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