Fillmore, CA 93015,323 A ST Street
Fillmore, CA 93015,323 A ST Street
Fillmore, CA 93015,323 A ST Street
Fillmore, CA 93015,323 A ST Street
Fillmore, CA 93015,323 A ST Street
Fillmore, CA 93015,323 A ST Street
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$1,556,000

$1,650,000

5.7%
Est.Price: ?

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Est. payment /mo

SOLD DATE : 01/23/2023

Key Details

Sold Price $1,556,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 22-3800

Sold Date 01/23/23

Year Built 1960

Source Santa Barbara Multiple Listing Service

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

Others

Tax ID 052-0-136-260

Acceptable Financing Ctnl

Listing Terms Ctnl

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Listed by Beachside Partners

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Name

Phone*

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Lorena Regalado

+1(805) 403-1270

lorena@home-ed.co