$1,556,000
$1,650,000
5.7%For more information regarding the value of a property, please contact us for a free consultation.
323 A ST Fillmore, CA 93015
0.32 Acres Lot
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
Acres 0.3214
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
Rooms
Ensuite Laundry None
Interior
Laundry Location None
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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Bought with Anthony Attias • R.R.Gable, Inc.