Excellent investment opportunity in Southwest Bakersfield! 3415 Terrace Way is a 9-unit apartment complex built in 1972, featuring all 1-bedroom/1-bath units totaling approximately 4,272 sq. ft. and situated on a quiet cul-de-sac served by septic systems. Current rents range from $528 to $900, generating a gross scheduled income of $75,960 per year, with significant upside potential as rents are well below market. Offered at $810,000 (just $90,000 per unit), this property provides an attractive value-add opportunity in an established Bakersfield rental market.
Active
$810,000
3415 Terrace Way, Bakersfield, CA 93309
--beds
--baths
4,272sqft
Est.:
Multi Family
Built in 1972
-- sqft lot
$-- Zestimate®
$190/sqft
$-- HOA
What's special
Quiet cul-de-sac
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