Price Improvement for Pride of Ownership Multifamily! The Liberty Park apartments are a Pride of Ownership, single story 4 Unit multifamily property built in 2004, and located in prime northwest Bakersfield, CA. The subject property is listed as part of a 12 Unit portfolio sale with the following properties in the same tract: 12906 Merlot Dr (4U), 12912 Merlot Dr. (4U). Sellers preference is for all 3 fourplexes to be sold together to one buying entity. The subject property is a single story, 4 unit apartment building situated on one spacious 12,575 sf lot. The subject property boasts an excellent unit mix of 2(3+2) and 2 (2+2), 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 $208 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.
Sold for $860,000 on 05/01/24
Listing Provided by:
Brad New DRE #01347742 714-928-6833,
Vanguard Property Group,
Ed Diaz DRE #01022469 714-446-0100,
Vanguard Property Group
$860,000
2212 Cullen Ct, Bakersfield, CA 93314
--beds
--baths
4,316sqft
Quadruplex
Built in 2004
-- sqft lot
$857,800 Zestimate®
$199/sqft
$2,073 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: May 02, 2024 at 12:31pm
Listing Provided by:
Brad New DRE #01347742 714-928-6833,
Vanguard Property Group,
Ed Diaz DRE #01022469 714-446-0100,
Vanguard Property Group
Bought with:
JUSTIN CHU, DRE #01900624
KELLER WILLIAMS REALTY
Source: CRMLS,MLS#: PW24007140
Originating MLS: California Regional MLS

Facts & features
Interior
Heating
- Central
Cooling
- Central Air
Appliances
- Laundry: Inside, In Garage
Features
- Has fireplace: Yes
- Fireplace features: Family Room, Gas
- Common walls with other units/homes: 1 Common Wall,No One Above
Interior area
- Total structure area: 4,316
- Total interior livable area: 4,316 sqft
Property
Parking
- Total spaces: 8
- Parking features: Concrete, Door-Multi, Driveway, Garage, Garage Door Opener, Paved, Garage Faces Side
- Garage spaces: 8
Features
- Entry location: 1
- Pool features: None
Lot
- Size: 0.29 Acres
- Features: 2-5 Units/Acre
Details
- Parcel number: 49533003
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 2004
Utilities & green energy
- Sewer: Public Sewer, Sewer Tap Paid
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected
Community & neighborhood
Community
- Community features: Curbs, Sidewalks
Location
- Region: Bakersfield
Other
Other facts
- Listing terms: Cash to New Loan,Conventional,1031 Exchange
- Road surface type: Paved
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$857,800
2% more+$17,156
With Zillow Showcase(estimated)$874,956