7100 Rainbow Drive 33, San Jose, California 95129, San Jose, 95129 - 2 bed, 2 bath
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7100 Rainbow Drive 33
San Jose, California 95129
ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,050Sq Ft
0Lot Size
Property Price
LIST PRICE$699,000
EST. MARKET VALUE
$654,415
6% AboveMARKET VALUE
SUMMARY
This Turnkey Condominium is a Strong Value Opportunity, listed at $699,000—positioned above the $652,973 Fair Market Value. While priced slightly above market, the property offers a Condition Rating of 3, featuring a modern kitchen and move-in ready interiors. Located in a prime area feeding into Lynbrook High School (10/10) and Joaquin Miller Middle (9/10), it provides an exceptional lifestyle with resort-style amenities like a pool and spa. This is an ideal acquisition for first-time buyers or owner-occupants prioritizing top-tier school districts and commute convenience.
Estimated Market Value
$654,415
Based on Realkey algorithm analyzing recent comparable sales in San Jose.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7100 Rainbow Drive 33 Subject 2 bd · 2 ba · 1,050 sqft · $623 | $699,000* List Price | 2 | 2 | 1,050 | $623 | - |
A 7150 Rainbow Drive 4 Sold 2 bd · 1 ba · 968 sqft · $733 · 0.1 mi | $710,000 | 2 | 1 | 968 | $733 | 0.1 mi |
B 7219 Via Vico Sold 3 bd · 3 ba · 1,305 sqft · $689 · 0.5 mi | $899,000 | 3 | 3 | 1,305 | $689 | 0.5 mi |
C 7070 Rainbow Dr 9 Pending 2 bd · 2 ba · 1,015 sqft · $787 · 0.0 mi | $799,000 List Price | 2 | 2 | 1,015 | $787 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1964, the unit has been significantly updated with a modern kitchen featuring white shaker cabinets and stone countertops, contemporary laminate flooring, and recessed lighting. The interior is newly painted and move-in ready, fitting the criteria for a well-maintained renovation within the 5-15 year range.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Middle School: Joaquin Miller Middle School (9/10). High School: Lynbrook High School (10/10).
- Elite School District
The property is zoned for top-tier schools, including Lynbrook High (10/10) and Joaquin Miller Middle (9/10), providing immense value and desirability for families.
- Prime Silicon Valley Location
Perfectly situated on the Cupertino border with immediate access to Highway 85 and I-280, offering a short commute to major tech hubs and Main Street Cupertino.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Built in 1964, the complex may lack the modern energy efficiency and contemporary architectural features found in newer developments.
- High Monthly Carrying Costs
The $675 monthly HOA fee is a significant recurring expense that may impact the overall affordability and debt-to-income ratio for some buyers.
About 7100 Rainbow Drive 33
Excellent opportunity to own a turnkey home with incredible, flexible terms! This beautifully updated, newly painted 2BR/1.5BA Cupertino Creekside condo perfectly bridges West San Jose and Cupertino. Buy with absolute peace of mindthis stable association is completely litigation-free and 100% ready for traditional lending. Best of all, the owner is offering ultimate purchasing flexibility with seller financing at a below-market interest rate, allowing you to bypass strict traditional guidelines and secure this property on your own terms. This location offers direct access to the highly coveted, top-ranked Fremont Union High School District, including the nationally acclaimed Lynbrook High School. It's an absolute commuter's dream, situated just 8 minutes from Main Street Cupertino and under 10 minutes to HWY 85 and I-280. Enjoy secure, gated underground parking and elevator access straight to your entrance. Inside, you will find a peaceful atmosphere complemented by a private upper-level balcony perfect for relaxing. Live effortlessly in this friendly community with a litigation-free HOA. Premium amenities include sparkling pools, a spa, a clubhouse, a gym, a laundry room, and a community kitchen. Move right in!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1964
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $675.0 / Month
Neighborhood Insights
San Jose Unified Schools
R. I. Meyerholz Elementary School
Grades K-5 • 0.5 mi
8/10
Joaquin Miller Middle School
Grades 6-8 • 0.9 mi
9/10
Lynbrook High School
Grades 9-12 • 1.2 mi
10/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,050 | 1,090.036 |
| Lot Size | - | 1,343.164 |
| Price | $699.0K | $635.7K |
| Price per sq ft | $666 | $614 |
| Built year | 1964 | 1988 |
| HOA | $675.0 | $602 |
| Days on market | 50 | 58 |
Pricing History
Listed for Sale
Sep 4, 2026
$699,000
Initial Listing
Sold
May 16, 2023
$875,000
Public Record
Sold
Jan 8, 2013
$509,000
Public Record
Sold
Aug 30, 2007
$510,000
Public Record
Sold
Oct 15, 2003
$335,000
Public Record
Sold
Apr 1, 1997
$185,000
Public Record
Sold
Aug 3, 1994
$145,000
Public Record