Lakeview II - Preserved

32211 Riverside Drive - Lake Elsinore, CA

Previously Owned

Lakeview II is an affordable family community comprised of 1, 2, and 3 bedroom apartments.  The property serves low to very low-income households. Tax-exempt bond financing was provided by Prudential Mortgage Capital. Credit enhancement was provided by Freddie Mac.  Low Income Housing Tax Credits were acquired by Union Bank.  Additional financing was provided by the City of Lake Elsinore Redevelopment Agency.

Renovation highlights include: new roofs, paint, entry doors, energy efficient windows and patio doors, fencing, HVAC systems, signage, and improvements to drainage, landscaping, paving and site accessibility. Kitchens and bathrooms received new cabinets, countertops, appliances, plumbing fixtures, flooring and energy efficient lighting. Additionally, a new community room, computer learning center, picnic area and leasing office were added to enhance the lives of the residents.

Section 8 units are available for qualified households.