7150 Rainbow 42, San Jose, California 95129, San Jose, - bed, bath

home-pic
ACTIVE$760,000
7150 Rainbow 42, San Jose, California 95129
2Beds
2Baths
1,050Sqft
28,755Lot
Year Built
1964
Close
-
List price
$760K
Original List price
$760K
Price/Sqft
-
HOA
$675
Days on market
-
Sold On
-
MLS number
ML82017238
Home ConditionGood
Features
Good View:
Pool
Patio
View-

About this home

Welcome to this bright and airy unique top-floor corner two-story condo. 2 bedroom, 1.5 bathroom in a prime location with top-ranked schools! This bright and airy home is nestled in a secure building, offering both comfort and convenience in the tranquil Cupertino Creekside Community. Upon entry, a spacious living room bathed in natural light. In-unit laundry adds extra convenience. The private patio and all windows have views of the park-like community space that is surrounded by trees. A bridge leads you to a tree-lined community pool that provides the perfect oasis setting for relaxing. There's also a well-equipped gym, game room and lots of reservable community space for private events. 1 assigned parking space in the gated underground garage and 1 storage locker in the garage. This condo is ideally situated near the library, parks, recreation areas, shopping centers, and restaurants, with easy commutes to major employers.

Nearby schools

8/10
R. I. Meyerholz Elementary School
Public,K-50.5mi
9/10
Joaquin Miller Middle School
Public,6-81.0mi
10/10
Lynbrook High School
Public,9-121.3mi

Price History

Date
Event
Price
08/07/25
Listing
$760,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (9 Listings)
Beds22
50%
Baths22
50%
Square foot1,0501,047
50%
Lot Size28,7550
30%
Price$760K$673K
70%
Price per square foot$724$627.5
70%
Built year19649850985
20%
HOA$675$545.5
90%
Days on market90164
20%
Condition Rating
Good

This 1964-built condo has undergone significant and tasteful updates, making it move-in ready. The kitchen features modern two-tone cabinetry (dark blue lowers, white uppers) and a subway tile backsplash, suggesting a recent renovation. The main bathroom boasts an updated floating vanity, contemporary mirror, and modern light fixture. Flooring, including hardwood in living areas and carpet in the bedroom, appears well-maintained. While the property presents very well, the visible baseboard heating system and somewhat dated shower enclosure indicate that not all major systems or components have been fully updated to current 'excellent' standards, aligning it with a 'good' condition where it's extensively renovated within the last 5-15 years and well-maintained.
Pros & Cons

Pros

Prime Location & Top-Ranked Schools: Highly desirable San Jose location offering access to top-ranked schools, essential amenities (shopping, dining, parks, library), and convenient commutes to major employers.
Extensive Community Amenities: Residents benefit from a secure building, a tree-lined community pool, a well-equipped gym, a game room, and reservable event spaces, fostering a vibrant community lifestyle.
Unique Top-Floor Corner Unit: A bright, airy, two-story, top-floor corner unit design ensures abundant natural light, spacious living, and private park-like views from all windows and the patio.
In-Unit Convenience Features: Includes practical amenities such as in-unit laundry, a private patio, and a dedicated storage locker, enhancing daily living comfort and organization.
Secure Gated Parking: Provides the security and convenience of one assigned parking space in a gated underground garage, a valuable asset in a dense urban area.

Cons

High Monthly Association Fee: The $675.0 monthly association fee is substantial, significantly impacting the overall cost of ownership and potentially limiting the buyer pool.
Building Age: Built in 1964, the property is an older construction, which may entail higher maintenance costs, potential for future special assessments, or less modern infrastructure compared to newer developments.
Limited Parking: With only one assigned parking space in the gated garage, households with multiple vehicles may find parking inconvenient or insufficient.

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