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Remodeled Duplex
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1724 Terrace Way, Bakersfield, CA 93304

Two occupied residences include a three-bedroom front home and a recently updated rear unit.

Property SizeContact for details
Days on Market80

Property Features for 1724 Terrace Way

General Information

Standard status Active
Property subtype Multifamily
Zoning Public Rec

Units

Unit Mix 3BR/2BA, 2BR/1BA
Multifamily Units 2

Building Details

Buildings 1
Units 3
Tenancy Multi
Listing Agency: Diamond Realty Group
Listed By: Miguel A. Hernandez · License #CA 01904653
Source: Crexi
Added: Jun 13 Changed: Aug 30 Last Checked: Aug 30 at 3:25PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Diamond Realty Group

Investment Insights

Based on property information with market context.

This duplex contains two separate residential units with distinct layouts. The front residence offers three bedrooms and two bathrooms. At the rear, a newly remodeled two-bedroom, one-bathroom unit provides approximately 750 square feet with updated finishes.

Both residences are occupied, allowing a buyer to acquire an operating two-unit property rather than a vacant asset. The property is located at 1724 Terrace Way in Bakersfield, California, and carries Public Rec zoning.

Key Highlights

  • Two separate residential units
  • Front residence has 3 bedrooms and 2 bathrooms
  • Remodeled rear unit includes 2 bedrooms and 1 bathroom

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Electrical Service Parking Lot & Garage (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Storage Facility Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

703
Businesses Nearby

Demographics for 93304, CA

50,837
Population
16,380
Households
3.1
Avg Household Size
31
Median Age
11%
College-Educated
71%
High-School Grad
7.5 sq mi
ZIP Area
6,778
Density / Sq Mi
$51,627
Median Household Income
$31,562
Median Earnings
$1,141
Median Rent
$228,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two occupied residences include a three-bedroom front home and a recently updated rear unit.
Where is this duplex located?
The property is located at 1724 Terrace Way Bakersfield, CA.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Two separate residential units; Front residence has 3 bedrooms and 2 bathrooms; Remodeled rear unit includes 2 bedrooms and 1 bathroom
(661) 778-9135 Call to check price and availability
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