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Sold for $860,000
  • Listed by: Vanguard Property Group • Brad New • Contact: 714-446-0100
    Bought with: KELLER WILLIAMS REALTY
    Tax assessed value
    $860,000

    2212 Cullen Ct, Bakersfield, CA 93314

    10beds
    9baths
    4,316sqft
    Quadruplex
    Built in 2004
    -- sqft lot
    $900,400 Zestimate®
    $199/sqft
    $1,525 Estimated rent

    Home value

    $900,400

    $846,000 - $963,000

    $1,525/mo

    Zestimate® history
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    What's special

    Separate gasSingle storyClose proximity to numerousGarage parkingRosedale middleLiberty high schoolElectric meters
    Price Improvement for Pride of Ownership Multifamily! The Liberty Park apartments are a Pride of Ownership, single story 4 Unit multifamily property built in 2004, and located in prime northwest Bakersfield, CA. The subject property is listed as part of a 12 Unit portfolio sale with the following properties in the same tract: 12906 Merlot Dr (4U), 12912 Merlot Dr. (4U). Sellers preference is for all 3 fourplexes to be sold together to one buying entity. The subject property is a single story, 4 unit apartment building situated on one spacious 12,575 sf lot. The subject property boasts an excellent unit mix of 2(3+2) and 2 (2+2), 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 offered at only $208 CPSF with upside to a Cap rate of 7 at market rents - they are a perfect fit for an investor looking for long term growth with a pride of ownership income property asset.

    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:

    JUSTIN CHU, DRE #01900624

    KELLER WILLIAMS REALTY

    Source: CRMLS,MLS#: PW24007140MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 9
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Laundry: Inside, In Garage
    Features
    • Has fireplace: Yes
    • Fireplace features: Family Room, Gas
    • Common walls with other units/homes: 1 Common Wall,No One Above
    Interior area
    • Total structure area: 4,316
    • Total interior livable area: 4,316 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Concrete, Door-Multi, Driveway, Garage, Garage Door Opener, Paved, Garage Faces Side
    • Garage spaces: 8
    Features
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 0.29 Acres
    • Features: 2-5 Units/Acre
    Details
    • Parcel number: 49533003
    • Special conditions: Standard

    Construction

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

    Utilities & green energy

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

    Community & HOA

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

    Financial & listing details

    • Price per square foot: $199/sqft
    • Tax assessed value: $860,000
    • Annual tax amount: $12,032
    • Date on market: 1/19/2024
    • Cumulative days on market: 49 days
    • Listing terms: Cash to New Loan,Conventional,1031 Exchange
    • Tenant pays: Electricity, Gas
    • Road surface type: Paved

    Price history

    DateEventPrice
    5/1/2024Sold$860,000-4.4%$199/sqft
    Source: CRMLS #PW24007140 Report a problem
    3/9/2024Pending sale$900,000$209/sqft
    Source: CRMLS #PW24007140 Report a problem
    2/15/2024Price change$900,000-9.9%$209/sqft
    Source: CRMLS #PW24007140 Report a problem
    1/19/2024Listed for sale$999,000$231/sqft
    Source: CRMLS #PW24007140 Report a problem
    4/16/2020Listing removed$1,250
    Source: M. D. Atkinson Company, Inc. Report a problem
    4/15/2020Listed for rent$1,250
    Source: M. D. Atkinson Company, Inc. Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$12,032 +27.1%$860,000 +37.1%
    2024$9,463 +2.4%$627,246 +2%
    2023$9,239 +2.3%$614,948 +2%
    2022$9,033 $602,891 +2%
    2021-- $591,070 +1%
    2020$8,511 +1.6%$585,010
    2019$8,375 +2.3%$585,010 +4%
    2018$8,190 +1.4%$562,295 +2%
    2017$8,077 +5.9%$551,271 +2.1%
    2016$7,626 +10.4%$540,000 +13.7%
    2015$6,907 -2.5%$475,000 -4.3%
    2014$7,085 $496,500 +5.6%
    2013-- $470,000 +8.8%
    2012$6,412 +0.4%$432,000
    2011$6,386 +5.4%$432,000 +6.4%
    2010$6,056 -5.7%$406,000 -7.5%
    2009$6,420 -5.6%$439,000 -9.9%
    2008$6,803 +4.4%$487,093 +2%
    2007$6,517 +2.9%$477,543 +2%
    2006$6,333 +2.1%$468,180 +2%
    2005$6,203 +116.7%$459,000 +159.2%
    2004$2,863 $177,113
    Find assessor info on the county website

    Neighborhood: Masterpiece Estates

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $900,400
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $900,400