Harbor Terrace
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Year Built:1987
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Unit Count:93
Opportunity
Harbor Terrace is a 93-unit apartment complex in a booming community with strong rental growth, robust home prices, and exceptionally low vacancy rates. Located just south of Los Angeles, San Pedro has been undergoing a major transformation — with an influx of public and private investment — and now is one of LA’s fastest growing submarkets, featuring expansive beaches, a flourishing downtown art scene, robust tourism, and, due to its proximity to one of the busiest ports in the country, strong employment and diverse industry.
Impact
In a distinctive partnership, Post and its non-profit partner, in conjunction with public agencies, converted the asset to workforce housing, creating much-needed affordable housing for the community by setting aside 100% of the units for those earning at or below 80% of area median income.
Community Highlights
- Fitness center
- EV charging stations
- On-site laundry facilities
- Open-air courtyard
- Private patios and balconies
- EPA ENERGY STAR certified
- Parking garage
- Gated community
- 24-hour package lockers
Unit Amenities
- Stainless steel appliances
- Quartz countertops*
- Cherry-wood cabinets*
- Gray modern finish cabinets*
- Stainless steel appliances*
*Select units