6552 Woodman, Van Nuys, CA 91401

Property Description

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 Status:

Active

Date Added:

January 28, 2026

Data Last Updated:

February 16, 2026 at 2:16PM

Listing Office:

HiLine Inc. : 818-290-7000

Listing Agent:

Levon Terzian : 8182907000

MLS ID:

SR26020795

Location

• Road/Access: City Street
• HOA Amenities: 0.0
• Originating MLS: CRMLS_CRM
• County: Los Angeles

Lot

• Zoning: R32329002009
• View: None
• Fencing: Chain Link
• Current Use: Multi-Family

Utilities

• Utilities: Cable AvailableElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater ConnectedElectricity - On Property
• Water: Public
• Sewer: Public Sewer

Financial

• Source: CRMLS_CRM