6552 Woodman, Van Nuys, CA 91401
Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
6552 Woodman,Van Nuys, CA 91401
$2,000,000
- 0.32 Acres
- Lots / Land
- Active
Listed by: levon terzian8182907000
Office: hiline inc.
MLS#:SR26020795
Source:CAREIL
Price summary
- Price:$2,000,000
About this home
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...
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Home facts
- Listing ID #:SR26020795
- Added:60 day(s) ago
- Updated:March 31, 2026 at 04:23 PM
Structure and exterior
- Lot area:0.32 Acres
- Lot Features:Level, Mid Block
Utilities
- Water:District - Public
Finances and disclosures
- Price:$2,000,000
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