Acquired in 2004, Alice Court Apartment Homes is a single-resident occupancy (SRO) community that offers 27 "efficiency" units featuring 400 square feet of living space for individuals who earn between $19,550 and $32,550 (30% to 50% of area median income). The property's craftsman-style architecture is designed to seamlessly integrate into the surrounding neighborhood. Interior courtyards and breezeways provoke an atmosphere of peace and awareness of the ocean's nearby presence.
The property owner is Laguna Housing Partners LP, of which Jamboree is the Managing General Partner, providing project oversight as well as resident services through our resident services group, Housing with HEART. Related/Laguna Development Company LLC is the Administrative General Partner and project developer. Related's property management division manages daily onsite operations.