900 Terrace Way, Bakersfield, CA 93304

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Beds

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Baths

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Sq ft

About this home

This 18-unit rental property is fully renovated, currently at full occupancy, and offers significant investment potential. Key features include: - Property Highlights: 15 out of 18 units are completely remodeled. Updates this year include a new roof and new exterior paint on all buildings. - Amenities: Income-generating laundry facility and a community pool area with potential for conversion into a playground or picnic space. - Security & Operations: Fully gated with on-site security cameras, solar night lighting, and an on-site manager to ensure seamless operations. This high-demand property presents strong potential for market value growth. Please let me know if you would like more details or wish to schedule a viewing.

Type

Commercial/Residential

Year built

1968

Lot

58,806 sq ft (1.35 ac)

Garage

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HOA

None

Pool

View

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Solar

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Estimated payment

$18,730/mo

Principal & interest$15,018
Property tax (est.)$2,846
Home insurance (est.)$866

Down payment: 20% ($594,000)Interest rate %

Example only, not a loan offer. Rate is a placeholder; ask a lender for today's. Taxes vary by neighborhood (Mello-Roos).

Listing provided courtesy of Adriana Marquez, KP Realty & Associates, 562-774-8766. MLS# SB26228720. Based on information from California Regional Multiple Listing Service, Inc. as of November 1, 2026 at 10:09 AM Pacific. Information is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use to identify prospective properties they may be interested in purchasing. Coldwell Banker Associated Brokers Realty, CA DRE #00939614.