12924 Merlot Drive, Bakersfield, CA 93314
$1,685,000
$1,660,000
1.5%
Est.Price: ?

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0.54 Acres Lot

12924 Merlot Drive Bakersfield, CA 93314

Est. payment /mo
SOLD DATE : 04/18/2024

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Key Details

Sold Price $1,685,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW24006855

Sold Date 04/18/24

HOA Y/N No

Year Built 2004

Lot Size 0.540 Acres

Property Sub-Type Quadruplex

Property Description

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.

Location

State CA

County Kern

Area Bksf - Bakersfield

Interior

Heating Central

Cooling Central Air

Fireplace No

Appliance Dishwasher, Disposal, Water Heater

Laundry Inside

Exterior

Parking Features Door-Multi, Garage, Garage Door Opener, Paved, Garage Faces Side

Garage Spaces 8.0

Garage Description 8.0

Pool None

Community Features Curbs, Street Lights, Sidewalks

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Total Parking Spaces 8

Private Pool No

Building

Lot Description 6-10 Units/Acre

Story 1

Sewer Sewer Tap Paid

Water Public

New Construction No

Others

Senior Community No

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Financing Conventional

Special Listing Condition Standard

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Listed by Brad New Vanguard Property Group 714-928-6833, DRE #01347742
Bought with NONMEMBER NONMEMBER NONMEMBER MRML
Jessica Lam

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