$1,598,000
●
House -
For Sale
23016 Espada
Salinas, CA 93908
4 Beds
3 Baths
2,450 Ft²
$7,847
Est. Monthly
About This Property
Welcome to your own private oasis in the heart of Toro Park ! This
is a stunning four bedroom three bathroom , 2450sqft property
Built-in Bose surround sound great for hosting and entertaining or just relaxing watching your favorite movie like being in a theater! Real hardwood flooring throughout
This property boasts an in ground pool with custom built electric cover , new heater , LED lighting and a luxurious hot tub, perfect for relaxing after a long day. Step outside to the beautifully lighted landscaped front and backyard, complete with an outdoor shower for a refreshing rinse after a swim. The perfect setup for entertaining of all occasions !
But the amenities don't stop there! This home also features a back access gate to stroller path, park and the Fort Ord Monument National Park, offering endless opportunities for hiking, biking and horseback riding on the nearby trails. Just imagine the adventures that await right in your own property ! Located just blocks from the coveted Toro Park Elementary School. This home is perfect for families looking for convenience and outdoor recreation and to live in the "sunbelt" of Monterey county . Don't miss your chance to own this unique property that offers the best of both worlds – a peaceful retreat and easy access to all the amenities of coastal living! This meticulously maintained TurnKey property is Move in ready !
Built-in Bose surround sound great for hosting and entertaining or just relaxing watching your favorite movie like being in a theater! Real hardwood flooring throughout
This property boasts an in ground pool with custom built electric cover , new heater , LED lighting and a luxurious hot tub, perfect for relaxing after a long day. Step outside to the beautifully lighted landscaped front and backyard, complete with an outdoor shower for a refreshing rinse after a swim. The perfect setup for entertaining of all occasions !
But the amenities don't stop there! This home also features a back access gate to stroller path, park and the Fort Ord Monument National Park, offering endless opportunities for hiking, biking and horseback riding on the nearby trails. Just imagine the adventures that await right in your own property ! Located just blocks from the coveted Toro Park Elementary School. This home is perfect for families looking for convenience and outdoor recreation and to live in the "sunbelt" of Monterey county . Don't miss your chance to own this unique property that offers the best of both worlds – a peaceful retreat and easy access to all the amenities of coastal living! This meticulously maintained TurnKey property is Move in ready !
Unit Size
2,450 Ft²
Days on Market
5 days
Land Size
0.20 acres
Price per sqft
$652
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1974
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 days ago (CRMLS #SW26209175)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 24, 2026 | Listed by Listed Simply | $1,598,000 | |
| Listed by Listed Simply | |||
Property Highlights
Garage
Fireplace
With View
Parking Details
Has Garage
Attached Garage
Parking Features: Guest
Garage Spaces: 2
Interior Details
Full Bathrooms: 3
Interior Features: Built-in Features, Ceiling Fan(s), Open Floorplan, Pantry, Recessed Lighting, Storage, Wired for Sound, Walk-In Closet(s), PullDownAtticStairs, SolidSurfaceCounters, Attic, BedroomOnMainLevel
Appliances: Built-In Range, Dishwasher, Electric Range, Gas Cooktop, Disposal, Gas Oven, Gas Range, Gas Water Heater, Vented Exhaust Fan, HighEfficiencyWaterHeater
Flooring Type: Tile, Wood
Door Features: Sliding Doors
Laundry Features: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room
Has Fireplace
Fireplace Features: Blower Fan, Electric, Family Room, Gas
Exterior Details
Square Footage: 2450
Square Footage Source: $0
Security Features: Prewired, Smoke Detector(s), Security Lights, FireDetectionSystem
Architectural Style: Contemporary
Year Built Source: Public Records
Year Built: 1974
Levels: Two
Other Structures: Storage
Window Features: Double Pane Windows, Screens, Wood Frames
Construction Materials: Stucco, Wood Siding
Patio and Porch Features: Concrete, Stone
Pool Features: Gas Heat, Heated, In Ground, Pool Cover, Private, Pebble, Permits
Pool is Private
Lot Features: Back Yard, Front Yard, Sprinklers In Rear, Sprinklers In Front, Landscaped, ZeroToOneUnitAcre, DripIrrigationBubblers, Lawn, SprinklersTimer, SprinklerSystem, Yard
Lot Size Area: 8808
Lot Size Units: Square Feet
Lot Size Acres: 0.2022
Lot Size Square Feet: 8808
Tax Lot: 4
Water Source: Public
Utilities Details
Cooling Type: None
Heating Type: Central, Fireplace(s)
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Monterey
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Listed by: Sinan Zakaria, Listed Simply
Last Updated: 3 days ago
Data Source: CRMLS, MLS# SW26209175
Last Updated: 3 days ago
Data Source: CRMLS, MLS# SW26209175
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