CAMINO AL ORO
Los Angeles, CAClient:
AMCAL Multihousing, Inc.
Area:
1.54 Acres
Units:
102 Affordable Senior Apts.
Unit Size:
560 to 750 sf
Located in the historic Lincoln Heights neighborhood northeast of downtown Los Angeles and just east of Dodger Stadium, Camino Al Oro offers 102 affordable senior units conveniently adjacent to the new Avenue 26 Gold Line Station. Completed and occupied in 2006, this serviceable project was funded by 9% Low-Income Housing Tax Credit equity along with developer and investor equity.
Camino Al Oro is part of the Avenue 26 urban mixed income, mixed-use master development that includes senior apartments, workforce apartments, market-rate condominiums, lofts and retail shops. This project replaced a blighted, vacant warehouse and is helping to revitalize a historic neighborhood northeast of downtown Los Angeles.
The new housing is located next to the new Avenue 26 Gold Line Station northeast of downtown Los Angeles. The 5 and 110 freeways close by make the site a convenient location. The retail space includes various amenities for the neighborhood, as well as the Gold Line riders.
