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
170
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.
- Rita Ledesma Elementary School (Elementary) - GreatSchools rating 9/10 - Dolores Huerta Middle (Middle) - GreatSchools rating 5/10 - Kathleen MacDonald High School (High) - GreatSchools rating not listed School District: Oak Grove Elementary School District
Within a 1-2 mile radius of Kollmar, San Jose, CA 95127, several parks and recreational areas are available. These include Fleming Park, located on Fleming Ave. and Waterstone Ct., and Mt. Pleasant Park, situated at Aramis Dr. & Park Pleasant Cir.
The Kollmar area is part of San Jose, CA 95127. While some residents describe the community as having a lack of community feel, others express love for the area, citing its safety and convenience to shopping. San Jose itself is known as the heart of Silicon Valley, with a strong economic base and a forward-facing identity, offering a diverse range of neighborhoods from historic areas to modern developments.
The Kollmar area has a Walk Score of 83 out of 100, indicating that most errands can be accomplished on foot. It also has a Transit Score of 66, suggesting good access to public transportation. Nearby transit options include bus lines such as the 64B, 64A, and 66, as well as the Green and Blue light rail lines.
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.
- Rita Ledesma Elementary School (Elementary) - GreatSchools rating 9/10 - Dolores Huerta Middle (Middle) - GreatSchools rating 5/10 - Kathleen MacDonald High School (High) - GreatSchools rating not listed School District: Oak Grove Elementary School District
Within a 1-2 mile radius of Kollmar, San Jose, CA 95127, several parks and recreational areas are available. These include Fleming Park, located on Fleming Ave. and Waterstone Ct., and Mt. Pleasant Park, situated at Aramis Dr. & Park Pleasant Cir.
The Kollmar area is part of San Jose, CA 95127. While some residents describe the community as having a lack of community feel, others express love for the area, citing its safety and convenience to shopping. San Jose itself is known as the heart of Silicon Valley, with a strong economic base and a forward-facing identity, offering a diverse range of neighborhoods from historic areas to modern developments.
The Kollmar area has a Walk Score of 83 out of 100, indicating that most errands can be accomplished on foot. It also has a Transit Score of 66, suggesting good access to public transportation. Nearby transit options include bus lines such as the 64B, 64A, and 66, as well as the Green and Blue light rail lines.
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.
