Royals Apartments I & II is managed by Preservation Partners Management Group, Inc..
Royals are studio, one-bedroom, and family low-rise affordable housing apartment communities located in Los Angeles, CA. A scattered site, Royals communities are located in a 14-mile range from the University of Southern California up to Paramount Studios. Originally rehabilitated in 1960, Jamboree completed another full renovation of the Royals in 2005. Situated in walkable areas, all Royals locations have a gated entry and many have onsite parking as well.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
Studio (Studio/1) | 365 | Call for Price |
One Bedroom (1/1) | 450 | Call for Price |
Two Bedroom (2/1) | 556 | Call for Price |
Three Bedroom (3/1) | 740 | Call for Price |
Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.