Fillmore, CA 93015,323 A ST
Fillmore, CA 93015,323 A ST
Fillmore, CA 93015,323 A ST
11
$1,556,000
$1,650,000
5.7%
Est.Price: ?

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0.32 Acres Lot

323 A ST Fillmore, CA 93015

Est. payment /mo
SOLD DATE : 01/24/2023

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Key Details

Sold Price $1,556,000

Property Type Condo

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

Subdivision Fillmore: Other - 0055

MLS Listing ID V1-15812

Year Built 1960

Lot Size 0.321 Acres

Property Description

Stable mixed use 6-unit property located in the city of Fillmore. 11.1 x current rents (11.1 GRM). The offering includes 5 apartment units along with a long running popular Mexican restaurant set on a 14,000 SF lot with plenty of off-street parking. Within the last 3+ years exterior of the building was repainted and the driveway received a new slurry seal. The restaurant space, occupied for the last 15+ years by Taco Llama, is a popular Mexican food eatery with 4 years remaining on its lease with annual increases. Behind the restaurant is a 2-story apartment building with (2) 2BD/1BA apartments on the second floor and (3) 1BD/1BA units on the first floor. Opportunity exists for a new owner to increase total rental rates while also reducing utility costs.

Location

State CA

County Ventura

Area Vc55 - Fillmore

Interior

Heating Wall Furnace

Cooling None

Fireplaces Type None

Laundry None

Exterior

Fence None

Pool None

Community Features Valley

View Y/N Yes

Building

Lot Description Sprinklers None

Story 2

Sewer Public Sewer

Water Public

Others

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Nicholas Henry • Beachside Partners
Bought with Anthony Attias • R.R.Gable, Inc.

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Todd Kingsley

Agent | License ID: 02118744

+1(310) 710-8633

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