900 Terrace Way Bakersfield, CA $ 2,970,000
900 Terrace Way
$ 2,970,000
Recently Listed
Share Save

900 Terrace Way

Bakersfield, CA, 93304
$ 2,970,000
Bedrooms-- Baths18.0 Sq 15,360

Monthly Estimate*

$ 20,513

Listed by Adriana Marquez, KP Realty & Associates, adrianaisyourrealtor@gmail.com
900 Terrace Way, Bakersfield, CA 93304 - Image 1
900 Terrace Way, Bakersfield, CA 93304 - Image 2
900 Terrace Way, Bakersfield, CA 93304 - Image 3
900 Terrace Way, Bakersfield, CA 93304 - Image 4
900 Terrace Way, Bakersfield, CA 93304 - Image 5
900 Terrace Way, Bakersfield, CA 93304 - Image 6
900 Terrace Way, Bakersfield, CA 93304 - Image 7
900 Terrace Way, Bakersfield, CA 93304 - Image 8

Multi-Family Home for sale in Bakersfield, CA

for $2,970,000 with 18 full baths. This 15,360 square foot home was built in 1968 on a lot size of 1.35.

This 18-unit rental property is fully renovated, currently at full occupancy, and offers significant investment potential. Key features include: - Property Highlights: 15 out of 18 units are completely remodeled. Updates this year include a new roof and new exterior paint on all buildings. - Amenities: Income-generating laundry facility and a community pool area with potential for conversion into a playground or picnic space. - Security & Operations: Fully gated with on-site security cameras, solar night lighting, and an on-site manager to ensure seamless operations. This high-demand property presents strong potential for market value growth. Please let me know if you would like more details or wish to schedule a viewing.

See more

Multi-Family Active

Price

$ 2,970,000

Full Bath

18

Property Type

Multi-Family

Taxes

$ 28,439

Style

Lot Size

1.35

Year Built

1968

Town/City

Bakersfield

County/Region

Kern

MLS | Web ID

SB26228720

Days on Market

1

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Electricity Available Natural Gas Available Water Available
Appliances ENERGY STAR Qualified Appliances
HOA Fee 0
Garage Spaces 0
Pool Features Community
Year Built 1968
Electric 440 Volts
Tenant Pays Cable TV Electricity Gas Telephone
Stories Count 2
Levels Two Multi/Split
Property Subtype Mixed Use
Gross Income 222744
Community Features Dog Park Gutter(s) Pool
Accessibility None Parking
County Kern
Net Operating Income 132744
Operating Expense 90000
Insurance Expense 3885
New Construction false
Property Type Residential Income
HOA false
Energy Efficient Appliances
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions Near the 99 freeway
City Bakersfield
Entry Location ground level
Senior Community Y/N false
Open Parking Spaces 2
Number Of Units Total 18
MLS Area BKSF - Bakersfield
Lot Size Units Acres
Lot Size Square Feet 58806
Carport Spaces 0
Listing Terms Cash to Existing Loan Conventional Fannie Mae
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Tax Annual Amount 28439
Electric Expense 0
Fuel Expense 0
Trash Expense 350
Water Sewer Expense 700
Ok to Lease Month To Month
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Lot 7
Property Sub Type Additional Mixed Use
Expected Active Date 2026-10-22
Cap Rate 8
See more
Interior
Flooring Laminate
Fireplace Features None
Total Stories 2
Common Walls 2+ Common Walls
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Laundry Chute Common Area
Entry Level 1
See more
Exterior
Parking Features None
Lot Features 0-1 Unit/Acre
Total Parking 2
Lot Size Area 1.35
Number of Buildings 3
Spa false
Building Area Total 15360
Lot Size Acres 1.35
Private Pool false
Lot Size Source Public Records
Number of Separate Water Meters 1
Number of Separate Gas Meters 18
Number of Separate Electric Meters 18
See more
* Excluded Features
List By
Adriana Marquez

Listing Agent

Kp Realty & Associates

Broker

adrianaisyourrealtor@gmail.com

Email

Affordability Calculator

$22,883
Per Month
90%
10%
0%
Monthly Principal & Interest
$20,513
Monthly Property Taxes
$2,370
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/22/2026$2,970,000 Listed Price

Map


See all

900 Terrace Way, Bakersfield, CA, 93304 is a Multi-Family Home for sale at $2,970,000 with 15,360 sqft and a lot size of 1.35. 900 Terrace Way has 18.0 baths and was built in 1968. The property's zip code is 93304 which is in Bakersfield, CA