1513 W Pico Blvd.

1513 W Pico Blvd, Los Angeles, CA 90015

Waiting List Forecast: Likely Short or None

check_circleVerified for 2017 by Joshua Cappell

Rent	Beds	Baths	SqFt
$1,295 per Month^†	1 Bed	1 Bath	400 Sq Ft

Call (818) 892-5239

Waitlist Forecast

Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.

Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.

Newly remodeled one bedroom. All new lighting and plumbing fixtures. Cabinets with granite counter top. Ceiling fan. Heater. Custom paint colors throughout unit that give the unit a warm, soft feel. Prime location. Gets plenty of natural light. Owner pays water, tenant responsible for gas and electricity. Laundry on site. Pets allowed. Approximately 400 Sq. Ft. Close To Olympic Blvd - Easy Access to Public Transportation, and 10 and 110 Fwy. Across The Street From Loyola Law School. Two Blocks From LA Live, Staples Center, Convention Center, New Courtyard Marriott, and City TARGET. Walk To Curacao Business Center. 7th Street Metro Station @ 7th St. and Figueroa St and Pico Blue Line Station @ Pico Blvd and Figueroa St.

Dave's Thoughts On 1513 W Pico Blvd.

This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests 1513 W Pico Blvd. does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers. As a LIHTC property that chose the 40/60 election, this property has agreed to set aside at least 40% of its units for families and individuals earning 60% of Area Median Income (AMI). Many properties have actually set aside more units than required by law, and in many cases all of the units at these properties are affordable to renters with lower incomes. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.

~ Dave Layfield, Founder of Affordable Housing Online

1513 W Pico Blvd. Amenities

Ceiling Fan(s)
On-Site Laundry
Newly Remodeled Kitchens
Newly Remodeled Bathrooms

Units at 1513 W Pico Blvd.

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	400ft²	$1,295^†

Income Qualification for 1513 W Pico Blvd.

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

AMI*	1 person	2 people	3 people	4 people	5 people	6 people	7 people	8 people
50% AMI for LIHTC Units	$44,150 / year	$50,450 / year	$56,750 / year	$63,050 / year	$68,100 / year	$73,150 / year	$78,200 / year	$83,250 / year
50% AMI for PBRA Units	$44,150 / year	$50,450 / year	$56,750 / year	$63,050 / year	$68,100 / year	$73,150 / year	$78,200 / year	$83,250 / year
60% AMI for LIHTC Units	$52,980 / year	$60,540 / year	$68,100 / year	$75,660 / year	$81,720 / year	$87,780 / year	$93,840 / year	$99,900 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for 1513 W Pico Blvd.

Does 1513 W Pico Blvd. have a waiting list?

1513 W Pico Blvd. probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.

Are rents subsidized at 1513 W Pico Blvd.?

We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.

In addition to 1513 W Pico Blvd., how many other affordable housing properties (and units) are there in Los Angeles?

In addition to 1513 W Pico Blvd., we list 1089 other affordable properties in Los Angeles. Learn about these properties here. Our data research shows that there are a total of 70531 affordable units in Los Angeles.