Affordable Housing Hub
Low Income (LIHTC)Waitlist Closed

Preservation Iii

6427 S Hoover St Apt 5, Los Angeles, CA, 90044

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

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About This Property

Preservation III offers 48 units of affordable housing in Los Angeles, including 44 low-income units designated for elderly residents. The property features 18 studios, 27 one-bedroom units, and 3 two-bedroom units, and has been in service since 2000. Financing includes tax-exempt bonds and 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 18, 2026

Property Details

Total Units
48
Studio
18
1 Bedroom
27
2 Bedroom
3

HUD Inspection Score

81
Good
Inspected January 2019

HUD inspects properties on a 0-100 scale. Scores above 60 are considered passing.

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
2000
LIHTC Credit Type
4%
Low-Income Units
44 / 48
Target Population
Elderly
Funding Programs
Tax-Exempt Bond

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 Preservation Iii is typically 30% of household income or less.

What size apartments are available at Preservation Iii?+

Preservation Iii offers the following unit types: 18 Studio, 27 One-Bedroom, 3 Two-Bedroom units, for a total of 48 units.

Who manages Preservation Iii?+

Preservation Iii is managed by . You can reach them at . Visit their website for more information.

How do I apply for housing at Preservation Iii?+

Preservation Iii is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, 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.

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 Preservation Iii may be lower for income-eligible households.

Who is eligible to live at Preservation Iii?+

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

What is the HUD inspection score for Preservation Iii?+

Preservation Iii has a HUD inspection score of 81 out of 100, which is considered good. HUD inspects subsidized housing properties to ensure they meet minimum health and safety standards. Scores of 60 or above are considered passing.

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.

Is there a waitlist for Preservation Iii?+

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.

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Walk Score

Very Walkable

76
Walk
66
Transit
76
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