Elm Avenue Apartments

530 Elm Avenue
Long Beach, CA 90802

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Description

Elm Avenue Apartments is a substantial rehabilitation of a 1926 apartment building located in historic downtown Long Beach. The project reinforces the viability of its neighborhood by restoring a blighted building to its original architectural character. To generate support for the development, CBH staff walked door-to-door to talk with the surrounding residents. As a result, the project received strong support from neighbors. The restoration of the Tudor façade and wood casement windows compliments the Craftsman era homes and small apartment buildings of the surrounding neighborhood known as the Downtown Arts District. The project completely transformed the interior of the building by providing more livable layouts and rejuvenating a laundry facility and community room. Each apartment includes phone, cable TV and computer data linkages. Elm Avenue Apartments has an on-site property manager and has excellent access to supportive mental health, disability and other services. The building is well-served by public transportation.

At A Glance

Architect: Richard Barron Architects
General Contractor: Westport Construction/ICON Builders
Property Management: John Stewart Company
Completion Date: March, 2008
Tenant Mix: 100% housing for people facing disability and homelessness
Apartment Info: 16 studios and 1 manager’s apartment
Rental Rates: 4 units @ 60% AMI, 3 @ 40%, 2 @ 30%, 7 @ 25%
Apartment Size: 225-350 sq. ft.
Funding Sources: Citibank Construction Loan
Long Beach Housing Development Co. – HOME Fund
Long Beach Housing Development Co. – Housing Fund
Affordable Housing Program
LIHTC Equity
Total development cost: $6,400,000

Awards

“1000 HOMES Innovation in Community Improvement Award” by the Urban Land Institute (2010)
“Historic Preservation Award” by Long Beach Heritage (2009)

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