Olive Tree Terrace

721 N Azusa Ave, West Covina, CA 91791

Waiting List Forecast: Likely Long or Closed

check_circleVerified for 2019 by Colleen Carter, Ric Gresia

Rent	Beds	Baths	SqFt
Call for Rents^†	1 Bed	1 Bath	-

Waitlist Forecast

Since this property may have a Section 8 Property Based Rental Assistance contract with rental assistance available to its residents, it is likely the property has a waiting list. Sometimes these waiting lists can be months or years long and may or may not be accepting new applicants. 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 on the main thoroughfare of Azusa Avenue, Olive Tree Terrace is a centrally located senior community of one-bedroom units in the city of West Covina. Daily, a shuttle picks up residents for activities at the nearby senior center. Olive Tree Terrace is within walking distance to stores and parks, and residents can enjoy holiday parties and cookouts at the complex.

Pet Policy: Cats and Dogs

Dave's Thoughts On Olive Tree Terrace

Since Olive Tree Terrace participates in the Section 8 Project-Based Rental Assistance program, your rent would be subsidized. 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. Also, project-based Section 8 properties tend to have longer waiting lists, with some with waiting lists going out for years. Since this property participates in the Section 8 Project Based Rental Assistance program and has a property based subsidy, if you have a Section 8 voucher, you would have to give up your voucher to move in.

~ Dave Layfield, Founder of Affordable Housing Online

Olive Tree Terrace Amenities

Elevator
BBQ and Picnic Area
Near Park
Covered Parking
Near Shopping
Laundry Facility

Units at Olive Tree Terrace

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

Income Qualification for Olive Tree 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	7 people	8 people
30% AMI for PBRA Units	$26,500 / year	$30,300 / year	$34,100 / year	$37,850 / year	$40,900 / year	$43,950 / year	$46,950 / year	$50,560 / year
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
80% AMI for PBRA Units	$70,650 / year	$80,750 / year	$90,850 / year	$100,900 / year	$109,000 / year	$117,050 / year	$125,150 / year	$133,200 / year

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

FAQs for Olive Tree Terrace

Does Olive Tree Terrace have a waiting list?

Olive Tree Terrace 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 Olive Tree Terrace?

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 Olive Tree Terrace?

Olive Tree Terrace is managed by G & K Management Co., Inc. headquartered in Culver City, California.

In addition to Olive Tree Terrace, how many other affordable housing properties (and units) are there in West Covina?

In addition to Olive Tree Terrace, we list 13 other affordable properties in West Covina. Learn about these properties here. Our data research shows that there are a total of 946 affordable units in West Covina.