Santa Cruz Terrace was completed in December 2003 for a total development cost of $10.1 million dollars. The developers were New Economics for Women and MBA Development Corporation, in a limited partnership with the National Equity Fund, Inc. The lenders are Bank of America, the Los Angeles Housing Department, the California Equity Fund, and the Federal Home Loan Bank of San Francisco.
- 48 single and multi-family residential apartment units over 65,000 square feet
- 4 one-bedroom units
- 25 two-bedroom units
- 19 three-bedroom units
- 6,547 square feet of commercial leasing space
- A 24-hour security guard monitors the residential entrance