California Community

Camino al Oro, Los Angeles

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.

Photos

Year Built

2005

Type

Senior

No. Units

121

Total Cost

$13,810,000

Developer

AMCAL Multi-Housing

Contractor

AMCAL General Contractors

Architect

Van Tilburg, Banvard and Soderbergh

Financing

Equity

$6,540,000
SunAmerica
Affordable Housing Partners

Construction

$3,560,000
Wells Fargo

Permanent

$3,560,000
California Community Reinvestment Corp.

Agency

$682,000
Los Angeles Housing Dept.

Non-Profit