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Low Income (LIHTC)Waitlist Closed

Montecito Apts

6650 Franklin Ave, Los Angeles, CA, 90028

Information verified April 18, 2026ยทWe re-check waiting list status daily

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About This Property

Montecito Apts comprises 116 units in Los Angeles, California, with 115 designated as low-income housing. The property, which opened in 2012, includes 40 studios, 75 one-bedroom units, and one two-bedroom unit designed to serve elderly residents. The non-profit-owned community is funded through tax-exempt bonds and utilizes 4% Low-Income Housing Tax Credits.

Waitlist Information

Waitlist managed by Housing Authority of the City of Los Angeles

Public Housing Waitlist
Closed

The Public Housing waitlist is currently closed. Information regarding future openings is not available on this page.

Last verified April 11, 2026
Section 8 (HCV) Waitlist
Closed

The Housing Choice Voucher (HCV) program waitlist is currently closed. Information regarding future openings is not available on this page.

Last verified April 11, 2026

Waitlist data provided by section8waitlist.org

Updated April 17, 2026

Property Details

Total Units
116
Studio
40
1 Bedroom
75
2 Bedroom
1

Fair Market Rent - Los Angeles County, CA

FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.

BedroomsFMR
Studio/Efficiency$1,777
1 Bedroom$2,006
2 Bedroom$2,544
3 Bedroom$3,263
4 Bedroom$3,600

Income Limits - Los Angeles County, CA

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person
Extremely Low (30%)
$24,850
Very Low (50%)
$41,400
Low (80%)
$66,250
2 Persons
Extremely Low (30%)
$28,400
Very Low (50%)
$47,300
Low (80%)
$75,700
3 Persons
Extremely Low (30%)
$31,950
Very Low (50%)
$53,200
Low (80%)
$85,150
4 Persons
Extremely Low (30%)
$35,450
Very Low (50%)
$59,100
Low (80%)
$94,600
5 Persons
Extremely Low (30%)
$38,300
Very Low (50%)
$63,850
Low (80%)
$102,200
6 Persons
Extremely Low (30%)
$41,150
Very Low (50%)
$68,600
Low (80%)
$109,750
7 Persons
Extremely Low (30%)
$44,000
Very Low (50%)
$73,300
Low (80%)
$117,350
8 Persons
Extremely Low (30%)
$46,800
Very Low (50%)
$78,050
Low (80%)
$124,900

Tax Credit Program Details

Year Placed in Service
2012
LIHTC Credit Type
4%
Low-Income Units
115 / 116
Target Population
Elderly
Funding Programs
Tax-Exempt Bond
Designations
Non-ProfitDifficult Development Area

Frequently Asked Questions

What is the average rent for affordable housing in Los Angeles, CA?+

The Fair Market Rent (FMR) for Los Angeles County, CA is: $1777 (Studio), $2006 (1BR), $2544 (2BR), $3263 (3BR), $3600 (4BR). Actual rent at subsidized properties like Montecito Apts is typically 30% of household income or less.

What size apartments are available at Montecito Apts?+

Montecito Apts offers the following unit types: 40 Studio, 75 One-Bedroom, 1 Two-Bedroom units, for a total of 116 units.

Is there a waitlist for Montecito Apts?+

Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.

How do I apply for housing at Montecito Apts?+

Montecito Apts is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.

Who manages Montecito Apts?+

Montecito Apts is managed by . You can reach them at .

What are the income limits for affordable housing in Los Angeles County, CA?+

For a 4-person household in Los Angeles County, CA, the income limits are: Extremely Low Income (30% AMI): $35,450, Very Low Income (50% AMI): $59,100, Low Income (80% AMI): $94,600. These limits are set by HUD and updated annually.

What is the price range for apartments in Los Angeles, CA?+

Based on Fair Market Rent for Los Angeles County, the estimated price range is: 1-bedroom: $2006, 2-bedroom: $2544. Actual rent at Montecito Apts may be lower for income-eligible households.

Who is eligible to live at Montecito Apts?+

Montecito Apts primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.

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Contact Information

Walk Score

Walker's Paradise

95
Walk
66
Transit
41
Bike

Nearby Schools

Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.

Location

Los Angeles County, CA

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Housing Resources in Los Angeles, CA

HUD-Approved Counseling Agencies

EAST LA COMMUNITY CORPORATION (ELACC)

Mortgage Delinquency and Default Resolution CounselingPre-Purchase CounselingPre-Purchase Homebuyer Education Workshops

FAITH AND COMMUNITY EMPOWERMENT FORMERLY KOREAN CHURCHES FOR COMMUNITY DEVELOPMENT

Mortgage Delinquency and Default Resolution CounselingPre-Purchase CounselingPre-Purchase Homebuyer Education Workshops

KOREAN RESOURCE CENTER

Financial Management/Budget CounselingFinancialBudgeting