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Elm Avenue Apartments

530 Elm Avenue, Long Beach, CA 90802

Last Updated: 5/30/23

 17

Total Units

11

Permanent Supportive Units

63%

Tenant Satisfaction

94%

Housing Retention Rate*

48

Solar Panels

13k

Kilowatt-hours of electricity Generated/Yr*

    • 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. 

 

Historic Building

 

Rooftop Solar Panels

 

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

 

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Leasing Information

 

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