Property Detail

2748 Kollmar

San Jose CA 95127

$4,600,000

Status: Active

Property Details

Description

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.

Map Location

Listing provided courtesy of Mitchell Zurich of Marcus & Millichap. Last updated 2026-03-30 08:36:35.000000. Listing information © 2025 CRMLS.

The Lineup

The Lineup

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