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Sold for $1,685,000
  • Listed by: Vanguard Property Group • Brad New • Contact: 714-446-0100
    Bought with: NONMEMBER MRML
    $1,685,000

    12924 Merlot Dr, Bakersfield, CA 93314

    20beds
    15baths
    4,764sqft
    Quadruplex
    Built in 2004
    -- sqft lot
    $1,402,500 Zestimate®
    $354/sqft
    $2,197 Estimated rent

    Home value

    $1,402,500

    $1.23M - $1.58M

    $2,197/mo

    Zestimate® history
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    What's special

    Separate gasDryer hookupsGarage parking
    The Liberty Park apartments are a Pride of Ownership 8 Unit multifamily community built in 2004, and located in prime northwest Bakersfield, CA. The subject property is listed as part of a portfolio sale with the following fourplexes in the same tract: 12912 Merlot Dr (4U), 12906 Merlot Dr.(4U) which are three adjacent parcels with the subject property; and 2212 Cullen Ct. (4U), located in the same tract near the cul-de-sac. To be sold together or separately. The subject property is a legal 8 Unit apartment building consisting of two 4plex structures situated on one spacious 23,000 sf lot. The subject property boasts an excellent unit mix of 4(3+2) townhomes and 4(2+2) townhome units, with numerous tenant amenities including: garage parking, central AC/HT, in unit washer & dryer hookups, patios, separate gas & electric meters and hot water heaters for each unit. The Liberty Park apartments are ideally located in the award winning Rosedale Union School District (Liberty High School, Rosedale Middle, Independence Elementary), and in very close proximity to numerous, vibrant surrounding retail, restaurant, and entertainment venues. The Liberty Park apartments are a perfect fit for an investor looking for immaculate, pride of ownership property location and condition.

    Zillow last checked:

    Listing updated:

    Listed by:

    Brad New DRE #01347742 714-928-6833,

    Vanguard Property Group,

    Ed Diaz DRE #01022469 714-446-0100,

    Vanguard Property Group

    Bought with:

    NONMEMBER NONMEMBER, DRE #02144352

    NONMEMBER MRML

    Source: CRMLS,MLS#: PW24006855MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 20
    • Bathrooms: 15
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Water Heater
    • Laundry: Inside
    Features
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 4,764
    • Total interior livable area: 4,764 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Door-Multi, Garage, Garage Door Opener, Paved, Garage Faces Side
    • Garage spaces: 8
    Features
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 0.54 Acres
    • Features: 6-10 Units/Acre
    Details
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Materials
    • Stucco
    Condition
    • New construction: No
    • Year built: 2004

    Utilities & green energy

    • Sewer: Sewer Tap Paid
    • Water: Public
    • Utilities for property: Electricity Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Curbs, Street Lights, Sidewalks
    Location
    • Region: Bakersfield

    Financial & listing details

    • Price per square foot: $354/sqft
    • Date on market: 1/17/2024
    • Cumulative days on market: 36 days
    • Listing terms: Cash,Cash to New Loan,1031 Exchange
    • Road surface type: Paved

    Price history

    DateEventPrice
    4/18/2024Sold$1,685,000+1.5%$354/sqft
    Source: CRMLS #PW24006855 Report a problem
    2/28/2024Pending sale$1,660,000$348/sqft
    Source: CRMLS #PW24006855 Report a problem
    1/17/2024Listed for sale$1,660,000$348/sqft
    Source: CRMLS #PW24006855 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Masterpiece Estates

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,402,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,402,500