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Key Details
Sold Price $2,450,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,570 sqft
Price per Sqft $953
MLS Listing ID ML81970586
Sold Date 08/12/24
HOA Y/N No
Year Built 1970
Annual Tax Amount $29,237
Lot Size 8,276 Sqft
Property Description
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.
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning R2
Interior
Heating Central
Cooling None
Fireplace No
Exterior
Parking Features Uncovered
Carport Spaces 2
View Y/N No
Roof Type Composition,Shingle
Accessibility Parking
Total Parking Spaces 2
Building
Lot Description Horse Property
Story 1
Sewer Public Sewer
Water Public
Schools
School District Other
Others
Tax ID 21133040
Horse Property Yes
Financing Conventional
Special Listing Condition Standard
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Bought with Eric Katz • Magnify Real Estate