Elm Avenue Apartments
530 Elm Avenue, Long Beach, CA 90802
Last Updated: 5/30/23
-
Historic Building
Solar Panels
-
5 General Affordable Units
11 Permanent Supportive Units
-
16 studios
1 manager’s apartment
-
Acquired: 2007
Construction: 2007
Live: 2008
-
$300,984*
Elm Avenue Apartments is a substantial rehabilitation of a 1926 apartment building located in historic downtown Long Beach, and was Holos Communities’ first project in the region. The complex offers 16 studios for households earning between 25 percent and 60 percent of the area median income*.
The building housing Elm Avenue Apartments is a historic building, with construction focusing on the restoration of the Tudor façade and wood casement windows to compliment the Craftsman-era homes and small apartment buildings of the surrounding Downtown Arts District. The property is fitted with solar panels that help meet the building’s electricity needs.
Named after the street where the building is located, Elm Avenue Apartments was a substantial rehabilitation of a 1926 apartment building located in historic downtown Long Beach. Elm Avenue Apartments is housed in a historic building, with a restored Tudor façade. The complex compliments the Craftsman-era homes and small apartment buildings of the surrounding Downtown Arts District. The building is fitted with solar panels that help meet tenant’s electricity needs. Elm offers 16 studios for households earning between 25 percent and 60 percent of the area median income* and has excellent access to supportive services focusing on mental health, disability and other needs.
Elm Avenue Apartments is well-served by public transportation, with the Blue Line a 3-minute walk from the complex and several bus stops for the LA Metro and Long Beach transit nearby. Local grocery stores include El Super just across the street and Sinaloa Meat Market a 4-minute walk away.
The complex has several schools nearby, including Oropeza Elementary School, Edison Elementary, Cesar Chavez Elementary School, Stevenson Elementary School, Benjamin Franklin Junior High, and Boyd High School.
Operations Partners
Construction Team
Capital Funders
Additional Funding Details:
City of Long Beach: HOME Investment Partnerships Program (HOME)
California Housing and Community Development (HCD): Governor's Homeless Initiative (GHI)
Citibank, N.A.: Federal Home Loan Bank of San Francisco's Affordable Housing Program (FHLB-SF AHP)
Enterprise Community: Partners Tax Credit Allocation Committee (TCAC)
Housing and Community Development (HUD): Shelter Plus Care Program (now known as the Continuum of Care (CoC) Program)
How To Get Involved
Join us in the fight to house the houseless and mitigate the impacts of climate change and racial inequity. Whether you are able to donate to support our mission, would like to learn about investing in affordable housing, or have land on which you’d like to develop, we’d like to hear from you. The challenges we face are great, but we can do more together.
Leasing Information
Are you looking for an affordable apartment? Is your small business in need of commercial space? Explore vacancies at our community buildings and learn more about the application process.