Listed by Nicholas Henry, Beachside Partners,

323 A Street

Fillmore, CA, 93015

$1,650,000

$1,650,000
Active
Active
 - For Sale
property_type
Multi-family
calendar
Built 1960
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.
MLS® ID:
V1-15812
Listed:
11/20/22
Updated:
12/6/22

Interior Features

Kitchen Appliances
Gas Oven
Total Bedrooms
0
Total Bathrooms
0
Laundry Description
None
Fireplace
None
Cooling
None
Heating
Wall Furnace

Exterior/Building Features

Lot Size
0.32 acres lot
Lot Details
Sprinklers None
Sewer
Public Sewer

Other Property Details

Area Name
VC55 - Fillmore
Association Amenities
Valley
Garage
No
Parking
N
View
Y
County
Ventura
Water Source
Public
Pool
No
Pool Description
None
Total Stories
2

Courtesy of Beachside Partners, Nicholas Henry,
Listing Contact:  

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