2748 Kollmar DR, San Jose, CA 95127
2748 Kollmar DR, San Jose, CA 95127
2748 Kollmar DR, San Jose, CA 95127
2748 Kollmar DR, San Jose, CA 95127
2748 Kollmar DR, San Jose, CA 95127
2748 Kollmar DR, San Jose, CA 95127
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Jim Black

Jim Black

+1(925) 285-4898
Listed by Mitchell Zurich, DRE #01870648 • Marcus & Millichap
$ 4,475,000
Est. payment | /mo

3 Beds

2 Baths

10,416 SqFt

Save
$ 4,475,000
Est. payment | /mo
Save

3 Beds

2 Baths

10,416 SqFt

Key Details

Property Type Multi-Family, 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

Source MLSListings, Inc.

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

Garage Spaces 5.0

Utilities Available Other

Roof Type Flat / Low Pitch

Building

Foundation Concrete Perimeter and Slab

Sewer Sewer Connected

Water Water On Site

Others

Tax ID 488-01-011

Special Listing Condition Not Applicable

MLS Listing IDX PLUS
Copyright 2026 MLSListings Inc All rights reserved.

Nearby Locations

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Jim Black
Jim Black

Chief Lending Officer : Founder License ID: NMLS633511/1065732 DRE02089890

+1(925) 285-4898

www.meetjimblack.com

2571 S Main St., Ste D, Soquel, CA 95073, USA

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2748 Kollmar DR