Coronado Terrace Apartments

1151 25th St, San Diego, CA 92154

Waiting List Forecast: Likely Long or Closed for Rent Assisted units, and Likely Short or None for other affordable units

check_circleVerified for 2017 by Lorena Bentley, Ayat Elkarib, Joshua Cappell

Rent	Beds	Baths	SqFt
Call for Rents^†	2 - 3 Beds	1 - 2 Baths	-

Call (619) 423-5804

Waitlist Forecast

Since this property is a LIHTC property that may have rental assistance for some or all units, there might be seperate or split waiting lists for rental assistance and non-rental assistance units. In this case, the rental assistance waiting list can be much longer than properties without rental assistance. The non-rental assistance units waiting list is likely much shorter or it may not have a waiting list at all. 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.

Located in the San Ysidro area in south San Diego, Coronado Terrace sits on a 14.03-acre site with a garden-style setting just north of the Mexican border. It was at risk of being converted to market rate housing when acquired by Eden Housing in 2015. The property underwent an extensive renovation completed in 2018; to improve the lives of Coronado’s families, provide ADA upgrades and implement significant improvements in energy and water efficiency.

Residents can walk to grocery stores on tree-lined sidewalks or take bus transit to nearby shopping and services. Five parks are within 4.5 miles including two National Wildlife Reserves and Otay Valley Regional Park.

On-site amenities include a 4,000 square foot community center with a kitchen, a fitness center, a computer lab and a multi-purpose room. Covered parking, a playground, a pet park, and bike friendly qualities make this the perfect place for families to call home.

Neighborhood House Association provides on-site resident services such as after school programs and tutoring, digital literacy and financial coaching services.

Dave's Thoughts On Coronado Terrace Apartments

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. The LIHTC program doesn't provide direct subsidies to the residents, but the owner must set rents affordable to low-income renters in the area. This property does participate in the Section 8 Project-Based Rental Assistance program and your rent would be subsidized and based on your income. You would not pay more than 30% of your income for rent. To qualify, you must earn 50% or less of the Area Median Income (AMI), which you can find on this page’s income chart. LIHTC properties tend to have shorter waiting lists however, since Coronado Terrace Apartments has a project-based subsidy, the waiting list is likely much longer than other local LIHTC properties. LIHTC properties nationwide are required to accept housing vouchers however, since this property has a Section 8 Project-Based Rental Assistance contract, your Section 8 voucher can not be used here. LIHTC properties were first built in the late 1980's and the LIHTC program funds the renovation of older properties. Because they tend to be newer or renovated, 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 need help paying your rent and are willing to wait for a longer waiting list.

~ Dave Layfield, Founder of Affordable Housing Online

Coronado Terrace Apartments Amenities

Balconies or Patios Available
Smoke Free
High Speed Internet Access

Units at Coronado Terrace Apartments

Unit (Bd/Ba)	Ft²	Rent
2 Bedroom (2/1)	-	Call for Price^†
3 Bedroom (3/2)	-	Call for Price^†

Income Qualification for Coronado Terrace Apartments

*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
30% AMI for PBRA Units	$28,950 / year	$33,100 / year	$37,250 / year	$41,350 / year	$44,700 / year	$48,000 / year
50% AMI for LIHTC Units	$48,250 / year	$55,150 / year	$62,050 / year	$68,900 / year	$74,450 / year	$79,950 / year
50% AMI for PBRA Units	$48,250 / year	$55,150 / year	$62,050 / year	$68,900 / year	$74,450 / year	$79,950 / year
60% AMI for LIHTC Units	$57,900 / year	$66,180 / year	$74,460 / year	$82,680 / year	$89,340 / year	$95,940 / year
80% AMI for PBRA Units	$77,200 / year	$88,200 / year	$99,250 / year	$110,250 / year	$119,100 / year	$127,900 / year

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

FAQs for Coronado Terrace Apartments

Does Coronado Terrace Apartments have a waiting list?

Coronado Terrace Apartments probably has a waiting list. Since our research has shown there is a project-based rental assistance associated with this property, the waiting list would be for the rent-assisted units. We haven't confirmed if this is the case, so you should contact the property to confirm.

Are rents subsidized at Coronado Terrace Apartments?

We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.

What property management company manges Coronado Terrace Apartments?

Coronado Terrace Apartments is managed by Eden Housing headquartered in Hayward, California.

In addition to Coronado Terrace Apartments, how many other affordable housing properties (and units) are there in San Diego?

In addition to Coronado Terrace Apartments, we list 258 other affordable properties in San Diego. Learn about these properties here. Our data research shows that there are a total of 19396 affordable units in San Diego.