1724 Terrace Way
Bakersfield, CA 93304
5
Bed
3
Bath
6,969Sqft(Lot)
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.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Building Information
Year Built: 1948Building Area Total: 2385Pool Features: NonePrivate Pool: No
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Lot Information
Main Square Feet: 6969 Lot Size Acres: 0.16 Lot Size Source: Assessor Lot Size Square Feet: 6,969 Lot Description: FrontYard
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Listing Price Information
Listing Price: $465000Original Price: $475000Cash, Conventional, Exchange1031, FHA, FannieMae, FreddieMac
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Tax Information
Parcel Number: 14731008 Tax Lot: 1
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Parking Information
Parking Total: 2Garage Information
Has Garage: Yes Garage Space: 2
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Location Information
Direction: google maps WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 241 L Street, Bakersfield, CA, 93304 | $350,000 | 5 | 2 | -- | 9,287 Sq. Ft |
| 208 Brink Dr, Bakersfield, CA, 93304 | $540,000 | 4 | 4 | -- | 10,454 Sq. Ft |
| 2403 S I, Bakersfield, CA, 93304 | $329,900 | 3 | 2 | 1,000 | 14,810 Sq. Ft |
| 2403 S I, Bakersfield, CA, 93304 | $334,900 | 3 | 2 | -- | 14,810 Sq. Ft |
| 2712 Morin Court, Bakersfield, CA, 93304 | $699,000 | 4 | 3 | -- | 8,276 Sq. Ft |
| 2801 Morin Court, Bakersfield, CA, 93304 | $695,000 | 8 | 6 | -- | 8,079 Sq. Ft |
Similar Multifamily To 1724 Terrace Way
Nearby For Sale
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ByOwner last updated this listing 09/28/2026 @ 14:41
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