225 Redwood Street

** OPEN FLOORPLAN** TOP FLOOR w/Canyon View ** 55 years + or Disabled Only

Redwood Terrace is a 37-unit, gated community, in compliance with California’s Conditional Use Permit (CUP) program with 80% of units available to people aged 55+ or Disabled.

Features:
• Wonderful location near Balboa Park or any of the restaurants in Bankers Hill or Hillcrest
• Smoke-free
• In unit stackable washer/dryer, plank and tile flooring, fireplace, AC, ceiling fan, balcony overlooking Third Ave. & Maple Canyon
• Additional On-site Laundry Room
• On-site Management
• Small Gated Community
• BBQ in courtyard
• Close to Bus transit, shopping, San Diego Zoo, Downtown
• Street parking


Pet rent for dogs- 1 dog $35/month, 2 dogs $50/month (breed restrictions)
Parking space $40/month- when garage space available, currently a wait list for garage parking

For more information or to schedule a viewing, please text resident manager Kari McLoughlin at 619-363-3321 or email [email protected]. For more information on this property as well as other STRAT properties, please visit our website at www.stratprop.com.

Unit 34 is a large 1Bd/1Ba with balcony overlooking Maple Canyon on the 3rd floor and has just been completely remodeled. No utilities are included. Water, trash & sewage is through Multi-family Utility Billing (prorated based on size of unit and occupancy) and added monthly to the tenant ledger. There is no additional storage at Redwood Terrace, however SPMI does have storage facilities that can be located on our website at www.stratprop.com.

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
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

Third party credit bureau reports may also be submitted for additional consideration.

- Background: All applicants subject to criminal background screening in accordance with Fair Housing laws

Occupancy: 1 bedroom- minimum 1 person- maximum 3 people.

Apply online at www.stratprop.com text/call 619-363-3321.
Equal Housing Opportunity