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$493,000

  • For Sale
  • Active
  • Multi-Family
  • Updated 7 days ago
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Welcome to 1724 Terrace Way - a beautifully updated investment opportunity! This property has been thoughtfully refreshed, offering modern appeal and strong rental performance. The main home features recent updates throughout, providing comfort and style for tenants or future homeowners. Adding tremendous value, a newly constructed ADU built in 2023 offers 2 bedrooms and 1 bath, designed with a contemporary layout and efficient finishes. Both units are fully occupied and rented at market value, making this a turnkey investment. Conveniently located near schools, shopping, and major commuting routes, this property is ideal for investors seeking cash flow and long-term appreciation. Modern. Profitable. Ready to perform 1724 Terrace Way checks all the boxes.

Full Property Details for 1724 Terrace

General

  • Price: $493,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: NS26005107
  • Updated: 1/9/2026
  • Days on Market: 8 days
  • Added to Site: 8 day(s) ago

Interior

  • Rooms/Areas: All Bedrooms Down

Rooms

Other Rooms

  • Laundry: Inside

Additional Information

  • Pool Description: None

Parking

  • Parking Features: None
  • Parking: None

Location

  • Area: BKSF - Bakersfield
  • County: Kern
  • Development Name: BKSF - Bakersfield
  • Driving Directions: From HWY 58 exit on S Chester Ave south bound.

Heating & Cooling

  • Cooling Type: Central Air

Utilities

  • Sewer: Conventional Septic
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 2
  • # Electric Meters: 2

Structural Information

  • Entry Location: front
  • Stories/Levels: One
  • Stories Description: One
  • Square Feet: 2,385
  • Year Built: 1948

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 3

Unit 2

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.1701
  • Lot Size (Sq. Ft.): 7,411
  • Lot Size Source: Assessor
  • Lot Description: 2-5 Units/Acre

Financial Considerations

  • Price Per Sq. Ft.: $206.71
  • Price Per Unit: 246500

Listed by D Best Realty Inc, Ernesto Osuna

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Listing agent

— 1724 Terrace —

  • Ernesto Osuna

    D Best Realty Inc

661-606-4259

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Price & Sales History for 1724 Terrace Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/08/2026
Listed
$493,000
93.33%
MLS
10/28/2022
Sold
$255,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1724 Terrace

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,826
31%
$332,302
28%
2023
$3,684
—
$260,100
2%
2023
$3,684
45%
$255,000
43%
2022
$2,538
4%
$177,983
2%
2021
$2,432
2%
$174,494
1%
2020
$2,395
2%
$172,706
2%
2019
$2,343
30%
$169,320
35%
2018
$1,796
1%
$125,311
2%
2017
$1,784
10%
$122,856
2%
2016
$1,627
20%
$120,448
27%
2015
$1,352
-3%
$95,000
-6%
2014
$1,395
6%
$101,000
10%
2013
$1,319
—
$92,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 1724 Terrace

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by D Best Realty Inc, Ernesto Osuna

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1724 Terrace, Bakersfield, CA 93304 (MLS# NS26005107) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 1724 Terrace is currently listed for $493,000 and was received on January 08, 2026. Want to learn more about 1724 Terrace? Do you have questions about finding other Multi-Family real estate for sale in Bakersfield? You can browse all Bakersfield real estate or contact a Coldwell Banker agent to request more information.

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