6552-6558 Woodman Ave 0.32 Acres of Residential Land Offered at $2,761,400 CAD in Van Nuys, CA 91401

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, Los Angeles County, California. 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. ( Email Vartan@HiLineGroup.com or Call 323-833-8888 )