953 11th St Unit 1, Santa Monica, CA 90403

$10,600,000
11,850
SqFt
List Price
$10,600,000
MLS#
22-182887
Year Built
1937
Living Sq. Ft
11,850
Lot Size
15,016
Days on Market
21
Property Type
Multifamily
Stories
2

Property 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.

Additional Information

Other Buildings
None
Heat
None
Cooling
None
Number of Cars in Garage
Assigned
Garage Spaces Total
10

Mortgage Calculator

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Calculator source: Real Geeks

Courtesy of , Alexander Halimi - CA DRE#

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