Yes, I grew up in San Jose in the 1960s and I do remember seeing the Rainbow Ballroom below the Imperial Hotel on 1st Street (on the right hand side, going south). The Fairmont Hotel now stands in it's place and the back entrance of The Fairmont sits on the same site as the Imperial Hotel (the Rainbow Ballroom was to the immediate left of the doorway of the Imperial Hotel). Both The Rainbow Ballroom and the Imperial Hotel closed around 1975-1976 and have since been demolished.
I used to live and work on San Antonio across the street from the Rainbow ballroom in 1970 to 1972. The restaurant that was across the street was called "La Poblana" were I worked. I remember the Rainbow ballroom closing down late in 1971. In fact the whole side of the block was vacated to be demolished.
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