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2748 Kollmar Dr , San Jose, CA 95127
$4,475,000
Est. Payment: $23,702.53/mo
0 Bed
0 Bath
10416 Sqft
Status: Active | Days on site: 166
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ML88226 - ML478729
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Chris Heller
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House Description

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.
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Highlights

Listed by Mitchell Zurich , 408-888-9594 Marcus & Millichap , (650) 391-1700. CRMLS/Multi-Regional MLS mls logo

Property Type

Commercial Sale
Lot/Acreage
0.34

Year Built

1959

County

Santa Clara

Area

699 - Not Defined

 School District

Other

Listing ID

ML82038375

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:

Exterior Features

Lot:No Land Lease
Garage Capacity:5
Zoning:R-M
Roof:Flat
Others:
  • ▪ Additional:2+ Total Units
Principal Interest
$23,703
Taxes
$5,445

Home Price

$4,475,000

Loan Details

30 yrs
6.952%

Down Payment

20%
$895,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$23,702.53

Principal

Taxes

Principal Taxes HOA Total
Monthly $23,702.53 $5,445.42 $0.00 $29,147.95
Yearly $284,430.41 $65,345.00 $0.00 $349,775.41
Total $8,532,912.29 $1,960,350.00 $0.00 $10,493,262.29

Today's Rates

30 Year

6.95%

20 Year

6.73%

15 Year

6.35%

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Market insight data is pulled from the same city as the listing being viewed (San Jose, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. 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. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-09-23T13:02:28.000Z

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