728 S Berendo St, Los Angeles, CA 90005
Waiting List Forecast: Likely Short or None
Verified for 2019 by Colleen Carter, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $825 per Month† | Studio Bed | 1 Bath | 500 Sq Ft |
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.
This building is in the heart of LA! Walking distance from everything!! Near LACC, Southwestern University, grocery stores, night life, LA Live Staples Center and much more. Perfect for FIDM and USC students. Great for those who love the city life, and appreciate New York style apartments. This location is Walker's Paradise which means daily errands do not require a car. The closest transit routes are the 8th / Catalina 66 Metro Line. The units include art deco, granite counter tops, stainless steel appliances, built in vanities, hardwood floors, exposed bricks, elevator, on site laundry, and controlled access. All utilities included! This property has a Walk Score of 91. Cats allowed with an additional $200 deposit. Dogs allowed with an additional $300 deposit. Professionally managed by Statewide Enterprises, Inc. (A+ rated by the Better Business Bureau).Pictures in this ad are a representation and may not reflect the actual apartment that is currently available. SPECIAL: MENTION THIS AD AND RECEIVE 2 WEEKS FREE ON APPROVED CREDIT!*Listed security deposit is on approved credit. **Six month lease available with $50 surcharge. The rent, deposit, concession and terms listed in this ad are only valid for the actual date that this ad was initially posted.
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 Berendo Lofts 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.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| Studio (Studio/1) | 500ft2 | $825† |
| 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.
Does Berendo Lofts have a waiting list?
Berendo Lofts 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 Berendo Lofts?
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 Berendo Lofts, how many other affordable housing properties (and units) are there in Los Angeles?
In addition to Berendo Lofts, we list 1055 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.
You can still apply to online applications without internet access.
If you don't have internet access, go to a local public library that has devices with an online connection.Sandra Lewis-Kidd says:
"I received daily updates from Affordable Housing Online on waiting list openings not only in my city, but also other states and cities accepting applications. I was able to apply, and was actually chosen for the Section 8 housing lottery!"