3408 TERRACE WAY, Bakersfield, CA 93309

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3408 TERRACE WAY,Bakersfield, CA 93309
$1,250,000
  • - Beds
  • - Baths
  • 3,084 sq. ft.
  • Multi-family
  • Pending
Listed by:marc thurston
Office:asu commercial
MLS#:202505865
Source:BF

Price summary

  • Price:$1,250,000
  • Price per sq. ft.:$405.32

About this home

Presenting a rare investment opportunity in Southwest Bakersfield: 3408-3416 Terrace Way, a 10-unit multifamily property offered at $1,250,000. This well-maintained asset consists of five duplexes situated on three contiguous lots, built in 1965 and featuring individual garages and a shared swimming pool. The property was recently color coated and painted in 2024, and three of the roofs have been replaced within the last five years, enhancing curb appeal and long-term durability. With current rents ranging from $895 to $1,300, there is immediate income potential and room for growth. Conveniently located west of Highway 99, this property offers cash flow in a desirable Bakersfield submarket.

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Home facts

  • Year built:1965
  • Listing Id #:202505865
  • Added:84 day(s) ago
  • Updated:August 16, 2025 at 07:12 AM

Rooms and interior

  • Living area:3,084 sq. ft.

Heating and cooling

  • Cooling:Central A/C
  • Heating:Central

Structure and exterior

  • Year built:1965
  • Building area:3,084 sq. ft.
  • Lot area:0.25 Acres

Schools

  • High school:West
  • Middle school:Curran
  • Elementary school:Munsey, Millie

Finances and disclosures

  • Price:$1,250,000
  • Price per sq. ft.:$405.32
“nformationdeemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.

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