Fillmore, CA 93015,323 A ST
Fillmore, CA 93015,323 A ST
Fillmore, CA 93015,323 A ST
Fillmore, CA 93015,323 A ST
Fillmore, CA 93015,323 A ST
Fillmore, CA 93015,323 A ST
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$1,556,000

$1,650,000

5.7%
Est.Price: ?

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Est. payment /mo

0.32 Acres Lot


SOLD DATE : 01/24/2023

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

Sold Date 01/24/23

HOA Y/N No

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

Fireplace No

Appliance Gas Oven

Laundry None

Exterior

Fence None

Pool None

Community Features Valley

View Y/N Yes

Private Pool No

Building

Lot Description Sprinklers None

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

Others

Senior Community No

Tax ID 0520136260

Acceptable Financing Conventional

Listing Terms Conventional

Financing Cash

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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