Opening in June 2016, located in the heart of Los Angeles’s Westlake district, the 53-unit building, known as The Paseo at Californian consists of one, two, three, and four bedroom floor plans. The property was funded using Transit Oriented Development Funds (“TOD”), as well as multiple other funding sources. The Red Line McArthur park stop is located within a quarter mile, and all tenants receive a transit pass subsidized as part of their rent. Designed by PSL Architects in a classic Spanish style, the 6-story structure adds an element of sophistication and elegance to the surrounding area. The Paseo at Californian features ample open space and a community terrace overlooking the city. The building also provides for a fully furnished Community Room and Computer Learning Center as well as a play area for the children. Each unit is individually wired for high speed Internet and equipped with energy efficient appliances.
THE PASEO AT CALIFORNIAN
Developer | American Communities
Location | 1901 West Sixth Street, Los Angeles
Units | 53
Total Development Cost | $21,212,399
Per Unit Cost | $400,234
Time to Complete | 22 Months
Status | Completed June 2016
Funding | 9% Tax Credit, HCD TOD, HCIDLA, CDC of the County of Los Angeles
Housing Type | Large Family
Sustainable Features | Awarded LEED Gold: Natural Linoleum, No Volatile Organic Compound Flooring, Carpet and Rug Institute Green Carpeting, Formaldehyde Free Cabinets, Energy Star Kitchen Appliances, Energy Efficient Vinyl Windows, Low-Flow Toilets and Sinks.