Telacu Monterey Park Plaza

Overview

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Located in the vibrant community of Monterey Park, California, Telacu Monterey Park Plaza stands as a beacon of service and empowerment. Established in 1968, TELACU has a long history of pioneering initiatives aimed at fostering self-sufficiency and advancement for its residents. The Plaza is designed to offer a supportive environment where residents can thrive, surrounded by a community that values growth and independence.

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Telacu Monterey Park Plaza offers an array of modern amenities and features to ensure a comfortable and fulfilling living experience. Residents can enjoy a multitude of services tailored to meet their needs, promoting both physical well-being and social engagement. The Plaza’s commitment to creating a nurturing atmosphere is evident in every aspect of its design and operations.

The surrounding neighborhood of Monterey Park provides convenient access to local attractions, shopping centers, and cultural landmarks. This prime location ensures that residents have everything they need within reach, fostering a sense of connection with the broader community. Telacu Monterey Park Plaza truly embodies the mission of TELACU, providing a platform for residents to lead enriched and independent lives.

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Amenities and Features Available to Residents and Their Visitors

Spacious living units
On-site management and maintenance
Community rooms for social events and gatherings
Exercise and wellness facilities
Landscaped outdoor areas
Accessible transportation services
Security and emergency response systems

Sources

TELACU Official Site

Telacu Monterey Park Plaza Location

Address: 200 W Newmark Ave, Monterey Park, CA 91754

Phone: 323-721-1655

Website: https://telacu.com/property_listings/telacu-monterey-park-plaza/

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About Monterey Park, California

Monterey Park, a city located in the state of California (CA), is home to a population of approximately 60,386 people. Monterey Park boasts a median age of 44.7, with around 29.4% of its residents aged 60 or above. 2.2% of the population identifies as US Veterans. 10.4% of Monterey Park residents are disabled. The city has an average household income of $76,892, while the unemployment rate stands at 5.8%, and around 12% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Monterey Park is $769,387, with a monthly rent averaging $1,791.

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About Senior Apartments

It's not just about convenience and affordability; it's about creating a fulfilling lifestyle. Senior apartments are constructed, maintained, and updated to accommodate the 55-plus community. Often age-restricted, senior apartments are designed with accessibility in mind. One to two-bedroom units are standard as well as senior-friendly comfort and amenities. Senior apartments are great for retired adults who want to downsize but still have a social life. Apartment living is appealing to those who dislike yard work or home maintenance. It's also a great option for retired travelers who want peace of mind while away from home. Residents save money with lower expenses because they often include utilities and don't require property taxes.

Types of Senior Apartments

Affordable Senior Apartments - Retirees with low income may be eligible for cheap senior living apartments provided by government housing programs. These apartments are cheaper than usual. The eligibility to rent them depends on factors such as income, family size, and the average income in the area. Keep in mind that services or amenities in low-income senior apartments may be more limited.

Market Rate Senior Apartments - Market-rate senior apartments do not have income limits. Pricing is competitive and based on comparable housing options in the surrounding area. These apartments often come with amenities like community dining, housekeeping, and even transportation services.

Luxury Senior Apartments - Luxury apartments are generally larger, offering up to 2,000 square feet of living space, and boast a wide range of upscale amenities and community activities for their residents. Many luxury apartments are situated within gated communities. The cost of living in these apartments can be quite high, with entrance fees alone often reaching six figures.