Beverly Park Senior Apartments is an acquisition and moderate rehabilitation of an existing 49 unit multifamily apartment community located in Los Angeles, CA. These three-story, garden style buildings consist of one-bedroom apartments and are affordable to low-income seniors (age 62 and over) and people with disabilities. It is an affordable apartment building for residents at or below 50% or 60% of Area Median Income (AMI).
By partnering with great property management, investors, and local government, Housing on Merit assures the opportunity to maintain long-term affordability of the property for residents and the community.
Address: 1071 S. La Cienega Blvd., Los Angeles, CA
Property Type: Senior Housing (HAP/Bonds)
# of Units: 49
Targeted AMI: 50-60%