Camino al Oro is a 102-unit senior affordable housing development with 1-2-bedroom units that replaced a blighted, abandoned warehouse in the revitalized Lincoln Heights neighborhood.
Construction is a Type V wooden structure over a Type I concrete podium for secure subterranean parking.
Camino al Oro is located on a 1.54-acre site, part of the award-winning 10.0-acre “Avenue 26 Master Plan” with condominiums and retail next to the Avenue 26 Gold Line Station northeast of downtown Los Angeles.
The housing is adjacent to the Golden State and Pasadena Freeways, along with Dodger Stadium and numerous amenities that make the project site a convenient location.
Camino al Oro was funded by an allocation of 9% Low-Income Housing Tax Credits in 2003.
Occupancy began in 2005.
2005
Senior
121
$13,810,000
AMCAL Multi-Housing
AMCAL General Contractors
Van Tilburg, Banvard and Soderbergh
$6,540,000
SunAmerica
Affordable Housing Partners
$3,560,000
Wells Fargo
$3,560,000
California Community Reinvestment Corp.
$682,000
Los Angeles Housing Dept.