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Listed by Marcus & Millichap, Mitchell Zurich, Listing Contact: 408-888-9594
10,416 sqft

$4,475,000

2748 Kollmar DR, San Jose CA, 95127

Price per sqft$429.63
Built in1959
Property size10,416 sqft
Property typeResidential

Overview

Active

Listed Mar 12, 2026

Updated 4 days ago

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.

$29,772/mo

Est. mortgage payment based on a $4,475,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
ML82038375

Interior Features

Heating
Yes
Basement
No

Exterior Features

Lot Size
0.34 Acres
MLS provider logo

Listed by Marcus & Millichap, Mitchell Zurich DRE:01870648,
Listing Contact: 408-888-9594 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Kelly Dippel | CA DRE# 01800972 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLS Listings, Inc. MLS system. Real estate listings held by brokerage firms other than Kelly Dippel | CA DRE# 01800972 are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents.

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Data last updated 8:21 PM UTC, 9/18/2026

 

 

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