Excellent investment opportunity to own a 4 PLEX with a Great Location. Unit mix consists of 4 units 2BED/1BATH. Well maintained quadplex is situated in a highly desirable neighborhood, offering access to top-rated Cupertino schools and unbeatable proximity to major tech campuses, including Apple Inc.. First floor 2-bedroom, 1-bath units boast private backyards, providing outdoor space for relaxation or entertaining. Garages for all units add convenience and extra storage. While current rents are below market, this presents a golden opportunity to increase cash flow offering an upside in an area of high appreciation. Located in close proximity to freeways, shopping, dining, and top employers. This quadplex is a rare find with tremendous upside potential. Don't miss out on this exceptional investment in one of Silicon Valley's most sought-after communities!
Sold for $2,400,000
$2,400,000
7344 Rainbow Dr, Cupertino, CA 95014
8beds
4baths
3,198sqft
Quadruplex, Residential Income
Built in 1962
-- sqft lot
$2,365,900 Zestimate®
$750/sqft
$3,156 Estimated rent
Home value
$2,365,900
$2.18M - $2.58M
$3,156/mo
Zestimate® history
Owner options
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$3,156/mo
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$3,156/mo
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$15,530/mo
Est. payment
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$15,530/mo
Est. payment
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Private backyardsGarages for all units
Zillow last checked:
Listing updated:
Listed by:
Joe Pulido 01923155 408-674-8997,
Realty One Group Infinity 408-377-2700,
Ivette Cote 02229104,
Realty One Group Infinity
Bought with:
Chris Buchanan, 02068778
Intero Real Estate Services
Sean Buchanan, 02078686
Intero Real Estate Services
Source: MLSListings Inc,MLS#: ML82015122
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Wall Furnace
Cooling
- Central Air
Interior area
- Total structure area: 3,198
- Total interior livable area: 3,198 sqft
Property
Parking
- Total spaces: 9
- Parking features: Off Street
- Garage spaces: 8
- Carport spaces: 1
- Covered spaces: 9
Accessibility
- Accessibility features: Parking
Features
- Stories: 2
Lot
- Size: 6,006 Square Feet
Details
- Parcel number: 36619021
- Zoning: R3H
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Residential Income
Materials
- Foundation: Crawl Space
- Roof: Composition, Other
Condition
- Year built: 1962
Utilities & green energy
- Gas: Diesel
- Sewer: Public Sewer
- Water: Water On Site
- Utilities for property: Diesel
Community & HOA
Location
- Region: Cupertino
Financial & listing details
- Price per square foot: $750/sqft
- Tax assessed value: $154,030
- Annual tax amount: $2,593
- Date on market: 7/18/2025
- Listing agreement: ExclusiveAgency
- Listing terms: FHA, CalVetLoan, CashorConventionalLoan, Exchange
- Inclusions: DishwasherSomeUnits, OvenRangeAllUnits
- Lease term: Month To Month
Price history
| Date | Event | Price |
|---|---|---|
| 11/19/2025 | Sold | $2,400,000-1.6%$750/sqft |
Source:  MLSListings Inc #ML82015122 Report a problem | ||
| 11/18/2025 | Pending sale | $2,438,888$763/sqft |
Source: MLSListings Inc #ML82015122 Report a problem | ||
| 9/18/2025 | Price change | $2,438,888-3.9%$763/sqft |
Source: MLSListings Inc #ML82015122 Report a problem | ||
| 8/20/2025 | Price change | $2,538,888-1%$794/sqft |
Source: MLSListings Inc #ML82015122 Report a problem | ||
| 8/7/2025 | Price change | $2,563,888-1%$802/sqft |
Source: MLSListings Inc #ML82015122 Report a problem | ||
| 7/18/2025 | Listed for sale | $2,588,888-7.5%$810/sqft |
Source: MLSListings Inc #ML82015122 Report a problem | ||
| 6/24/2025 | Listing removed | -- |
Source: MetroList Services of CA #225031086 Report a problem | ||
| 4/5/2025 | Price change | $2,799,000-6.7%$875/sqft |
Source: MetroList Services of CA #225031086 Report a problem | ||
| 3/14/2025 | Listed for sale | $2,999,000$938/sqft |
Source: MetroList Services of CA #225031086 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,362 +3.4% | $154,030 +2% |
| 2024 | $5,186 +3.3% | $151,011 +2% |
| 2023 | $5,023 -1.5% | $148,051 +2% |
| 2022 | $5,099 +3.1% | $145,149 +2% |
| 2021 | $4,946 +2.7% | $142,304 +1% |
| 2020 | $4,814 | $140,846 +2% |
| 2019 | $4,814 +14.5% | $138,085 -94% |
| 2018 | $4,205 -85.7% | $2,288,879 +1624.5% |
| 2017 | $29,385 +627.1% | $132,724 +2% |
| 2016 | $4,042 +9.4% | $130,123 +1.5% |
| 2015 | $3,695 +4.5% | $128,170 +2% |
| 2014 | $3,534 | $125,661 -90.9% |
| 2013 | -- | $1,375,994 +27.3% |
| 2012 | -- | $1,081,000 +799.1% |
| 2011 | -- | $120,238 +0.8% |
| 2010 | -- | $119,340 -0.2% |
| 2009 | -- | $119,624 +2% |
| 2008 | -- | $117,280 +2% |
| 2007 | -- | $114,982 +2% |
| 2006 | -- | $112,729 +2% |
| 2005 | -- | $110,520 +2% |
| 2004 | -- | $108,354 +1.9% |
| 2003 | -- | $106,369 +2% |
| 2002 | -- | $104,285 +2% |
| 2001 | -- | $102,241 |
Find assessor info on the county website
Neighborhood: Monta Vista South
Nearby homes
- $--2 bd1 ba820 sqft7344 Rainbow Dr APT 1, Cupertino, CA 95014Off Market
- $--2 bd1 ba820 sqft7344 Rainbow Dr APT 4, Cupertino, CA 95014Off Market
- $--2 bd1 ba1k sqft7344 Rainbow Dr APT 3, Cupertino, CA 95014Off Market
- $4,4002 bd1 ba-- sqft7344 Rainbow Dr APT 2, Cupertino, CA 95014For Rent
- $2,478,300-- bd-- ba3.1k sqft7362 Rainbow Dr, Cupertino, CA 95014Off Market
- $2,550,5002 bd1 ba800 sqft7330 Rainbow Dr, Cupertino, CA 95014Off Market
- $--1 bd1 ba800 sqft7330 Rainbow Dr APT 1, Cupertino, CA 95014Off Market
- $--2 bd1 ba800 sqft7330 Rainbow Dr APT 3, Cupertino, CA 95014Off Market
Nearby schools
GreatSchools rating
- 9/10Blue Hills Elementary SchoolGrades: K-5Distance: 0.9 mi
- 9/10John F. Kennedy Middle SchoolGrades: 6-8Distance: 1.3 mi
- 10/10Monta Vista High SchoolGrades: 9-12Distance: 1.6 mi
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
$2,365,900
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
$2,365,900
- California
- Santa Clara County
- Cupertino
- 95014
- Monta Vista South
- 7344 Rainbow Dr
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Cupertino Topics
