$1,650,000
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323 A ST Fillmore, CA 93015
0.32 Acres Lot
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision Fillmore: Other - 0055
MLS Listing ID V1-15812
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
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Heating Wall Furnace
Cooling None
Fireplaces Type None
Laundry None
Exterior
Fence None
Pool None
Community Features Valley
View Y/N Yes
Building
Lot Description Sprinklers None
Story 2
Sewer Public Sewer
Water Public
Others
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition Standard
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Bought with Anthony Attias • R.R.Gable, Inc.