Sherman Oaks Gardens and Villas

5425 Sepulveda Blvd, Los Angeles, CA 91411

Waiting List Forecast: Likely Short or None

check_circleVerified for 2021 by Lorena Bentley, Joshua Cappell
Rent Beds Baths SqFt
Call for Rents Studio - 2 Beds 1 - 2 Baths -
check_circle  Accepts Section 8 Housing Choice Vouchers (HCV)
check_circle  Affordable

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.

Welcome to Sherman Oaks Gardens! They are just a mile to Whole Foods, the Sherman Oaks Galleria, Archlight Theatres, 24-Hour Fitness, Cheesecake Factory, the Sepulveda Basin Recreation Area, Encino & Balboa Golf Course, Hjelte Sports Center, and Ventura Boulevard! The building features one and two bedroom units across neighboring locations. They offer full-time on-site management, two large solar heated pools, dog friendly recreation areas, as well as premium interior finishes which include hardwood flooring, quartz stone countertops, stainless steel appliances, as well as LED fixtures throughout!
 managed by Berglas and Garfield

Dave's Thoughts On Sherman Oaks Gardens and Villas

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 Sherman Oaks Gardens and Villas 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, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Sherman Oaks Gardens and Villas Amenities

  • Controlled Access
  • BBQ and Picnic Area
  • Pool
  • Off-Street Parking
  • Dishwasher
  • Microwave
  • Refrigerator
  • Energy Star Appliances
  • Cable & Internet Ready
  • Laundry Facilities
  • Courtyard
  • Large Closets

Units at Sherman Oaks Gardens and Villas

Unit (Bd/Ba) Ft2 Rent
Studio (Studio/1) - Call for Price
One Bedroom (1/1) - Call for Price
Two Bedroom (2/2) - Call for Price

Income Qualification for Sherman Oaks Gardens and Villas

*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
50% AMI for LIHTC Units $44,150 / year $50,450 / year $56,750 / year $63,050 / year
50% AMI for PBRA Units $44,150 / year $50,450 / year $56,750 / year $63,050 / year
60% AMI for LIHTC Units $52,980 / year $60,540 / year $68,100 / year $75,660 / year

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

FAQs for Sherman Oaks Gardens and Villas

Does Sherman Oaks Gardens and Villas have a waiting list?

Sherman Oaks Gardens and Villas 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 Sherman Oaks Gardens and Villas?

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 Sherman Oaks Gardens and Villas, how many other affordable housing properties (and units) are there in Los Angeles?

In addition to Sherman Oaks Gardens and Villas, 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.

Listings Near Sherman Oaks Gardens and Villas

Sonata Apartment Homes

21350 Parthenia Street, Los Angeles, California 91304

bed 2
payment $1510-1750/mo.

Apperson Street Apartments

7412 Apperson St, Los Angeles, California 91042

bed 1
payment $1295/mo.
payment Subsidized

Happy Valley Apartments

3035-3045 Sierra Street , Los Angeles, California 90031

bed 3
payment $1292/mo.
payment Subsidized

Chariton Apartments

2010 Chariton Street, Los Angeles, California 90034

bed Studio
payment $1275/mo.
switch_access_shortcut Short Wait
payment Subsidized
accessibility Accessible

Artiste Apartments

6731 Leland Way, Los Angeles, California 90028

bed Studio
payment $1250/mo.
switch_access_shortcut Short Wait

Mission Plaza

2250 Parkside Ave, Los Angeles, California 90031

bed 2-3
payment $990-1165/mo.
switch_access_shortcut Short Wait
payment Subsidized
accessibility Accessible
Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.

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