$2,400,000
SOLD NOV 19, 2025

7344 Rainbow Dr Cupertino, CA 95014

McClellan Neighborhood
8 Beds
4 Baths
3,198 Sq Ft
6,007 Sq Ft Lot

Recently Sold

$750 Per Sq Ft

7% Below List Price

119 Days on Market

About This Home

As of November 2025

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!

Last Agent to Sell the Property

Jose Pulido

Realty One Group Infinity License #01923155 Listed on: 07/18/2025

Realty One Group Infinity

Co-Listed By

Ivette Cote

Realty One Group Infinity License #02229104

Last Buyer's Agent

Chris Buchanan

Intero Real Estate Services License #02068778

Intero Real Estate Services

Property Details

Home Type

  • Multi-Family

Year Built

  • 1962

Lot Details

  • 6,007 Sq Ft Lot

Parking

  • 8 Car Garage
  • 1 Carport Space
  • Off-Street Parking

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 3,198 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Utilities

  • Central Air
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $132,600
  • Month-to-Month Lease Term

Community Details

Overview

Building Details

  • 4 Leased Units
  • Gardener Expense $100
  • Insurance Expense $3,050
  • Maintenance Expense $800
  • Manager Expense $600
  • Other Expense $1,000
  • Utility Expense $50
  • Trash Expense $100
  • Operating Expense $8,293
  • Gross Income $129,107

Property Details

Home Type

Multi-Family

Year Built

1962

Lot Details

0

Parking

8

Listing Details

  • Zoning: R3H
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3198
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1962

Interior Features

  • Living Sq Ft: 3198
  • Stories: 2

Exterior Features

  • Foundation: Crawl Space
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 8
  • Parking Spaces: 1
  • Garage Parking Features: Off-Street Parking
  • Carport Min: 1

Utilities

  • Cooling System: Central Ac
  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.1379
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6006.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6006.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Month To Month
  • Gross Rent Multiplier: 18.32
  • Number Of Leased: 4

Multi Family

  • Utilities: Diesel
  • Expense Insurance: 3050
  • Expense Landscape: 100
  • Expense Maintenance: 800
  • Expense Management: 600
  • Expenses Other: 1000
  • Expenses Total: 8293
  • Expenses Utility: 50
  • Expense Trash: 100
  • Income Annual Gross: 129107.00
  • Income Annual Rental: 132600
  • Income Gross Scheduled: 133100
  • Income Includes: Laundry
  • Income Other: 500
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax
  • Tenant Expenses: Utilities - Water
  • Vacancy Factor: 3

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2025 11/19/25 Sold $2,400,000 -1.6% $750 / Sq Ft
11/15/2025 11/15/25 Pending -- -- --
09/18/2025 09/18/25 Price Changed $2,438,888 -3.9% $763 / Sq Ft
08/20/2025 08/20/25 Price Changed $2,538,888 -1.0% $794 / Sq Ft
08/06/2025 08/06/25 Price Changed $2,563,888 -1.0% $802 / Sq Ft
07/18/2025 07/18/25 For Sale $2,588,888 -- $810 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jose Pulido

    Seller's Agent in 2025

    Jose Pulido

    Realty One Group Infinity

    (408) 674-8997

    1 in this area

    11 Total Sales

    Jose Pulido
    Section Image

  • I

    Seller Co-Listing Agent in 2025

    Ivette Cote

    Realty One Group Infinity

    (916) 786-4600

    1 in this area

    1 Total Sale

    Ivette Cote
    Section Image
  • Chris Buchanan

    Buyer's Agent in 2025

    Chris Buchanan

    Intero Real Estate Services

    (408) 781-5510

    1 in this area

    129 Total Sales

    Chris Buchanan
    Section Image
  • Sean Buchanan

    Buyer Co-Listing Agent in 2025

    Sean Buchanan

    Intero Real Estate Services

    (408) 623-4014

    1 in this area

    106 Total Sales

    Sean Buchanan
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML82015122

MLSListings

APN: 366-19-021

California Santa Clara County Cupertino 95014 McClellan

7344 Rainbow Dr, Cupertino, CA

Sold

MultiFamily

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