2455 Colorado Boulevard, Los Angeles, CA 90041
To contact a resident: (323) 256-6060
For more information about senior living options: (866) 208-4318
Colorado Terrace Costs & Pricing
Colorado Terrace offers competitive pricing for its residential units, significantly lower than the costs seen in Los Angeles County and throughout California. For a one-bedroom apartment, residents at Colorado Terrace can expect to pay $1,200 per month, a stark contrast to the average of $4,603 in Los Angeles County and $4,340 across the state. Similarly, two-bedroom apartments at Colorado Terrace are priced at $1,700 monthly, while counterparts in Los Angeles County reach an average of $6,164 and $5,270 statewide. This affordability makes Colorado Terrace an attractive option for those seeking quality living without the exorbitant price tag typically associated with California's urban centers.
| Floor plans | Colorado Terrace | Los Angeles County | California |
|---|---|---|---|
| 1 Bedroom | $1,200 | $4,603 | $4,340 |
| 2 Bedrooms | $1,700 | $6,164 | $5,270 |
Senior living communities with a similar price nearby
Overall Review of Colorado Terrace
Pros
The senior-focused community offers one-bedroom and studio layouts with conveniences like central AC, balcony, parking, on-site staff, elevators, and on-site laundry.
Tours are scheduled daily, making it easy for prospective residents to visit.
It is described as a great place to call home.
Colorado Terrace provides a senior-friendly living experience in Los Angeles.
Living near downtown lets residents avoid driving everywhere in favor of a walkable, pedestrian-friendly area.
The surrounding neighborhood offers attractive views to enjoy from the apartment.
The community includes security features such as gated entrances and security cameras for extra safety.
Cons
They state there is no help in emergencies.
They accuse the owner of being a âbloodsuckerâ who raises rents for elderly residents every year.
They describe the administration as poor, rude, unprofessional, and uncooperative, with the highest turnover of staff.
They note there is no rent control and rents increase by hundreds each year.
They report there are no meetings or activities.
They report no security, with gates always broken and frequent car vandalism.
They report bed bug infestation with a slow response.
They report no cleaning service, resulting in dirty elevators, laundry room, and hallways.
They state staff spy on residents and monitor who comes and goes.
They claim refunds are never given for broken laundry machines and security deposits and say they took the matter to court.
They say the place, when viewed, looks like a hotel.
Review
Colorado Terrace is best suited for independent seniors who prize a lightweight, apartment-style living setup in a walkable Los Angeles location, with the conveniences of an on-site staff and basic amenities. It appeals to those who want one-bedroom or studio space, central air, a balcony, parking, elevators, and in-building laundry, all within easy reach of daily errands without relying on a car for every trip. The appeal rests largely on autonomy, convenience, and a central, urban feel rather than on specialized care or a high level of services.
Those evaluating alternatives should be mindful that this community may not be the right fit for anyone needing reliable emergency assistance, consistent staff-driven programming, or strong legal protections around rent and deposits. Families and seniors who require frequent social activities, predictable budgeting, proactive maintenance, or a true 24/7 safety net should look at other offerings. Additionally, residents who value transparency and stable property management will want to compare options with verified financial practices, documented maintenance standards, and fewer turnover issues.
On the upside, the propertyâs strengths lie in location-enabled practicality: near downtown-accessible amenities, with a pedestrian-friendly environment and views that make an urban stay pleasantly livable. The built-in security touches, the gated entrance and surveillance cameras, offer a modicum of reassurance for a neighborhood setting, and the visible on-site staff can help with routine requests. The fact that tours are scheduled daily signals an openness to prospective residents, and the presence of elevators, laundry on-site, and parking are tangible conveniences for daily living.
However, the most consequential drawbacks repeatedly surface in resident feedback. Emergency response is labeled as insufficient, a critical concern for seniors who may need timely assistance. Management and staff turnover is high, accompanied by reports of rude or uncooperative administration and little to no resident engagement or organized activities. Security and upkeep issues bite hard: gates that donât function, car vandalism in the lot, bed bug infestations, and a lack of cleaning leading to dirty elevators, laundry rooms, and hallways. Residents also allege spying on tenants and a pattern of non-refunds for broken machines or security deposits, with some explicitly noting legal action. The overall impression is of a property that looks appealing on paper but falters in execution.
These persistent cons do not robustly offset the listed advantages for most seniors. The allure of a central, light-care independent living arrangement is undermined by unstable finances, unreliable safety nets, and palpable maintenance neglect. For a household weighing long-term stability and peace of mind, the risks highlighted by residents, rising rents without protection, poor housekeeping, and limited resident programming, significantly detract from quality of life. A family or individual must weigh the potential cost of ongoing management disappointments against the convenience of the location and the basic apartment features.
In practical terms, a thorough, bottom-line decision should include a disciplined vetting process: visit and meet with current tenants and staff, scrutinize the lease for rent escalations and deposit terms, request a detailed maintenance history, and verify that security features function consistently. Ask about pest control, housekeeping expectations, and any planned upgrades to common areas. Demand recent references and visit during different times of day to assess activity, safety, and responsiveness. If the response is evasive or the conditions described in reviews feel echoed in the current operation, consider looking at other independent living options that offer stronger protections, clearer governance, and more reliable emergency and maintenance support. For most seniors seeking predictable finances and dependable service, Colorado Terrace should be approached with caution, and alternatives should be seriously considered.














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