$900,000
12906 Merlot Drive, Bakersfield 93314
10
Beds
8
Baths
11,326
Lot Size
4
# Of Units
Listing Agent
Brad New - Vanguard Property GroupPrice 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: 12912 Merlot Dr.(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 11,313 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.
Facts & Features
| MLS® # | PW24006876 |
|---|---|
| Price | $900,000 |
| Bedrooms | 10 |
| Bathrooms | 8.00 |
| Lot Size | 11,326 |
| Year Built | 2004 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Pending |
| # Of Units | 4 |
Community Information
| Address | 12906 Merlot Drive |
|---|---|
| Area | BKSF - Bakersfield |
| City | Bakersfield |
| County | Kern |
| Zip Code | 93314 |
Amenities
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Parking Spaces | 8 |
| Parking | Concrete, Door-Multi, Driveway, Garage, Garage Door Opener, Paved, Garage Faces Side |
| # of Garages | 8 |
| Garages | Concrete, Door-Multi, Driveway, Garage, Garage Door Opener, Paved, Garage Faces Side |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Heating | Central, Forced Air |
|---|---|
| Cooling | Central Air |
| Has Basement | No |
| Fireplace | Yes |
| Fireplaces | Family Room, Gas |
| # of Stories | 2 |
| Stories | One |
Exterior
| Exterior | Stucco |
|---|---|
| Lot Description | 2-5 Units/Acre |
| Construction | Stucco |
Additional Information
| Date Listed | January 18th, 2024 |
|---|---|
| Days on Market | 50 |
| Zoning | R-2 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Brad New |
|---|---|
| Office | Vanguard Property Group |