Listing provided courtesy of Levon Terzian of HiLine Inc.. Last updated 2026-01-30 09:21:28.000000. Listing information © 2025 Sandicor.
Asking Price: $2,000,000 |
6552 Woodman, Van Nuys CA 91401
Community: VN - Van Nuys
This property was built in 0 and is priced at $2,000,000. Please see the additional details below.
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.







