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For sale
  • $4,600,000

    Kollmar Sanjose, San Jose, CA 95127

    3beds
    2baths
    10,416sqft
    : 
    $31,421/mo
    Get pre-qualified
    Five Or More Units, Residential Income
    Built in 1959
    -- sqft lot
    $4,251,700 Zestimate®
    $442/sqft
    $-- HOA

    What's special

    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.
    149 days
    |
    60
    |
    1
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Mitchell Zurich 01870648 408-888-9594,

    Marcus & Millichap 650-391-1700

    Source: MLSListings Inc,MLS#: ML82038375MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      Heating
      • Wall Furnace
      Cooling
      • None
      Features
      • Doors: None
      Interior area
      • Total structure area: 10,416
      • Total interior livable area: 10,416 sqft

      Property

      Parking
      • Total spaces: 5
      • Parking features: Covered
      • Has carport: Yes
      Accessibility
      • Accessibility features: None
      Lot
      • Size: 0.34 Acres
      Details
      • Parcel number: 48801011
      • Zoning: R-M
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Five Or More Units, Residential Income
      Materials
      • Foundation: Concrete Perimeter and Slab
      • Roof: Flat
      Condition
      • Year built: 1959

      Utilities & green energy

      • Gas: Other
      • Utilities for property: Other

      Community & HOA

      Location
      • Region: San Jose

      Financial & listing details

      • Price per square foot: $442/sqft
      • Date on market: 3/12/2026
      • Listing agreement: ExclusiveRightToSell
      • Lease term: Month To Month

        Estimated market value

        $4,251,700

        $4.04M - $4.46M

        $2,563/mo

        Price history

        DateEventPrice
        3/12/2026Listed for sale$4,600,000$442/sqft
        Source: MLSListings Inc #ML82038375 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 95127

        Getting around

        1 / 100
        Car-Dependent
        0 / 100
        No Nearby Transit

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: AlumRockUnionElementary

        Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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