6552 Woodman

Van Nuys, CA 91401
  • $2,000,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 0

    SqFt

About the Listing SR0226100 - SR165108282

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 control all future development, financing, and exit strategy. PROJECT OVERVIEW 46-unit senior affordable housing development 100% one-bedroom units Strong unmet demand / near-zero absorption risk Government-supported income stream Clear institutional exit strategy upon stabilization This opportunity is well suited for investors seeking capital protection, defined returns, or full ownership of a mission-critical senior housing development in Los Angeles. Full underwriting materials and the Private Placement Memorandum (PPM) are available upon request to qualified parties.

Listing Highlights

Status Active
Days on Site 3
Property Type Vacant Land
MLS ® SR26020795
Year Built
Total Square Footage 0
Lot/Acreage 0.32

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Rectangular Lot,Street Level,No Land Lease
  • Garage Capacity: N/A
  • Zoning: R3
  • Roof:
  • Others:
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 2329002009
  • Tax Year: N/A

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6552 Woodman Van Nuys, CA 91401

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Originating MLS: CRMLS

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