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2748 Kollmar Drive, San Jose, CA 95127
Priced at Only: $4,600,000
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Address: 2748 Kollmar Drive, San Jose, CA 95127
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  • MLS#: ML82038375 ( )
  • Street Address: 2748 Kollmar Drive
  • Viewed: 10
  • Price: $4,600,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1959
  • Bldg sqft: 0
  • Days On Market: 36
  • Additional Information
  • County: SANTA CLARA
  • City: San Jose
  • Zipcode: 95127
  • Provided by: Marcus & Millichap
  • Contact: Mitchell Mitchell
  • California Regional MLS IDX
  • DMCA Notice
  • 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
Building Area Total
  1. 10416.00
Carport Spaces
  1. 16.00
Cooling
  1. None
Heating
  1. Wall Furnace
Insurance Expense
  1. 10892.00
Otherexpense
  1. 4157.00
Parcel Number
  1. 48801011
Roof
  1. Flat
Totalexpenses
  1. 165970.00
Trash Expense
  1. 6361.00
Utilities
  1. Other
Views
  1. 10
Year Built
  1. 1959
Year Built Source
  1. Assessor
Zoning
  1. R-M
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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