1724 Terrace Way Bakersfield, CA $ 475,000
1724 Terrace Way
$ 475,000
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1724 Terrace Way

Bakersfield, CA, 93304
$ 475,000
Baths1.0 Sq 2,385

Monthly Estimate*

$ 2,925

Listed by Open Door Real Estate
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Studio

Multi-Family Home for sale in Bakersfield, CA

for $475,000 with 1 full bath. This 2,385 square foot home was built in 1948 on a lot size of 0.16.

Fantastic income-producing property featuring two separate units with reliable tenants already in place. The front home offers 3 bedrooms and 2 bathrooms, providing a spacious and comfortable layout for long-term occupancy. The back unit has been newly remodeled and features 2 bedrooms and 1 bathroom, and aproximatly 750sq feet showcasing updated finishes and modern appeal. Both units are currently occupied by good tenants, making this an excellent turnkey investment with immediate cash flow. Conveniently located and well-maintained, this property offers a great opportunity for investors looking to expand their portfolio or owner-occupants seeking supplemental rental income.

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Multi-Family Active

Price

$ 475,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.16

Year Built

1948

Town/City

Bakersfield

County/Region

Kern

MLS | Web ID

NS26128651

Days on Market

2

Features
General
Sewer Septic Type Unknown
Garage Spaces 2
Pool Features None
Year Built 1948
Property Subtype Duplex
Gross Income 40800
Community Features Sidewalks
County Kern
Net Operating Income 33974
Operating Expense 6826
Insurance Expense 2000
New Construction false
Property Type Residential Income
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions google maps
City Bakersfield
Entry Location 2
Senior Community Y/N false
Number Of Units Total 3
MLS Area BKSF - Bakersfield
Lot Size Units Square Feet
Lot Size Square Feet 6969
Listing Terms Cash Conventional 1031 Exchange FHA Fannie Mae Freddie Mac
Property Attached Y/N false
Land Lease Y/N false
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Lot 1
Property Sub Type Additional Duplex
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Interior
Total Stories 1
Common Walls No Common Walls
Laundry Features Inside
Entry Level 1
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Exterior
Lot Features Front Yard
Water Source Public
Total Parking 2
Lot Size Area 6969
Number of Buildings 1
Building Area Total 2385
Lot Size Acres 0.16
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 2
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
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* Excluded Features
List By
Open Door Real Estate

Broker

miguel@teamhernandez1.com

Email

Affordability Calculator

$2,925
Per Month
100%
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Monthly Principal & Interest
$2,925
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/13/2026$475,000 Listed Price

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1724 Terrace Way, Bakersfield, CA, 93304 is a Multi-Family Home for sale at $475,000 with 2,385 sqft and a lot size of 0.16. 1724 Terrace Way is a studio with 1.0 baths and was built in 1948. The property's zip code is 93304 which is in Bakersfield, CA