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Active
    • $475,000

    1724 Terrace Way, Bakersfield, CA 93304

    5beds
    3baths
    1,635sqft
    : 
    $3,196/mo
    Get pre-qualified
    Single Family Residence
    Built in 1948
    -- sqft lot
    $-- Zestimate®
    $291/sqft
    $-- HOA

    What's special

    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.
    75 days
    |
    148
    |
    2
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Miguel A. Hernandez DRE #01904653 661-778-9135 miguel@diamondrealtygroup.net,

    Diamond Realty Group

    Source: Bakersfield AOR,MLS#: 202606260MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      Heating
      • Central
      Cooling
      • Central Air
      Features
      • Number of fireplaces: 1
      Interior area
      • Total structure area: 1,635
      • Total interior livable area: 1,635 sqft

      Property

      Parking
      • Parking features: Open
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 1
      • Pool features: None
      Details
      • Parcel number: 14731008
      • Zoning: R2
      • Zoning description: R2
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Condition
      • Year built: 1948

      Utilities & green energy

      • Electric: Other Solar

      Community & HOA

      Community
      • Subdivision: Mount Diablo Base & Meridian
      Location
      • Region: Bakersfield

      Financial & listing details

      • Price per square foot: $291/sqft
      • Tax assessed value: $338,947
      • Date on market: 6/12/2026
      • Cumulative days on market: 75 days

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/12/2026Listed for sale$475,000-3.7%$291/sqft
        Source: Bakersfield AOR #202606260 Report a problem
        4/9/2026Listing removed$493,000$302/sqft
        Source: Bakersfield AOR #202512309 Report a problem
        3/29/2026Listing removed$2,150$1/sqft
        Source: Zillow Rentals Report a problem
        3/10/2026Listed for rent$2,150+7.6%$1/sqft
        Source: Zillow Rentals Report a problem
        11/3/2025Listed for sale$493,000+93.3%$302/sqft
        Source: Bakersfield AOR #202512309 Report a problem
        9/20/2025Listing removed$1,999$1/sqft
        Source: Zillow Rentals Report a problem
        9/14/2025Price change$1,999-4.8%$1/sqft
        Source: Zillow Rentals Report a problem
        8/22/2025Listed for rent$2,100+82.6%$1/sqft
        Source: Zillow Rentals Report a problem
        11/29/2022Sold$255,000-3.7%$156/sqft
        Source: Bakersfield AOR #202211052 Report a problem
        10/14/2022Pending sale$264,900$162/sqft
        Source: Bakersfield AOR #202211052 Report a problem
        10/6/2022Listed for sale$264,900+59.6%$162/sqft
        Source: Bakersfield AOR #202211052 Report a problem
        6/20/2018Sold$166,000+0.6%$102/sqft
        Source: Bakersfield AOR #21712498 Report a problem
        2/28/2018Listing removed$165,000+3.1%$101/sqft
        Source: Metropolitan Real Estate #21712498 Report a problem
        11/10/2016Listing removed$1,150+9.5%$1/sqft
        Source: Landstone Management, Inc Report a problem
        10/6/2015Listing removed$1,050$1/sqft
        Source: Landstone Management, Inc. Report a problem
        10/5/2015Price change$1,050-8.7%$1/sqft
        Source: Landstone Management, Inc. Report a problem
        9/21/2015Listed for rent$1,150$1/sqft
        Source: Zillow Rental Network Report a problem
        9/21/2015Listing removed$159,990$98/sqft
        Source: Landstone Realty Advisors, Inc #21507855 Report a problem
        9/12/2015Price change$159,990-5.9%$98/sqft
        Source: Landstone Realty Advisors, Inc #21507855 Report a problem
        9/2/2015Price change$169,990-2.6%$104/sqft
        Source: Landstone Realty Advisors, Inc #21507855 Report a problem
        8/5/2015Price change$174,500-2.5%$107/sqft
        Source: Landstone Realty Advisors, Inc #21507855 Report a problem
        7/23/2015Price change$179,000-5.8%$109/sqft
        Source: Landstone Realty Advisors, Inc #21507855 Report a problem
        7/11/2015Listed for sale$189,990+53.2%$116/sqft
        Source: Landstone Realty Advisors, Inc #21507855 Report a problem
        12/3/2014Sold$124,000-17.3%$76/sqft
        Source: Bakersfield AOR #21409613 Report a problem
        9/27/2014Price change$149,900-16.7%$92/sqft
        Source: Watson Realty ERA #21409613 Report a problem
        9/6/2014Listed for sale$179,900$110/sqft
        Source: Watson Realty ERA #21409613 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026-- $338,947 +2%
        2025$4,826 +28.4%$332,302 +27.8%
        2024$3,759 +8.6%$260,100 +2%
        2023$3,460 +36.3%$255,000 +43.3%
        2022$2,538 $177,983 +2%
        2021-- $174,494 +1%
        2020$2,395 +2.2%$172,706
        2019$2,343 +30.4%$172,706 +37.8%
        2018$1,796 +0.7%$125,311 +2%
        2017$1,784 +9.6%$122,856 +2%
        2016$1,627 +20.4%$120,448 +26.8%
        2015$1,352 -3.1%$95,000 -5.9%
        2014$1,395 $101,000 +9.8%
        2013-- $92,000 +58.6%
        2012$947 -1.2%$58,000
        2011$959 +47.7%$58,000 +77.6%
        2010$650 +14.1%$32,659 -0.2%
        2009$569 +3.1%$32,738 +2%
        2008$552 +2.8%$32,097 +2%
        2007$537 +4.9%$31,468 +2%
        2006$512 +2.6%$30,852 +2%
        2005$499 +0.9%$30,248
        2004$495 +6.5%$30,248 +1.9%
        2003$465 $29,696 +4%
        2002$465 +3.4%$28,544 +2%
        2001$449 $27,986
        2000-- $27,986
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: Benton Park

        Getting around

        71 / 100
        Very Walkable
        33 / 100
        Some Transit
        46 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Evergreen
        • Middle: Curran
        • High: West

        Source: Bakersfield AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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