Bakersfield, CA 93314 12924 Merlot Drive

Sold: Apr 18, 2024
12924 Merlot Drive Bakersfield, Ca - Image 112924 Merlot Drive Bakersfield, Ca - Image 212924 Merlot Drive Bakersfield, Ca - Image 3
5 more
12924 Merlot Drive Bakersfield, Ca - Image 412924 Merlot Drive Bakersfield, Ca - Image 512924 Merlot Drive Bakersfield, Ca - Image 612924 Merlot Drive Bakersfield, Ca - Image 712924 Merlot Drive Bakersfield, Ca - Image 812924 Merlot Drive Bakersfield, Ca - Image 9
Presented By: Brad New with Vanguard Property Group; 714-928-6833
  • MLS# PW24006855
  • 01/17/2024
  • Request Tour
  • Request Info
  • FootageSQFT • 4,764
  • GarageGarage • 8

Home Details

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.
Presented By: Brad New with Vanguard Property Group; 714-928-6833

General for 12924 Merlot Drive

Additional Parcels Y/NNo
AppliancesDishwasher, Disposal, WaterHeater
Attached Garage No
Building Area UnitsSquareFeet
Buyer FinancingConventional
Carport Y/NNo
CityBakersfield
Close Price1685000.0
Community FeaturesCurbs, StreetLights, Sidewalks
Construction MaterialsStucco
CoolingCentralAir
CountyKern
Days on Market36
DirectionsThe Liberty Park 8 units are located in prime northwest Bakersfield, CA.
Electric Expense0.0
Entry Location1
Fuel Expense0.0
Garage Spaces8.0
Garage Y/NYes
Gross Income173760.0
HOA0.0
HOA / Comm AssnNo
HeatingCentral
Home Warranty Y/NNo
Insurance Expense0.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashtoNewLoan, Item1031Exchange
Lot Size Square Feet23522.0
MLS AreaBKSF - Bakersfield
MaintenanceExpense0.0
MobileHomeRemainsYNNo
Net Operating Income110183.0
New ConstructionNo
Operating Expense58365.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NYes
Property Sub Type AdditionalQuadruplex
Property SubTypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerSewerTapPaid
Special Listing ConditionsStandard
Standard StatusClosed
StatusClosed
Street NameMerlot Drive
Tax Lot13
Taxes$0
Total Units8
Trash Expense0.0
UtilitiesElectricityConnected, SewerConnected, WaterConnected
View Y/NNo
Water Sewer Expense0.0
Waterfront Y/NNo
Year Built2004
Year Built SourceAssessor

Interior for 12924 Merlot Drive

Air Conditioning Y/NYes
Basement (Y/N)No
BuyerOfficeEmailNONE@CRMLS.ORG
Common WallsItem1CommonWall
Electric On Property Y/NNo
Entry Level1
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesInside
Total Stories1

Exterior for 12924 Merlot Drive

Building Area Total4764.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem610UnitsAcre
Lot Size Acres0.54
Lot Size Area23522.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings2
Number of Separate Electric Meters8
Number of Separate Gas Meters8
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesDoorMulti, Garage, GarageDoorOpener, Paved, GarageFacesSide
Pool Charge0.0
Road Surface TypePaved
SpaNo
Total Parking8.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $1,660,000
MLS#PW24006855
List Date 01/17/2024
Property Type Multi-Family
Phone 714.964.3311
Request Tour
Request Info
Visit My Website

Similar Properties to 12924 Merlot Drive