55% AMI Tier
LOS ANGELES • 90027 13 TOC Units
Hollywood Bungalow Courts (site 4)
1554 N SERRANO AVE, Los Angeles, CA 90027
Hollywood Bungalow Courts (site 4) Map & Location
Coordinates: 34.0999, -118.3070 | ~25 min to Downtown LA
Starting Estimated Rent
~$1320/mo
Save ~$1580/mo
Min 30x Rent Floor
$39,600
30x monthly total rent
1-Person Income Cap
$54,100
Statutory 55% Cap
2-Person Income Cap
$61,850
Combined gross income
Building & Leasing Details
- Management / Developer
- BARKER MANAGEMENT INCORPORATED
- District / Area
- LOS ANGELES
- Leasing Phone
- (714) 533-3450
- Housing Department Portal
- Visit LAHD Portal →
Source: City of Los Angeles Housing Department (LAHD) public registry.
Required Application Documents
Per City of Los Angeles Housing Department (LAHD) and California TCAC compliance guidelines, leasing agents must verify all items below before approving BMR/TOC lease files.
- 3 Consecutive Months of Complete Bank Statements: From all personal, checking, and digital payment accounts (CashApp, Venmo, Zelle).
- Last 4–6 Consecutive Pay Stubs / 1099 Tax Returns: Plus Schedule C and corroborating bank deposits if self-employed.
- Student Status Certification: Full-time students must meet specific HUD/CTCAC family/single-parent/TANF exceptions; part-time students qualify normally.
- HR Employment Verification: Employer letter stating start date, title, gross rate of pay, and average hours worked per week.
Qualification Corridor
The 30x Rule Floor
You must earn at least $39,600/year (~$3300/month) to satisfy landlord rent-to-income requirements.
The Statutory AMI Ceiling
You cannot earn more than $54,100 (1 person) or $61,850 (2 persons) to qualify under city law.
Parking & Surcharges
Under TOC guidelines, residential parking may be leased separately (~$100–$150/mo). Trash and water are typically included in base rent.
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