Description
The Voss Apartments at 947-953 11th Street in the City of Santa Monica. Situated between Montana Avenue and Wilshire Boulevard, the Offering is comprised of two properties on individual parcels. 947 11th Street consists of 8 apartment units and 953 11th Street has 7 units, 15 units with 20 parking spaces provided. The unit types range from singles to one, and two-bedroom units. Private patios, garages, and balconies are featured in select units. Notably, new ownership can take advantage of the property tax benefits through the Mills Act, a California state law that incentivizes historic preservation. The Offering is ideal for a savvy investor seeking to own a trophy asset while also having access to the immediate upside in current collections as the property will be delivered with 2 vacancies at the close of escrow.
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0BEDS
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0.34ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
The Voss Apartments at 947-953 11th Street in the City of Santa Monica. Situated between Montana Avenue and Wilshire Boulevard, the Offering is comprised of two properties on individual parcels. 947 11th Street consists of 8 apartment units and 953 11th Street has 7 units, 15 units with 20 parking spaces provided. The unit types range from singles to one, and two-bedroom units. Private patios, garages, and balconies are featured in select units. Notably, new ownership can take advantage of the property tax benefits through the Mills Act, a California state law that incentivizes historic preservation. The Offering is ideal for a savvy investor seeking to own a trophy asset while also having access to the immediate upside in current collections as the property will be delivered with 2 vacancies at the close of escrow.
Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-11T21:34:04.817. 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 deemed reliable but is not guaranteed accurate by the MLS or Bathurst Coastal Properties | Compass. Licensed in the State of California, USA.