Trolley Park Terrace

4985 Market St, San Diego, CA 92102

Waiting List Forecast: Likely Short or None

check_circleVerified for 2023 by Colleen Carter, Joshua Cappell

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

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.

Trolley Park Terrace is an affordable housing community offering 1-bedroom, 2-bedroom, and 3-bedroom floor plans. Each unit includes a balcony and attached storage space, Energy Star appliances, hard-surface flooring in the kitchen and living areas, and carpet in the bedrooms. Property amenities include a community room with a lounge and kitchen, computer lab, laundry facilities located on each floor, an outdoor children’s play area with a BBQ station, and a sport court. The community offers key-card restricted entry and there are security cameras placed throughout the property. There is a parking garage for residents and bicycle storage is offered in both the garage and open courtyard area. Resident activities include after-school programs for children and skills-building classes for adults (such as computer literacy, English as a Second Language, and financial literacy). Trolley Park Terrace is located near the San Diego Trolley Euclid Avenue station.

Dave's Thoughts On Trolley Park Terrace

Because Trolley Park Terrace participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. For a HOME project of this size, some of the units are set aside for households at or below 50% AMI with a corresponding lower rent cap. As this property appears not to have a project-based subsidy or any other Federal assistance, you likely will have to pay your own rent, albeit, at a lower rent amount thanks to the HOME and LIHTC programs. Since this property participates in the HOME and LIHTC programs, the property is required to accept Section 8 Housing Choice Vouchers.

~ Dave Layfield, Founder of Affordable Housing Online

Trolley Park Terrace Amenities

BBQ and Picnic Area
Computer Lab
Community Room
On-Site Manager
Close to Public Transportation
Underground Parking
Dishwasher
Patio Deck Or Balcony
Refrigerator
Bicycle Storage
Energy Star Appliances
Secured Entry
Stove
Surveillance Cameras
Laundry Facilities
Storage (in unit)
Sport Court
Resident Activities
Resident Lounge
Carpeted Bedroom
Community Kitchen
After School Program
Play Area

Units at Trolley Park Terrace

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

Income Qualification for Trolley Park Terrace

*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
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

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

FAQs for Trolley Park Terrace

Does Trolley Park Terrace have a waiting list?

Trolley Park Terrace 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 Trolley Park Terrace?

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.

What property management company manges Trolley Park Terrace?

Trolley Park Terrace is managed by Hyder Property Management Professionals headquartered in San Marcos, CA.

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

In addition to Trolley Park Terrace, 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.

When was the Trolley Park Terrace listing last updated?

Trolley Park Terrace listing on Affordable Housing Online was last updated on 08/24/2023 by Colleen Carter. Remember, a property's status can change so you should contact the property to confirm.