Commercial Property - 2748 Kollmar Drive, San Jose, CA
$4,475,000
2748 Kollmar Drive, San Jose, CA
MLS# ML82038375
10,416 Sq Ft • Commercial Sale
Nalren refreshed
Listing Agent
Mitchell Zurich
DRE #: 01870648
Brokerage: Marcus & Millichap
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.
Property details
Location
2748 Kollmar Drive • San Jose, CA 95127
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Closed commercial sales reported, newest first.
Sale history for 2748 Kollmar Drive
- Sold $4,275,000 in July 2020 · MLS #ML81785754 · Source: CRMLS
CRMLS
MLS# ML82038375
Listed: 3/12/2026 7:21 AM
© 2026 California Regional Multiple Listing Service, Inc.
Based on information from the California Regional Multiple Listing Service, Inc. as of 9/24/2026 2:39 PM. 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 deemed reliable but is not guaranteed accurate by the MLS.
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Listed by: Marcus & Millichap
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Advertising Broker: Nalren Corp (CA DRE #02423715)
Licensed in the state of California
Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.