Monarch Homes

3268 SAN PABLO AVE, Oakland | Map
Coming Soon

Monarch presents a unique opportunity to increase the City of Oakland’s supply of much needed affordable housing for low-income senior households. SAHA is developing the property with a new rental housing community consisting of 51 apartments affordable to low and extremely low-income seniors aged 62+. Thirteen units will be set aside for extremely low-income seniors at risk of homelessness and an additional 13 units will be reserved for low-income senior veterans.

Residents will enjoy beautifully designed common spaces and a robust selection of on‐site services to support wellness, inependent living, and aging-in-place. The residential development is a new five-story building comprised of wood frame structure over a concrete podium parking garage. Ground level spaces include an entry lobby, a large community room with a full kitchen, offices for supportive services and property management, a large outdoor open space, and an enclosed garage with 13 parking spaces. Upper floors feature a mix of 13 studio and 38 one-bedroom residential units, as well as a fourth-floor fitness room that opens up to a landscaped community terrace.

SAHA began construction in July of 2019 and anticipates completion in December 2020.

Estimated Completion
December, 2020
Income Level
20-60% AMI
Resident Population
  • Seniors
  • Households at Risk of Homelessness
  • Veterans
Architect
HKIT Architects
Contractor
Nibbi Brothers General Contractors
Cost
$36.0 Million
Financing Partners
  • City of Oakland
  • Oakland Housing Authority
  • Alameda County
  • HCD Accordable Housing & Sustainable Communities
  • HCD Infill Infrastructure Grant
  • FHLB AHP
  • Silicon Valley Bank
  • California Community Reinvestment Corporation
  • Raymond James Tax Credit Funds
Property Manager
SAHA PM
Services Coordinator
SAHA