CA
Santa Clara
SAN JOSE
95127
2748 Kollmar Drive
2748 Kollmar Drive, SAN JOSE, CA 95127
Share Listing
Listing Type
Multi Family
Listing Status
Active
14
$4,600,000

Home Details for 2748 Kollmar Drive

Price
$4,600,000
Type
Residential Income
Square feet
10416
Year built
1959
County
Santa Clara
Days on site
1
MLS Listing#
ML82038375
Listed By: Marcus & Millichap - 650-391-1700
Listed By: Mitchell Zurich
Property 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.

Property Features
  • Cooling Information
    • None
  • Heating Information
    • Wall Furnace
  • Utilities
    • Other
  • Parking
    • Covered
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Based on information from the MLSListings MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Copyright 2026 MLSListings Inc. All rights reserved.

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Last Updated: 2026-06-18 19:05:54
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EXIT REALTY CONSULTANTS
16175 Monterey #A, Morgan Hill, CA 95037
CA DRE# 01424183. Kris Klair Broker.
Margaret Vierra
Associate Broker
Office
408 778 9990
Agent
408 202 3243
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