MLS® ID: 180012460
3565 Van Dyke Ave.
San Diego, California, 92105 $2,370,000
We are pleased to present 3565 Van Dyke Avenue apartments, a well maintained 14-unit low income housing property located in the bustling City Heights neighborhood of San Diego, California. Constructed in 1969, the property is positioned on 0.32 acres and is comprised of 2 one-bedroom/one-bath units, 9 two-bedroom/one-bath units, 1 three-bedroom/two-bath unit and 2 four-bedroom/two-bath units. Residents are centrally located in San Diego near ground zero of City Heights new urban core. AFFORDABILITY RESTRICTIONS Total Restricted Units: 13 of 14 Units. Term: 55-Years from Effective Date May 10, 1997. Restriction Criteria: Units shall be rented exclusively to persons or households whose gross annual income does not exceed 50% of the then current median income for the San Diego Standard Metropolitan Statistical Area, established periodically by HUD. Resale Requirements: The occupancy and rent limits remain effective over the life of the LURA (Land Use Restriction Agreement).