Las Coronas

Las Coronas apartments (23 units), were built in 1972, were acquired by SER in 1996.  The apartments were purchased and rehabbed with assistance from the City of Oceanside who provided a loan for $600,000 of HOME funds.  These apartments provide affordable housing for low-income residents in an area where rents and mortgages are outside the reach of many.  This property has maintained a positive cash flow since its opening.