2718 Kollmar Drive

San Jose, CA 95127

$11,000,000
Last Sold Price
Beds
27,082 Sq. Ft.
$406 / Sq. Ft.
27,082
Sq. Ft.
$406
per Sq. Ft.

Description

Significant pricing update based on agent and investor feedback. This property is expected to sell quickly with the updated price! Two buildings totaling 42 value-added units located in the heart of Silicon Valley. Sale includes both buildings 2710 and 2718 Kollmar Dr., all 2 bedroom units plus one studio. 100% occupancy. Updates include double pane windows and new exterior paint throughout. Features include onsite laundry, close to schools, shopping, restaurants, and easy freeway access for commute...Significant pricing update based on agent and investor feedback. This property is expected to sell quickly with the updated price! Two buildings totaling 42 value-added units located in the heart of Silicon Valley. Sale includes both buildings 2710 and 2718 Kollmar Dr., all 2 bedroom units plus one studio. 100% occupancy. Updates include double pane windows and new exterior paint throughout. Features include onsite laundry, close to schools, shopping, restaurants, and easy freeway access for commute on Frwy 680, 280, and 101.
  1. Listed by Duydat Vu • DRE #01454787 • Dat Vu, Broker

Property Details for 2718 Kollmar Drive

MLS City Name
SAN JOSE
Building Type
Other
Garage Spaces
0
Parking Spaces
1
Cross Street
S. Capitol Ave.

Location

Listing Courtesy of Dat Vu, Broker, Duydat Vu, DRE #01454787

Sold By K&K Homes Realty, Thuy Nguyen, DRE #01432477

Add your commute
LISTING UPDATED: 10/14/2020 05:46 PM

Property Details for 2718 Kollmar Drive

StatusSold
MLS #ML81798328
Days on Compass51
Taxes$153,049 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCOMM RI MULTI-UNITS 5+ / Other
Year Built1960
Lot Size1.01 AC / 44,119 SF
CountySanta Clara County

Location

Listing Courtesy of Dat Vu, Broker, Duydat Vu, DRE #01454787

Sold By K&K Homes Realty, Thuy Nguyen, DRE #01432477

Add your commute

Building Information for 2718 Kollmar Drive

Stories-Residences-Year Built1960Building Size-Lot Size1.01 AC / 44,119 SF

Payment Calculator

$72,786 per month

30 year fixed, 7.25% Interest

Principal and Interest

$60,032

Property Taxes

$12,754

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2718 Kollmar Drive

Features
Features
  • Fireplace: No
  • Living SqFt: 27082
  • Pool: No
  • Security Features: Security Fence, Other
  • Special Features: Other
Utilities
  • Cooling: Other
  • Heating: Wall Furnace
  • Meters: Separate Electric, Separate Gas
  • Sewer Septic: Sewer Connected
  • Utilities: Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 48
Property Details
Homeowners Association
  • HOA Exists: 0
Property Details
  • Min Num Of Units in Complex: 42
  • Area Text: Alum Rock
  • Restrictions: None
  • Roof: Flat / Low Pitch, Other
  • Subclass: Five or More Units
  • Year Built Source: Other
  • Street Number: 2718
  • Street Name: Kollmar
  • Street Suffix: Drive
  • Area ID: 4
Lot / Property Details
Building Information
  • Number of Buildings: 2
  • Structure SqFt: 27082
  • Structure SqFt Source: Other
  • Age: 60
Development Information
  • Construction Type: Wood Frame
  • Ownership Type: Limited Partnership
  • Zoning Detail: R3
Location Information
  • City Limits: Yes
  • Directions: Two buildings included in Sale, 2710 and 2718 Kollmar Dr. Total 42 Units.
  • Incorporated: No
  • Parcel Number: 488-01-006
  • County Name: Santa Clara
  • City Name: SAN JOSE
  • City Postal ID: 58
  • Postal Code: 95127
  • Elementary School District: 451
  • High School District Text: East Side Union High
Lot Information
  • Foundation: Crawl Space
  • Lot Acres: 1.01
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Other
Multi Family Information
Building Information
  • No Of Leased: 42
General Information
  • Annual Tax Amount: $153,049
  • Capitalization Rate: 5.85
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Income Includes: Laundry, Rents, Storage Area
  • Vacancy Factor: 4
Income / Expense Details
  • Expense Insurance: $12,059
  • Expense Landscape: $8,400
  • Expense Maintenance: $12,600
  • Expense Management: $50,400
  • Expense Trash: $12,600
  • Expenses Other: $10,700
  • Expenses Utility: $56,417
  • Expenses Total: $316,225
  • Operating Expenses Include: Fee - Property Tax, Services - Sewer, Services - Trash Removal, Utilities - Water, Other
  • Gross Rent Multiplier: 11.16
  • Income Annual Gross: $989,455
  • Income Annual Rental: $1,015,200
  • Income Gross Scheduled: $1,030,682
  • Income Other: $15,482
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 2
Unit 2 Information
  • Unit 2 Approx Square Footage: 300
  • Unit 2 Full Bathrooms: 1
Unit Type 1
  • Unit Type1 Approx SqFt: 600

Property History for 2718 Kollmar Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2718 Kollmar Drive

Taxable ValueLand$1,243,278Additions$1,221,665Total$2,464,943
Home Facts
Total Finished SqFt5,906 SqFtAbove Grade Finished SqFt5,906 SqFtStories2Lot Size9,600 SqFtStyleMulti-Family Res (5+ Units)Year Built1960ZoningR3CountySANTA CLARAAPN488-01-007Fireplace TypeHas Fireplace

Schools near 2718 Kollmar Drive

This home is within Alum Rock Union Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 11 to 12
Rating
School
Distance
Thomas P. Ryan Elementary School
PublicK to 5

Ocala Middle School
Public6 to 8

James Lick High School
Public9 to 12

Phoenix High School
Public11 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Dat Vu, Broker, Duydat Vu, DRE #01454787

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.