Sold

323 A Street

Fillmore CA, 93015

$1,556,000


Sold

Condo

Built in 1960

Listed by Nicholas Henry with Beachside Partners (805) 453-5097

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.

V1-15812

MLS ID

November 21, 2022

Listed

March 23, 2024

Updated

Map

323 A Street
Fillmore CA, 93015

Interior Features

Total Stories

2


Appliances

Gas Oven


Laundry Description

None


Fireplace

Yes


Fireplace Description

None


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Wall Furnace

Exterior/Building Features

Lot Size

0.32 Acres


Lot Features

Sprinklers None


Sewer

Public Sewer

Other Property Details

Area Name

VC55 - Fillmore


Days on Market

32


Garage

No


Parking Total

0


View

Yes


County

Ventura


Water Source

Public


Pool

No


Pool Features

None


Buyer Agency Compensation

2%

Listing Contact: (805) 453-5097 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/23/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 3/23/2024 at 1:42 AM UTC

 

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