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Sold for $2,450,000
  • Tax assessed value
    $2,450,000

    516 Romberg Dr, Sunnyvale, CA 94087

    5beds
    4baths
    2,570sqft
    Duplex, Residential Income
    Built in 1970
    -- sqft lot
    $2,342,600 Zestimate®
    $953/sqft
    $4,541 Estimated rent

    Home value

    $2,342,600

    $2.16M - $2.53M

    $4,541/mo

    Zestimate® history
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    What's special

    518 Romberg Dr is a prime investment opportunity featuring 2 units located in the thriving city of Sunnyvale. This property boasts strong in-place rents, ensuring a stable and lucrative income stream for investors. Built in 1972, this property offers 2,600 square feet of building space on an 8,400 square foot lot. Recent capital expenditures include newer appliances throughout and new central air/heat installed in 2021. The unit mix comprises a 3/2 and a 2/2 duplex, both featuring desirable floor plans with windows on all sides, spacious patios/backyards, and in-unit laundry facilities. Situated near highly rated Cupertino schools, including Stocklmeir Elementary, Cupertino Middle, and Fremont High School. The property also offers easy access to Highways 82, 85, and 280, making it an ideal location for families and commuters.

    Zillow last checked:

    Listing updated:

    Listed by:

    Eric Katz 01900078 408-438-0969,

    Magnify Real Estate 877-776-7718

    Bought with:

    Eric Katz, 01900078

    Magnify Real Estate

    Source: MLSListings Inc,MLS#: ML81970586MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    Heating
    • Central Forced Air
    Cooling
    • None
    Appliances
    • Included: Washer/Dryer
    • Laundry: Hookups Only
    Interior area
    • Total structure area: 2,570
    • Total interior livable area: 2,570 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached
    • Carport spaces: 2
    Accessibility
    • Accessibility features: Parking
    Features
    • Stories: 1
    Lot
    • Size: 8,276 Square Feet
    Details
    • Parcel number: 21133040
    • Zoning: R2
    • Special conditions: Standard
    • Horses can be raised: Yes

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex, Residential Income
    Materials
    • Foundation: Wood Frame
    • Roof: Composition, Shingle
    Condition
    • Year built: 1970

    Utilities & green energy

    • Gas: IndividualGasMeters, PublicUtilities
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Public Utilities, Water Public, Individual Electric Meters, Individual Gas Meters

    Community & HOA

    Location
    • Region: Sunnyvale

    Financial & listing details

    • Price per square foot: $953/sqft
    • Tax assessed value: $2,450,000
    • Annual tax amount: $29,237
    • Date on market: 6/21/2024
    • Listing agreement: ExclusiveRightToSell
    • Inclusions: Building, Land
    • Lease term: Month To Month

    Price history

    DateEventPrice
    3/23/2025Listing removed$4,000$2/sqft
    Source: Zillow Rentals Report a problem
    3/19/2025Listed for rent$4,000$2/sqft
    Source: Zillow Rentals Report a problem
    8/12/2024Sold$2,450,000-1.5%$953/sqft
    Source: MLSListings Inc #ML81970586 Report a problem
    8/11/2024Pending sale$2,488,000$968/sqft
    Source: MLSListings Inc #ML81970586 Report a problem
    6/26/2024Contingent$2,488,000$968/sqft
    Source: MLSListings Inc #ML81970586 Report a problem
    6/21/2024Listed for sale$2,488,000+130.4%$968/sqft
    Source: MLSListings Inc #ML81970586 Report a problem
    7/31/2006Sold$1,080,000+20.7%$420/sqft
    Source: Public Record Report a problem
    5/24/2006Sold$895,000$348/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$38,527 +132.7%$2,450,000 +72.7%
    2024$16,558 +0.7%$1,418,591 +2%
    2023$16,435 +0.6%$1,390,776 +2%
    2022$16,343 +0.9%$1,363,507 +2%
    2021$16,192 +1.1%$1,336,772 +1%
    2020$16,008 $1,323,066 +2%
    2019$16,008 +4.7%$1,297,124 +2%
    2018$15,295 $1,271,691 +2%
    2017$15,295 +0.5%$1,246,757 +2%
    2016$15,225 $1,222,312 +1.5%
    2015-- $1,203,952 +2%
    2014-- $1,180,369 +28.6%
    2013-- $918,000 +3.4%
    2012-- $888,000 -7.5%
    2011-- $960,000 -14.4%
    2010-- $1,120,968 -0.2%
    2009-- $1,123,632 +2%
    2008-- $1,101,600 +2%
    2007-- $1,080,000 +827.4%
    2006-- $116,450 +2%
    2005-- $114,168 +2%
    2004-- $111,931 +1.9%
    2003-- $109,880 +2%
    2002-- $107,727 +2%
    2001-- $105,616
    Find assessor info on the county website

    Neighborhood: Ortega

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: CupertinoUnion

    Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $2,342,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,342,600