272 Toro, Salinas, California 93905, Salinas, 93905 - 3 bed, 2 bath
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272 Toro
Salinas, California 93905
ACTIVE
CONDITION: POOR
3Beds
2Baths
1,738Sq Ft
7,405Lot Size
Property Price
LIST PRICE$799,000
EST. MARKET VALUE
$673,596
18% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $799,000—positioned well above the $673,597 Fair Market Value by -18%. Given the Fair Condition Rating and 1940 construction, the home requires significant capital expenditure to modernize core systems. However, the 7,405 sqft lot offers substantial upside for expansion or ADU development. This Value-Add Asset is best suited for Buy-and-Hold Investors or Contractors capable of executing a comprehensive renovation to capture long-term appreciation in this established Salinas neighborhood.
Estimated Market Value
$673,596
Based on Realkey algorithm analyzing recent comparable sales in Salinas.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 272 Toro Subject | $799,000* List Price | 3 | 2 | 1,738 | $388 | - |
A 85 Paloma Avenue Sold | $662,500 | 4 | 2 | 1,896 | $349 | 0.5 mi |
B 611 Argentine Drive Sold | $750,000 | 3 | 2 | 1,608 | $466 | 0.3 mi |
C 1425 E Alisal St Sold | $584,000 | 2 | 1 | 1,215 | $481 | 0.7 mi |
D 838 Caribbean Avenue Active Under Contract | $575,000 List Price | 3 | 2 | 1,599 | $360 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1940 (86 years old) with no evidence of recent renovations. The exterior shows significant stucco damage and raw patching, indicating deferred maintenance and potential structural/moisture issues. The 'sold as is' status and age suggest that the kitchen, bathrooms, and major systems (HVAC/Electric) are likely original or severely outdated, requiring a full rehab.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1738.
- Spacious Interior Layout
With 1,738 square feet of living space, this 3-bedroom home offers a generous footprint that provides more room for comfortable living compared to many older homes in the area.
- Generous Lot Size
The 7,405 square foot lot provides significant outdoor space, offering excellent potential for landscaping, outdoor entertaining, or the possible addition of an Accessory Dwelling Unit (ADU).
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7405, other record lot size in square feet = 7500.
- As-Is Condition
The property is being sold in its current condition, which typically signals that the buyer should be prepared for immediate investments in repairs or modernization.
- Vintage Infrastructure
Due to its 1940 construction, the home may require significant updates to its core systems, such as electrical, plumbing, and insulation, to meet modern building standards.
About 272 Toro
This 1738 square foot single family home has 3 bedrooms and 2.0 bathrooms. Property sold as is.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1940
- Lot Size
- 7,405 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,738 | 1,586.885 |
| Lot Size | 7,405 | 6,939.262 |
| Price | $799.0K | $809.5K |
| Price per sq ft | $460 | $527 |
| Built year | 1940 | 1973 |
| HOA | $0 | $218 |
| Days on market | 43 | 46 |
Pricing History
Listed for Sale
Jul 28, 2026
$799,000
Initial Listing
Sold
Jun 6, 2008
$150,000
Public Record
Sold
Aug 25, 2006
$580,000
Public Record
Sold
Jan 28, 2003
$245,000
Public Record