Property Detail

6552 Woodman

Van Nuys CA 91401

$2,000,000

Status: Active

Property Details

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 develop

Map Location

Listing provided courtesy of Levon Terzian of HiLine Inc.. Last updated . Listing information © 2025 PACIFICSOTHEBYSFULLSANDICORCOMBINED.

Marlene Kindt

Marlene Kindt

CA DRE #02087349
Brokerage DRE#
Inquire Now
realestateisgreat! Real estate 9:00 AM - 7:00 PM 9:00 AM - 7:00 PM 9:00 AM - 7:00 PM 9:00 AM - 7:00 PM 9:00 AM - 7:00 PM 9:00 AM - 7:00 PM 9:00 AM - 7:00 PM https://static.royacdn.com/Site-6432d720-bcd9-459c-9a8e-73f9891ae0d5/Assets/marlene_kindt_headshot_min.jpg Realtor® # # # https://static.royacdn.com/Site-6432d720-bcd9-459c-9a8e-73f9891ae0d5/Assets/marlene_kindt_headshot_min.jpg Keller Williams La Jolla 7979 Ivanhoe Avenue, Suite 350 La Jolla, CA 92037 02087349 697810 01932411 https://www.realtor.com/realestateagents/5de6d3955e36820013979742 01932411 8584579400