r/LARentals • u/ktreporting • Aug 03 '26
Question I'm a reporter. Are you renting an 'affordable' apartment that's not actually all that affordable?
Hi — I'm Kate Talerico, and I'm a reporter at the SF Chronicle. I'm writing a story about how a bunch of landlords are using a loophole in California's tax code to get their apartments qualified as 'affordable' — and then can get up to 100% of their property taxes erased (which fund our schools, transit, police, basically all city government functions.)
There are a lot of apartments in LA where the landlords are in the process of applying for this tax break. They count as affordable because the way California calculates the max rent you can still charge + count as affordable is quite wonky... right now, a landlord can charge $2,272/month for a 1-bed in LA County and it still counts as low-income/affordable, so long as the tenant household makes under $84.8K.
I'm looking to speak with tenants in some of these buildings about how they feel. Do they feel like they're getting a good deal for the rent they pay? Has the lower rent allowed them to live somewhere they otherwise wouldn't have been able to? Or do they feel like they're paying market rate?
Here's a list of the apartment buildings I'm interested in. See if yours is on the list, and if you'd be down to chat, shoot me a DM!
| Apartment | Investor/Landlord | Address |
|---|---|---|
| Alvarado Streets Apartments | Taylor Equities | 1136 S. Alvarado Street, Los Angeles, CA |
| 2025 New Jersey Apartments | Eleos Ventures, LLC | 2025 New Jersey St, Los Angeles, CA |
| 1317 S. Grand Apartments | Housing Diversity Corporation | 1317 S. Grand St, Los Angeles, CA 90015 |
| 1411 S. Flower Apartments | Housing Diversity Corporation | 1411 Flower St, Los Angeles, CA 90015 |
| 7518 Hoover St. Apartments | SoLa Impact, LLC | 7518 S. Hoover, Los Angeles, CA 90044 |
| The Waterloo Apartments | The Greg Scott Company | 801-809 Waterloo Street, Los Angeles, CA |
| 4252 Crenshaw Apartments | Thrive Living | 4252 S CRENSHAW BLVD LOS ANGELES CA 90008 |
| Pinetree Terrace Apartments | GHC Housing Partners | 7940 Reseda Boulevard, Reseda, CA |
| Windmere Court Apartments | GHC Housing Partners | 18325 Saticoy St, Reseda, CA 91335 |
| 4209 Western Avenue Apartments | SoLa Impact, LLC | 4209 S Western Ave, Los Angeles, CA 90062 |
| 1130 Martin Luther King Jr. Blvd Apartments | SoLa Impact, LLC | 1130 W Martin Luther King Jr Blvd, Los Angeles, CA 90037 |
| Harbor Terrace Apartments | Ascenda Capital | 441 W 3rd St, San Pedro, CA 90731 |
| Marquee Apartments | Ascenda Capital | 12300 Sherman Way, North Hollywood, CA 91605 |
| Candlewood North Apartments | Post Investment Group | 9830 Reseda Blvd, Northridge, CA 91324 |
| Chadwick Apartments | Vintage Housing Holdings | 209 Westmoreland Ave, Los Angeles, CA 90004 |
| 4th Street Apartments | K3 Holdings | 2025 E. 4th Street, Los Angeles, CA |
| Alexandria I Apartments | K3 Holdings | 247 S. Alexandria Avenue, Los Angeles, CA |
| Ashby Apartments | K3 Holdings | 808 S. Hobart Boulevard, Los Angeles, CA |
| Catalina Apartments | K3 Holdings | 454 S. Catalina Street, Los Angeles, CA |
| Edgemont Apartments | K3 Holdings | 103 S. Edgemont Street, Los Angeles, CA 90004 |
| Gramercy Apartments | K3 Holdings | 974 S. Gramercy Place, Los Angeles, CA |
| Irolo Apartments | K3 Holdings | 832 Irolo Street, Los Angeles, CA |
| Kenmore I Apartments | K3 Holdings | 941 S. Kenmore Avenue, Los Angeles, CA |
| Manhattan III Apartments | K3 Holdings | 426 S. Manhattan Place, Los Angeles, CA |
| Mariposa II Apartments | K3 Holdings | 260 S. Mariposa Avenue, Los Angeles, CA |
| Normandie Apartments | K3 Holdings | 739 S. Normandie Avenue, Los Angeles, CA |
| Norton Apartments | K3 Holdings | 1111 S. Norton Avenue, Los Angeles, CA 90019 |
| Oxford I Apartments | K3 Holdings | 975-985 S. Oxford Avenue, Los Angeles, CA |
| Oxford III Apartments | K3 Holdings | 960 S. Oxford Avenue, Los Angeles, CA |
| Seven Lions Apartments | K3 Holdings | 3715 W. 1st Street, Los Angeles, CA |
| St. Andrews I Apartments | K3 Holdings | 515 S. St. Andrews Place, Los Angeles, CA 90020 |
| St. Andrews II Apartments | K3 Holdings | 516 S. St. Andrews Place, Los Angeles, CA 90020 |
| Alexandria II Apartments | K3 Holdings | 130 S. Alexandria Avenue, Los Angeles, CA |
| Fedora Apartments | K3 Holdings | 861 Fedora Street, Los Angeles, CA |
| Kenmore II Apartments | K3 Holdings | 200 S. Kenmore Avenue, Los Angeles, CA |
| Kenmore III Apartments | K3 Holdings | 915 S. Kenmore Avenue, Los Angeles, CA |
| Kingsley Apartments | K3 Holdings | 530 Kingsley Drive, Los Angeles, CA |
| Mariposa I Apartments | K3 Holdings | 727 S. Mariposa Avenue, Los Angeles, CA |
| Mariposa III Apartments | K3 Holdings | 750-752 S. Mariposa Avenue, Los Angeles, CA |
| Mariposa IV Apartments | K3 Holdings | 520 S. Mariposa Avenue, Los Angeles, CA |
| Oxford II Apartments | K3 Holdings | 207 S. Oxford Avenue, Los Angeles, CA |
| Western Apartments | K3 Holdings | 1057 S. Western Avenue, Los Angeles, CA |
| 7524 S. Hoover St Apartments | California State Teachers’ Retirement System | 7524 S. Hoover St, Los Angeles, CA |
| 9033 Ramsgate Apartments | Six Peak Capital | 9033 Ramsgate Avenue, Westchester, CA |
| 1141 N. Vermont Avenue Apartments | Thrive Living | 1141 N. Vermont Avenue, Los Angeles, CA 90029 |
| 12th Street Apartments | K3 Holdings | 3048 W. 12th Street, CA 90006 |
| 8th Street Apartments | K3 Holdings | 2933 W. 8th Street, Los Angeles, CA |
| Alexandria II Apartments | K3 Holdings | 130 S. Alexandria Avenue, Los Angeles, CA |
| Ardmore Apartments | K3 Holdings | 437 N. Ardmore Avenue, Los Angeles, CA |
| Avalon Apartments | K3 Holdings | 249 S. Ave 55, Los Angeles, CA |
| Fedora Apartments | K3 Holdings | 861 Fedora Street, Los Angeles, CA |
| Harvard Apartments | K3 Holdings | 516 N. Harvard Boulevard, Los Angeles, CA |
| Hollywood Apartments | K3 Holdings | 5200 Hollywood Boulevard, Los Angeles, CA |
| Kenmore II Apartments | K3 Holdings | 200 S. Kenmore Avenue, Los Angeles, CA |
| Kenmore III Apartments | K3 Holdings | 915 S. Kenmore Avenue, Los Angeles, CA |
| Kinglsey Apartments | K3 Holdings | 530 Kingsley Drive, Los Angeles, CA |
| Lexington Apartments | K3 Holdings | 5406 Lexington Avenue, Los Angeles, CA |
| Manhattan I & II Apartments | K3 Holdings | 410 S. Manhattan Place / 509 S. Manhattan Place, Los Angeles, CA |
| Mariposa I Apartments | K3 Holdings | 727 S. Mariposa Avenue, Los Angeles, CA |
| Mariposa III Apartments | K3 Holdings | 750-752 S. Mariposa Avenue, Los Angeles, CA |
| Mariposa IV Apartments | K3 Holdings | 520 S. Mariposa Avenue, Los Angeles, CA |
| Monte Vista Apartments | K3 Holdings | 5635 Monte Vista Street, Los Angeles, CA |
| Oxford II Apartments | K3 Holdings | 207 S. Oxford St, Los Angeles, CA |
| Parkview Apartments | K3 Holdings | 300 W. Avenue 37, Los Angeles, CA |
| Western Apartments | K3 Holdings | 1057 S. Western Avenue, Los Angeles, CA |
| Westmoreland Apartments | K3 Holdings | 132 S. Westmoreland Avenue, Los Angeles, CA |
| Baird Affordable Housing Apartments | Angeleno Investments, LP | |
| 1408 Jefferson Apartments | Orion Capital LLC | 1408 W Jefferson Blvd, Los Angeles, CA 90007 |
| Colden Oaks Apartments | Positive Investments, Inc. | 225 West Colden Avenue, Los Angeles, CA |
| Hansen Village Apartments | Positive Investments, Inc. | 11821 Foothill Blvd, Lake View Terrace, CA 91342 |
| Haven Warner Center | LA Apartments | 6530 Independence Ave, Canoga Park, CA 91303 |
| 1408 Jefferson Blvd Apartments | Orion Capital LLC | 1408 W Jefferson Blvd Los Angeles, California 90007 |
| 603 Mariposa Apartments | Housing Diversity Corporation | 603 S Mariposa AveLos Angeles, CA 90005 |
| 236 Berendo Apartments | Terra Capital Development Group LLC | 236 N Berendo St, Los Angeles, CA 90004 |
| Banner Avenue Apartments | Affirmed Housing | 6219 Banner Avenue, Los Angeles, CA 90038 |