Second Avenue Apartments is a 20-unit development with all units subsidized through a HUD project-based Section 8 contract. The property is located at 1309 2nd Avenue Apartments, Los Angeles, California 90019. The development was originally built in 1922, renovated in 1960, and offers all studio units. All units are located within a two-story building. There is a common laundry room located on-site. Second Avenue Apartments was acquired by PPD in February 2007 for $1,487,000. Renovations were completed in December 2007.