountySanta Clara
CitySan Jose
Zip Code95127
Area699 Not Defined
Listing VS Median (in 95127)
Price:
$4,475,000
low | high
Med:
$4,475,000
50% of Average
sqft:
10,416
low | high
Med:
10,416
50% of Average
$ / sqft:
$430
low | high
Med:
$430
50% of Average
On site:
192
low | high
Med:
192
100% of Average
Sourced by Back At You
Listing Updated: September 13, 2026 at 3:22:54 PM PDT

Yvette Watson - Coldwell Banker Commercial Real Estate Solutions