- $4.6M Price
- .34 Acres
- 9 DOM
2748 Kollmar Drive
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.
Essential Information
- MLS® #ML82038375
- Price$4,600,000
- Bathrooms0.00
- Acres0.34
- Year Built1959
- TypeCommercial Sale
- StatusActive
Community Information
- Address2748 Kollmar Drive
- Area699 - Not Defined
- CitySan Jose
- CountySanta Clara
- Zip Code95127
Amenities
- UtilitiesOther
- Parking Spaces5
Interior
- HeatingWall Furnace
- CoolingNone
Exterior
- RoofFlat
School Information
- DistrictOther
Additional Information
- Date ListedMarch 12th, 2026
- Days on Market9
- ZoningR-M
Listing Details
- AgentMitchell Zurich
- OfficeMarcus & Millichap
Mitchell Zurich, Marcus & Millichap.
Based on information from California Regional Multiple Listing Service, Inc. as of March 21st, 2026 at 1:15pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.