Sold
Last Sold Price
2,470 sqft$291/sqft
7340 Tustin Rd, Salinas, CA 93907
Multi FamilyProperty Type
0.94 acresLot Size
1955Year Built
$291/sq ftPrice per sq ft
12 carsParking Spaces
  • Listed by: April Whitehead DRE #01268491 Brokerage DRE #01268491 • Cottage & Castles Real Estate 831-262-7132
Listing closed: 09/26/2016 12:00 AM • Source: MLSListings, MLS#: ML81583922

Recent comparable sales

Median sold price

$750,000

Avg days on market

130

Sale-to-list ratio

93.6%

Salinas, CA

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Location

Listing Courtesy of Cottage & Castles Real Estate, April Whitehead, DRE #01268491

Sold By Steinbeck Real Estate, Inc., Corey Luce, DRE #01868602

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Property Information for 7340 Tustin Road

Property Details
  • Taxes: $6,500 / year
  • MLS Type: RESIDENTIAL INCOME
  • MLS City Name: SALINAS
  • Building Type: TRIPLEX
  • Garage Spaces: 2
  • Parking Spaces: 10
  • Cross Street: Moro
Building Information
  • Stories: 1
  • Residences: 3
  • Year Built: 1955
  • Lot Size: 0.94 AC / 40,946 SF
Features
Room Information
  • Kitchen: 220 Volt Outlet, Appliances - Vary by Unit, Countertop - Synthetic, Countertop - Tile, Dishwasher, Exhaust Fan, Hood Over Range, Oven - Double
Features
  • Energy Features: Double Pane Windows, Low Flow Toilet
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Laminate, Tile, Vinyl / Linoleum
  • Laundry: Washer/Dryer - Some Units
  • Living SqFt: 2470
  • Pool: No
  • Security Features: None
  • Special Features: Wheelchair Access
Utilities
  • Cooling: None
  • Heating: Stove - Wood, Wall Furnace
  • Meters: Master Water, Separate Electric
  • Sewer Septic: Septic Standard
  • Utilities: Individual Electric Meters, Propane On Site
  • Water: Well
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Attached Garage, Gate / Door Opener, Off-Street Parking, Room for Oversized Vehicle, Varies by Unit
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Exterior: Dual Pane Windows
  • Area Text: Prunedale, Elkhorn, Moss Landing
  • Roof: Composition, Shingle
  • Subclass: Triplex
  • Year Built Source: Assessor
  • Street Number: 7340
  • Street Name: Tustin
  • Street Suffix: Road
  • Area ID: 57
Lot / Property Details
Building Information
  • Number Of Stories: 1
  • Number of Buildings: 3
  • Structure SqFt: 2470
  • Structure SqFt Source: Assessor
  • Age: 61
Development Information
  • Construction Type: Wood Frame
  • Ownership Type: Individual
  • Zoning Detail: RC/B8
Location Information
  • City Limits: No
  • Incorporated: No
  • Parcel Number: 125-521-001-000
  • County Name: Monterey
  • City Name: SALINAS
  • City Postal ID: 5389
  • Postal Code: 93907
  • Elementary School District: 439
  • High School District Text: North Monterey County Unified
Lot Information
  • Foundation: Concrete Perimeter, Concrete Slab
  • Horse Property: Possible
  • Lot Acres: .94
  • Lot Description: Horses Possible
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Other
  • Yard Grounds: Deck, Sprinklers - Lawn, Storage Shed / Structure
Multi Family Information
Building Information
  • No Of Leased: 3
General Information
  • Annual Tax Amount: $6,500
  • Building Unit Total: 3
  • Capitalization Rate: 5.28
  • Tenant Expenses: Utilities - Electric
  • Income Includes: Rents
  • Vacancy Factor: 2
Income / Expense Details
  • Expense Insurance: $2,600
  • Expense Landscape: $1,500
  • Expense Maintenance: $5,000
  • Expense Management: $0
  • Expense Trash: $900
  • Expenses Other: $0
  • Expenses Utility: $600
  • Expenses Total: $17,100
  • Operating Expenses Include: Insurance, Maintenance, Services - Gardener, Services - Trash Removal
  • Gross Rent Multiplier: 12.68
  • Income Annual Gross: $54,037
  • Income Annual Rental: $55,140
  • Income Gross Scheduled: $55,140
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 2
  • Unit 1 Half Bathrooms: 0
  • Unit 1 Number of Bedrooms: 3
  • Unit 1 Rent: $2,050
Unit 2 Information
  • Unit 2 Approx Square Footage: 770
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Half Bathrooms: 0
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Rent: $1,595
Unit 3 Information
  • Unit 3 Approx Square Footage: 500
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Half Bathrooms: 0
  • Unit 3 Number of Bedrooms: 1
  • Unit 3 Rent: $950
Unit Type 1
  • Unit Type1 Approx SqFt: 1200

Property History for 7340 Tustin Road

DateEvent & SourcePriceAppreciation
Sep 26, 2016

Sold

SDMLS #ML81583922

$720,000
Sep 26, 2016

Sold

EBRD #ML81583732

$720,000
Sep 26, 2016

Sold

MLSListings #ML81583922

$720,000
DateEvent & SourcePrice
09/26/2016

Sold

SDMLS #ML81583922

$720,000
09/26/2016

Sold

EBRD #ML81583732

$720,000
09/26/2016

Sold

MLSListings #ML81583922

$720,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 7340 Tustin Road

Taxable ValueLand$355,136Additions$529,664Total$884,800
Tax Record2025$11,220 ($935 / month)
Home Facts
Baths7Total Finished SqFt2,891 SqFtAbove Grade Finished SqFt2,891 SqFtStories1Lot Size40,946 SqFtStyleMulti-Family Dwelling (2-4)Year Built1955Year Renovated1955CountyMONTEREYAPN125-521-001-000

Schools near 7340 Tustin Road

This home is within North Monterey County Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 7 to 12
Rating
School
Distance
Prunedale Elementary School
PublicK to 6

North Monterey County Middle School
Public7 to 8

North Monterey County High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 7340 Tustin Road, Salinas, CA 93907
$720,000
2,470
40,946
$525,000
3
1,540
51,401
$585,000
4
1,960
1
1
1,359
43,560
$585,000
3
1,540
43,560
$10,000
4,800
700,009

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Cottage & Castles Real Estate, April Whitehead, DRE #01268491

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.