Excellent investment opportunity to own a 4 PLEX with a Great Location. Makes $11,050 a month, that's $132,600 a year. 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!
Listed by Joe Pulido
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License #01923155
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Realty One Group Infinity
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408-674-8997
Last updated August 20, 2025
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Source: MLSListings #ML82015122
Listing Facts
TypeMulti-family
NeighborhoodMonta Vista South
Days on Prevu54
Taxes$2,593/year
Size3,198 sqft
Price per sqft$794
Amenities
Pets Allowed
Parking
Location
Mortgage Calculator
Listing History
08/20/2025
Price Decreased
$2,538,888
08/07/2025
Price Decreased
$2,563,888
07/18/2025
Listed by Realty One Group Infinity
$2,588,888
Property Details for 7344 Rainbow Drive
Exterior
Construction
Number Of Units Total: 4
Roof: Composition, Other
Stories: 2
Year Built: 1962
Year Built Details: 2
Measurements
Building Area Total: 3,198
Lot Size Acres: 0.13
Lot Size Area: 6,006
Lot Size Source: Assessor
Lot Size Square Feet: 6,006
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 4.76
Gross Income: $129,107.00
Taxes
Parcel Number: 366-19-021
Tax Annual Amount: $2,593.00
Interior
Measurements
Living Area: 3,198
Other
Features
Accessibility Features: Parking
Parking
Parking
Carport Spaces: 1
Carport: Yes
Garage Spaces: 8
Garage: Yes
Parking Features: Off-Street Parking
Parking Total: 1
Schools
Elementary School
Elementary School District: Cupertino Union
High School
High School District: Fremont Union High
Utilities
Equipment
Cooling: Central Forced Air
Heating: Wall Furnace
Sewer: Public Sewer
Utilities: Diesel
Water Source: Water On Site
Based on information from MLSListings™️ and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
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