La Guadalupe

Boyle Heights, California

Investment
Highlights

2021

Year

$33.7 million

Development Budget

60,000 sqft

Size

Client
Azure Development

Use of Capital
Real Estate Development

La Guadalupe is a five-story, 60,000 sq. ft. mixed-use affordable housing development in Boyle Heights, Los Angeles, providing 44 units of permanent supportive housing for extremely low-income households, including formerly homeless individuals and families. Located across from the historic Mariachi Plaza and less than a mile from Downtown Los Angeles, La Guadalupe strengthens the neighborhood’s commitment to equitable housing and community-driven development.

A collaboration between Azure Development, Many Mansions, and the City of Los Angeles, La Guadalupe integrates on-site case management, financial education, food assistance, transportation support, and life skills training, ensuring residents receive the wraparound services necessary for long-term stability. The development also features 7,100 sq. ft. of ground-floor retail space, a 41-car garage, and 56 bicycle parking stalls, supporting both residents and local businesses while promoting a walkable, transit-oriented environment.

Services Provided by Classic Lake:

  • Investment Assistance

Community & Economic Impacts:

  • Provides 44 units of permanent supportive housing for formerly homeless individuals and extremely low-income families

  • Offers essential supportive services, including case management, financial education, and food assistance, to promote long-term housing stability

  • Activates ground-floor commercial space, creating 7,100 sq. ft. of retail space to support local businesses and economic activity

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New Orleans Area Habitat For Humanity

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Heritage Housing Partners