2748 Kollmar Dr, San Jose, CA 95127
- Sqft
- 10,416
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Overview
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.
Location
Full feature list
Basic info
- Property type
- Multi-family
- Square feet
- 10,416
- Lot size (acres)
- 0.34
- Year built
- 1959
Utilities
- Heating
- Wall Furnace
- Cooling
- None
Public schools
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Sourced from: Bay East Association of REALTORS MLS®#: ML82038375 Last checked: …
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