ADDRESS:
5555 Crestridge Road
Rancho Palos Verdes, CA 90274
(310) 265-5200
COUNTY: Los Angeles
PROJECT DESCRIPTION:
Las Palmas and AMCAL Multi-Housing Inc. built this 34 unit senior apartment complex in Rancho Palos Verdes, California, which was completed in May of 2010. Mirandela Senior Apartments are located in a quiet coastal town west of Long Beach, and within one half mile of numerous grocery stores, banks and a public library. Units are available to seniors earning between 24% – 60% of the area median income.
AMENITIES INCLUDE:
Barbecue and picnic area
Laundry facilities
Multipurpose social room
Full-service kitchen facilities
Computer center with bi-weekly educational classes
Manager’s office
Social Services office
PROPERTY MGMT: Western Seniors Housing Inc.
FINANCING:
Tax Credit Equity Investor: Bank of America
Construction and Permanent Lender: Bank of America
UNIT MIX:
34 units
Number of Units / Bedrooms / Unit Size
29 / 1 / 680sq. ft.
4 / 2 / 822 sq. ft.
1 manager / 2 / 822 sq. ft.
100% AFFORDABLE:
Number of Units / % AMI
1 / 24%
6 / 26%
4 / 40%
8 / 43%
9 / 50%
8 / 60%
1 manager
RESIDENT SERVICES: More Information
