Senior Units Projected as First Joint Venture
- Share via
A 1.36-acre site at 5035-5049 Guava Ave., La Mesa, has been purchased from the tax assesor for $600,000 as a first joint venture of T.L. Sheldon Corp. and M.S.Browar Development for a project to be named Guava Gardens.
The partners will build 81 affordable apartments to be rented only to senior citizens, and 20% of the project will be rented to low income seniors at lower than market rents. The project was designed by Alvardo Design & Associates, La Mesa, and will be built by Comfort Construction, also of that area, beginning next March.
Sign up for Essential California
The most important California stories and recommendations in your inbox every morning.
You may occasionally receive promotional content from the Los Angeles Times.
