ADDRESS:
104 Averil Road
San Ysidro, CA 92173
(619) 428-1400
PROJECT DESCRIPTION:
Las Palmas Foundation and Global Premier Development partnered in building this 45-unit large family apartment community in San Ysidro, California. El Pedregal opened in May of 2010 and provides high-quality affordable apartments for large families in San Diego County. The community was named “2011 HOUSING PROJECT OF THE YEAR, 50 Units or Less” by San Diego Housing Federation.
AMENITIES INCLUDE:
Recreation Center
Community Room
Full-service kitchen facilities
Computer center with internet access
Picnic area
Children’s play area
Basketball Court
Laundry facilities
The project is located in a revitalization area which includes the development of Southwestern Community College, which is to the south of the project site. The project targets families at 30% to 60% of the area median income.
PROPERTY MGMT: Buckingham Property Management
FINANCING:
Tax Credit Equity Investor: SunAmerica
Construction and Permanent Lender: SunAmerica, Prudential
UNIT MIX:
45 units
Number of Units / Bedrooms / Unit Size
20/ 3 / 1150 sq. ft.
24 / 4 / 1400 sq. ft.
Equal Opportunity Housing100% AFFORDABLE:
5 units are at 30% AMI
5 units are at 40% AMI
22 units are at 50% AMI
12 units are at 60% AMI
RESIDENT SERVICES: More Information Coming Soon
