Gilbert Lindsay
601 W 40th Place
Los Angeles, Los Angeles County, California 90037

Call (855) 598-3283, enter extension 12341, then hit #.

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About The Property:

Family living, great location, gated complex, close to major freeways, attractive landscaping, laundry facilities on each floor. We have other locations within the Los Angeles County area. For further information, please feel free to call us today.

Unit Information

Unit Bed/Bath Rent
One Bedroom 1/1 From $900
Two Bedroom 2/1 From $975
Three Bedroom 3/2 From $1,295
Four Bedroom 4/2 From $1,500
Five bedroom 5/2 From $1,800

Property Amenities

  • Controlled Access
  • Elevator
  • Community Room
  • 24hr Security
  • Assigned Parking
  • Underground Parking
  • Urban Area
  • Elevator

Unit Amenities

  • Ceiling Fan(s)
  • Garbage Disposal
  • Cable Ready
  • Walk-in Closet(s)
  • Window Coverings
  • Carpet
  • Patio, Deck Or Balcony

Nearby Amenities

  • Close to Downtown District
  • Close to Public Transportation
  • Near Hospital
  • Near Library
  • Near Park
  • Near Schools
  • Near University

Managed By Alpha Property Management

Funding Programs

Gilbert Lindsay was developed and operates with Federal housing financing. The property utilizes the Low Income Housing Tax Credit Federal housing program to make rent affordable to lower income tenants.

Low Income Housing Tax Credit

The property was developed using the Low Income Housing Tax Credit Program. This program incentivizes investors to inject capital into rental apartments for lower income Americans. The property received a tax credit allocation in 1989 for $1,435,355 with a 10 year value of $14,353,550. The property was placed in service in 1991. 137 of 137 units at Gilbert Lindsay are low income and subject to the tax credit program. The property, at the time of the tax credit allocation, was located in a Qualified Census Tract and a Difficult Development Area qualifying it for additional tax credit financing.

Overview

Gilbert Lindsay is an affordable apartment community located in Los Angeles, California which is located in Los Angeles County. The property is located in California's 34th Congressional District served by Representative Xavier Becerra (D), Senator Kamala Harris (D) and Senator Dianne Feinstein (D).

Rental Subsidies

This property does not provide any Federal rent subsidies to renters reducing total tenant payments to 30% of their adjusted income. Renters are required to pay the full rent, even if it is in excess of 30% of their income. In some cases the property may accept Section 8 Housing Choice vouchers.

California's 34th

Congressional District

137

Tax Credit Units

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† These counts are estimates based on the data available from HUD. Learn More About Our Data