Property Details
About this Property
Senior Affordable Housing Development – Equity Partnership for $2,000,000 or Outright Purchase for $3,500,000 HiLine, on behalf of Evexia Group, Inc., is offering a 46-unit senior affordable housing development opportunity located in Van Nuys, CA. Interested parties may participate through either a 50% equity partnership or an outright acquisition. The Project consists of 100% one-bedroom, ADA-compliant senior units (age 62+) and benefits from government-supported rental income (HUD & Section 8) as well as Executive Directive 1 (ED-1), materially reducing entitlement timelines and development risk. OPTION 1 – 50% EQUITY PARTNERSHIP Equity Offered: 50% ownership interest Total Equity Raise: $2,000,000 Minimum Investment: $100,000 Investment Horizon: Approximately 36 months Investor Returns: 100% return of invested capital + $1,000,000 guaranteed return on the $2,000,000 equity raise Total target investor payout: $3,000,000 Implied annualized return: ~16.66% Annual return Returns may increase based on final sales price and net project performance. OPTION 2 – OUTRIGHT PURCHASE Purchase Price: $3,500,000 Opportunity to acquire the Project outright and c
MLS Listing Information
MLS #
CRSR26020795
MLS Source
California Regional MLS
Days on Site
3
Lots & Land Information
Fencing
ChainLink
Lot Description
Grade - Level
Parking, School, and Other Information
HOA Fee
$0
Zoning
LWS, LX, LSR
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
6552 Woodman is in Van Nuys, CA 91401. This Land is currently priced at $2,000,000. This address can also be written as 6552 Woodman, Van Nuys, CA 91401.
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This listing information is up-to-date as of January 29, 2026. For the most current information, please contact Levon Terzian, (818) 290-7000
