12912 Merlot Drive
Bakersfield, CA 93314
- – beds
- – baths
- – sqft
- 10,890 sqft lot
- 2004 build
- – on site
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Price Improvement! The Liberty Park apartments are a Pride of Ownership 4 Unit multifamily community built in 2004, and located in prime northwest Bakersfield, CA. The subject property is listed as part of a 12 U (3-legal 4plxs) portfolio sale with the following properties in the same tract: 12906 Merlot Dr. (adjacent 4U) and 2212 Cullen Ct. (4U). Sellers prefers to sell all 3 4plxs to the same buying entity. The subject property is a 4 unit apartment building situated on one spacious 11,000 sf lot. The subject property boasts an excellent unit mix of 2 (3+2) townhomes and 2 (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 offered at only $189 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.
Listed By CRMLS_CA / Brad New / Vanguard Property Group / 714-928-6833
Last checked:
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Last updated May 1, 2024
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MLS# PW24007139 —
The Building
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Year Built:2004
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Year Built Source:Assessor
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New Construction:No
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Construction Materials:Stucco
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Building Area Total:4764.00
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Building Area Units:Square Feet
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Total Number Of Units:4
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# of Buildings:1
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Stories Total:1
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Entry Level:1
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Common Walls:1 Common Wall, No One Above
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# of Separate Gas Meters:4
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# of Separate Water Meters:1
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# of Separate Electric Meters:4
Interior
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Levels:Two
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Entry Location:1
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Fireplace:Yes
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Fireplace:Family Room, Gas
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Laundry:In Garage, Inside
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Laundry:1
Location
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Directions:The Liberty Park apartments are located in prime northwest Bakersfield, CA.
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Latitude:35.38119600
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Longitude:-119.14626800
The Property
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Property Type:Residential Income
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Subtype:Quadruplex
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Zoning:R-2
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Lot Features:2-5 Units/Acre, Lot 10000-19999 Sqft
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Lot Size Area:10890.0000
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Lot Size Acres:0.2500
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Lot Size SqFt:10890.00
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Lot Size Source:Assessor
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Road Surface Type:Paved
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:38.19
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Tax Tract:6108
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Tax Lot:11
The Listing
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Special Listing Conditions:Standard
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Parcel Number:49533013002
Heating & Cooling
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Heating:1
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Heating:Central
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Cooling:Yes
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Cooling:Central Air
Utilities
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Sewer:Public Sewer, Sewer Paid
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Water Source:Public
The Community
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Features:Curbs, Sidewalks
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Pool:None
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Senior Community:No
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Private Pool:No
Parking
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Parking:Yes
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Parking:Driveway, Concrete, Paved, Garage Faces Side, Garage - Two Door, Garage Door Opener
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Parking Spaces:8.00
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Garage Spaces:8.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/9/24
Mar 9, 2024
|
BRIDGE | $900,000 | -9.9% | |
1/20/24
Jan 20, 2024
|
BRIDGE | $999,000 | ||
1/19/24
Jan 19, 2024
|
Listed / Active | CRMLS_CA | $999,000 |