Serrano

979 S Serrano Ave, Los Angeles, California 90006

The Serrano is a 46-unit building, consists of one, two, and three-bedroom floor plans. The 7 – story modern structure fits within the surrounding three-block historic Wilshire Apartment District.

Organized around a large, central courtyard featuring a children’s play area and benches, The Serrano provides ample open space and a community atmosphere for the residents.

Each of the units is individually wired for high-speed Internet and equipped with the most modern, energy-efficient appliances.

Unit (Bd/Ba)	Ft²	Rent
1 Bedroom (1/1)	713	Call for Price
2 Bedroom (2/1.5)	900	Call for Price
3 Bedroom (3/2)	1145	Call for Price

Eligibility for Serrano

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Los Angeles but actual income limits may differ for units at Serrano.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
Very Low Income (50%)	$44,150	$50,450	$56,750	$63,050	$68,100	$73,150
Low Income (60%)	$52,980	$60,540	$68,100	$75,660	$81,720	$87,780

Serrano Details

43 one, two and three bedroom units.
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

Playground
Grilling Area

Unit Amenities

Refrigerator
Oven and Range

Low-Income Housing Tax Credit (LIHTC)

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.