California Community

Sunrise Villas, South Los Angeles

Sunrise Villas

Sunrise Apartments replaces old apartments on Main Street in South Los Angeles with a new senior development. The Craftsman-inspired design complements the historic family neighborhood to the west.

Sunrise consists of 46 units, primarily with 1-bedroom apartments for low-income seniors. Construction will be four levels of Type V wood over Type I concrete semi-subterranean parking with 25 spaces. Site area is 18,000 sf (108 dua).

Sunrise is near MTA local and Rapid bus routes on Main Street and Broadway, 51st St. Park, Serra Library, 52rd St. Elementary School, markets, pharmacies and health clinics.

Sunrise was financed with a $6,019,000 allocation of 9% Low-income Housing Tax Credits in 2010, conventional debt and agency funds from the Prop. 1C Infill Infrastructure Grant fund, ARRA federal stimulus fund, Los Angeles County (City of Industry) and Los Angeles CRA.

100% affordable:
5 units – 30% AMI
5 units – 40% AMI
23 units – 50% AMI
12 units – 60% AMI

Click Here for LEED Details (PDF)

Year Built

2012

Type

Senior

No. Units

46

Total Cost

$13,243,000

Developer

AMCAL Multi-Housing

Contractor

AMCAL General Contractors

Architect

Withee Malcolm

Financing

Equity

$4,935,000
Hudson Housing Capital

Construction

$4,142,000
Citibank

Permanent

$920,000
Citibank

Agency

$2,203,000
L.A. Housing Dept.
$2,038,000
Prop. 1C Infill
$1,374,000
City of Industry
$890,000
L.A. CRA

Non-Profit

Las Palmas Foundation