323 A Street, Fillmore, CA 93015
Property
Sold January 2023
Listing Agent: Nicholas Henry (DRE #01748131) · Listing Office: Beachside Partners · Contact: (805) 453-5097 · Bought with: Anthony Attias · R.R.Gable, Inc. · MLS #V1-15812 · Source: CRMLS
About this property
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.
Listing description from the January 2023 sale, as reported to CRMLS.
Sale history