San Jose, CA 95127
$4,475,000
Bed
0
Bath
0
Living Space
10,416 SqFt
Year Built
1959
Lot Size
0.34 Acres
Days
202
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.
Listing provided courtesy ofMitchell Zurich License 01870648 Marcus & Millichap
Data provided by MLSListings Inc.
- Adelante Dual Language Academy (Elementary) - GreatSchools rating 5/10 - Adelante Dual Language Academy (Middle) - GreatSchools rating 5/10 School District: Alum Rock Union Elementary School District
Within a 1-2 mile radius of Kollmar, San Jose, CA, 95127, several parks are available. These include Mount Pleasant Park, which offers walking and hiking trails, and Fleming Park, located at Fleming Ave. and Waterstone Ct..
The Kollmar area is part of the 95127 zip code, which offers a serene suburban lifestyle with scenic views and a close-knit community atmosphere. Local amenities include grocery stores like Safeway and a variety of dining options.
The Kollmar area is car-dependent, with most errands requiring a vehicle. It has a Walk Score of 47 and a Transit Score of 46. Nearby bus lines include the 42 (Evergreen Valley Coll - Santa Teresa Stn) and the 68 (San Jose Diridon - Gilroy TC). The closest light rail line is the Blue Line, located 1.4 miles away.
This neighborhood information is AI-generated based on the property address and publicly available data. Please verify important information independently. Do not rely solely on this information for property decisions. RoostHaven makes no warranties and assumes no liability for the accuracy or completeness of AI-generated information. School boundaries, ratings, and local amenities may change over time.
- Adelante Dual Language Academy (Elementary) - GreatSchools rating 5/10 - Adelante Dual Language Academy (Middle) - GreatSchools rating 5/10 School District: Alum Rock Union Elementary School District
Within a 1-2 mile radius of Kollmar, San Jose, CA, 95127, several parks are available. These include Mount Pleasant Park, which offers walking and hiking trails, and Fleming Park, located at Fleming Ave. and Waterstone Ct..
The Kollmar area is part of the 95127 zip code, which offers a serene suburban lifestyle with scenic views and a close-knit community atmosphere. Local amenities include grocery stores like Safeway and a variety of dining options.
The Kollmar area is car-dependent, with most errands requiring a vehicle. It has a Walk Score of 47 and a Transit Score of 46. Nearby bus lines include the 42 (Evergreen Valley Coll - Santa Teresa Stn) and the 68 (San Jose Diridon - Gilroy TC). The closest light rail line is the Blue Line, located 1.4 miles away.
This neighborhood information is AI-generated based on the property address and publicly available data. Please verify important information independently. Do not rely solely on this information for property decisions. RoostHaven makes no warranties and assumes no liability for the accuracy or completeness of AI-generated information. School boundaries, ratings, and local amenities may change over time.
