Redwood Terrace · Apartments for Rent

Welcome to Redwood Terrace, a spacious 1Bd/1Ba apartment located in the heart of San Diego, CA. This ground floor apartment comes with a patio, perfect for enjoying the beautiful California weather. The apartment is located in a small, gated community that offers a sense of security and community. The on-site management is always ready to assist with any needs or concerns. The building is equipped with an elevator for easy access to all floors. For your convenience, there is an on-site laundry facility, so you never have to worry about finding a laundromat. The community also features a BBQ area and is a pet-friendly community, with dogs allowed upon approval. The entire property is smoke-free with 80% of the complex required to be either 55+ or Disabled in compliance with Conditional Use Permit 0542 with San Diego City. Come and enjoy the comfort and convenience of this wonderful community! Redwood Terrace – Large 1 Bed / 1 Bath (Ground Floor, Unit #18) Must meet CUP requirement: 55+ or Disabled 225 Redwood St., San Diego, CA 92103 Unit #18 Highlights: – Spacious 1 bed / 1 bath, ground floor – Plank &Tile flooring, A/C, and fireplace – Private patio with scenic canyon view Community Features: – Smoke-free property – On-site laundry and management – Community BBQ area – Street parking (garage $40/month when available) – Easy access to public transit, downtown, and shopping Pet Policy: – Dogs welcome (breed restrictions apply) – 1 dog: $35/month | 2 dogs: $50/month Utilities: – All utilities paid by tenant – Water, trash, and sewage billed via RUBS (based on occupancy & unit size) – Off-site storage options: www stratprop com RENT & LEASE TERMS - Application Fee: $35 per adult (18+) Rental Requirements: Each resident over the age of 18 must submit a separate rental application. Application Fee: $35 Income: Must meet 2.5x rent (Section 8/VASH applicants considered based on portion of rent). QUALIFYING CRITERIA CUP-0542 Requirements: Age 55+ or Disability: 80% of our residents must be 55+ years old or disabled Qualifying Disability per SDHC for CUP: *Supplemental Security Income (SSI) benefits letter, or *MediCal Recipient for Age, Disability, or Blindness, or *In-Home Supportive Services Recipient Letter, or *Letter of Disability from the Access to Independence for the Disabled or VA To qualify, applicants must have a minimum 650 credit score, gross monthly income of at least 2.5x the rent, no recent evictions, no landlord debt in the past 7 years, no negative rental history, no negative utility accounts, and minimal collections. All applicants must be 18 or older. Applicants who do not meet all criteria may be considered with a strong guarantor. Credit Requirements: ON APPROVED CREDIT Credit Score - Additional Items - Approval Terms Above 700 - No criminal, eviction, or collection items. - Deposit 50% of rent Between 699- 650 - No criminal, eviction, or collection items. - One month’s rent Below 650 - With any misdemeanor criminal or collection items. - One month’s rent with cosigner APPLICANT INCOME AND FINANCIAL VERIFICATION STANDARDS Income Requirements Applicants must demonstrate gross monthly income equal to at least two and one-half (2.5) times the monthly rent unless otherwise required by ownership, affordable housing regulations, or program guidelines. All income must be legal, verifiable, and reasonably expected to continue. Management reserves the right to request additional documentation, deny unverifiable income..