Property Details
About this Property
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.
MLS Listing Information
MLS #
ML82038375
MLS Source
MLSListings, Inc.
Days on Site
0
Interior Features
Cooling
None
Heating
Wall Furnace
Exterior Features
Roof
Flat
Foundation
Concrete Perimeter and Slab
Parking, School, and Other Information
Garage/Parking
Covered Parking, Garage: 0 Car(s)
Elementary District
Alum Rock Union Elementary
High School District
East Side Union High
Zoning
R-M
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 16 | 16 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | – | 2 | 1/0 | – | – | 9 |
| 2 | – | 1 | 1/0 | – | – | 7 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
2748 Kollmar Dr is a Residential Income in San Jose, CA 95127. This 10,416 square foot property sits on a 15,000 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $4,600,000 and was built in 1959. This address can also be written as 2748 Kollmar Dr, San Jose, CA 95127.
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This listing information is up-to-date as of March 12, 2026. For the most current information, please contact Mitchell Zurich, (408) 888-9594
