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12924 Merlot Dr, Bakersfield, CA, 93314
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Commercial sold for $1,685,000 in 93 days

12924 Merlot Dr Bakersfield, CA, 93314

Off the market Other

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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.
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Property details

4,764 sqft interior area
Land area
23,522 sqft (0.54 acres)
Address
12924 Merlot Dr, Bakersfield, CA, 93314
City of California
Bakersfield
County
Kern
Year Built
2004
District
Listing

Nearby major retailers

Walmart Supercenter
Albertsons
Lowe's
Walmart Neighborhood Market
Supermarket: 5
Do it yourself: 1
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Interior Features

Garage & Parking
Other, Garage Faces Side
Utilities Included
Other Water/Sewer
Amenities
Other

Listed by

Brad New, Vanguard Property Group
Name
Brad New
License number
01347742
Brokerage company
Vanguard Property Group
MLS #
CRPW24006855

Buyer agent

Name
General Nonmember
Brokerage company
NONMEMBER MRML

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Calculate your monthly payments
Mortgage
$5,174
Taxes
$0
HOA dues
$0
$5,174 per month
Mortgage
$337,000 / 20%
2.28%
30 years
Your amount $5,174 / month

Exterior Features

Stucco construction and more
Construction
Stucco

93314 info

Essentials nearby
Neighborhood stats
Walkability
Coffee shops
—
no data
Bus stop
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no data
Supermarket
—
no data
Costco
—
no data
Hospital
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no data
Park
—
no data
Beach
—
no data
Elementary school
—
no data
Middle school
—
no data
High school
—
no data
Local airport
—
no data

People living in 93314

50%
Families with children
National average: 39%
20%
Non family households
131,213
Population
$123,215
Average Income

Age & gender

Median age 34 years
More info

Commute types

93% commute by car
More info

Education level

23% have high school education
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Number of employees

10% work in education and healthcare
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Vehicles available

44% have 2 vehicle
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Vehicles by gender

44% have 2 vehicle
More info

Housing market insights for

$574.08k
Neighborhood average
sales price*
$515k
Neighborhood median
sales price*
61
Number
of sales*

Housing type

89% are single detacheds
More info

Rooms

41% of the houses have 6 or 7 rooms
More info

Bedrooms

53% have 2 or 3 bedrooms
More info

Owners vs Renters

79% are owners
More info
13.83 / 20
Above Average
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Price history

Sold Apr 18, 2024
Date Event Price $/sqft Source
Apr 18, 2024 Sold $1,685,000 0 Public Record
Apr 18, 2024 Price Increase $1,685,000 +1.51% 0 MLS #CRPW24006855
Feb 28, 2024 Pending $1,660,000 0 MLS #CRPW24006855
Jan 17, 2024 New Listing $1,660,000 0 MLS #CRPW24006855

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Frequently Asked Questions about 12924 Merlot Dr

What is 12924 Merlot Dr?

12924 Merlot Dr is a Commercial/Industrial propertywith 4,764 sqft interior space.

What is the rental income?

-

What is the full address of this Commercial?

12924 Merlot Dr, Bakersfield, CA, 93314.

What comparable properties are nearby?

Comparable nearby commercial properties include 5725 Knudsen Dr, 3212 Chester Ln, 1830 Brundage Ln, 126 Chester Ave, 1730 Un, 407 E 19th St.

Based on information from the bridgeMLS as of 05-20-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Listing last updated on: Apr 19, 2024
Verhouse Last checked 1 minute ago


The closest grocery stores are Walmart Neighborhood Market, 0.77 miles away and Save Mart, 2.51 miles away.
The 93314 zip area has a population of 131,213, and 50% of the families have children. The median age is 34.07 years and 93% commute by car. The most popular housing type is "single detached" and 79% is owner.
Commercial Sold $1.69m 12924 Merlot Dr, Bakersfield, CA, 93314 Save House Remove from Saved