Last Sold Price
2,470 sqft$291/sqft
7340 Tustin Rd, Salinas, CA 93907

  1. Listed by April Whitehead • DRE #01268491 • Brokerage DRE #01268491 • Cottage & Castles Real Estate • 831-262-7132

Property Details for 7340 Tustin Road

Status
MLS #
ML81583922
Days on Compass
13
Taxes
$6,500 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
RESIDENTIAL INCOME
Year Built
1955
Lot Size
0.94 AC / 40,946 SF
MLS City Name
SALINAS
Building Type
TRIPLEX
Garage Spaces
2
Parking Spaces
10
Cross Street
Moro

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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Building Information for 7340 Tustin Road

Stories1Residences3Year Built1955Building Size-Lot Size0.94 AC / 40,946 SF

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Principal and Interest

$3,660

Property Taxes

$542

HOA Dues

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Property Information for 7340 Tustin Road

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

MLSListings #ML81583732

$720,000
Sep 26, 2016

Sold

EBRD #ML81583922

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

Sold

SDMLS #ML81583922

$720,000
09/26/2016

Sold

MLSListings #ML81583732

$720,000
09/26/2016

Sold

EBRD #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$348,173Additions$519,279Total$867,452
Tax Record2025$11,220 ($935 / month)
Home Facts
Beds3Baths4Total Finished SqFt1,180 SqFtAbove Grade Finished SqFt1,180 SqFtStories1Lot Size40,946 SqFtStyleSingle Family ResidenceYear Built1955CountyMONTEREYAPN125-521-001-000Fireplace TypeHas Fireplace

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.