2748 Kollmar Drive San Jose, CA $ 4,600,000
2748 Kollmar Drive
$ 4,600,000
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2748 Kollmar Drive

San Jose, CA, 95127
$ 4,600,000
Bedrooms-- Baths-- Sq 10,416

Monthly Estimate*

$ 28,323

Listed by Marcus & Millichap
2748 Kollmar Drive, San Jose, CA 95127 - Image 1
2748 Kollmar Drive, San Jose, CA 95127 - Image 2
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2748 Kollmar Drive, San Jose, CA 95127 - Image 8
2748 Kollmar Drive, San Jose, CA 95127 - Image 9
2748 Kollmar Drive, San Jose, CA 95127 - Image 10
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2748 Kollmar Drive, San Jose, CA 95127 - Image 13
2748 Kollmar Drive, San Jose, CA 95127 - Image 14

Commercial Property for sale in San Jose, CA

for $4,600,000. This 10,416 square foot building was built in 1959 on a lot size of 0.3444.

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.

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Commercial Active

Price

$ 4,600,000

Property Type

Commercial

Taxes

$ 66,939

Style

Lot Size

0.3444

Year Built

1959

Town/City

San Jose

County/Region

Santa Clara

MLS | Web ID

ML82038375

Days on Market

5

Features
General
Heating Wall Furnace
Cooling None
Utilities Other
Roof Flat
Zoning R-M
HOA Fee 0
Year Built 1959
County Santa Clara
Insurance Expense 10892
Property Type Commercial Sale
MaintenanceExpense 10400
Special Listing Conditions Standard
Status Active
City San Jose
High School District Other
MLS Area 699 - Not Defined
Lot Size Units Square Feet
Lot Size Square Feet 15000
Carport Spaces 16
Carport Y/N true
Tax Annual Amount 66939
Trash Expense 6361
Standard Status Active
Year Built Source Assessor
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Interior
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Total Parking 5
Lot Size Area 15000
Number of Buildings 1
Building Area Total 10416
Lot Size Acres 0.3444
Lot Size Source Assessor
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* Excluded Features
List By
Marcus & Millichap

Broker

mzurich@marcusmillichap.com

Email

Affordability Calculator

$33,901
Per Month
84%
16%
0%
Monthly Principal & Interest
$28,323
Monthly Property Taxes
$5,578
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/12/2026$4,600,000 Listed Price

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2748 Kollmar Drive, San Jose, CA, 95127 is a Commercial Property for sale at $4,600,000 with 10,416 sqft and a lot size of 0.3444. 2748 Kollmar Drive was built in 1959. The property's zip code is 95127 which is in San Jose, CA