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6552 Woodman, 
Van Nuys (Los Angeles), CA 91401

$2,000,000


Bed


Bath


-

Sq Ft


0.32

Acres (Lot)


Land

Active

Listed by

Levon Terzian

Hiline Inc.

Last updated:

January 29, 2026, 05:59 PM

MLS#

CRSR26020795

Source:

CAMAXMLS

About This Land

6552 Woodman

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

Land Facts

Description/Design:

Land

Lot Size (Acres)

0.32

MLS #:

CRSR26020795

Last Updated:

January 29, 2026, 05:59 PM

Added:

1 day(s) ago


Finances & Disclosures

Finances

Price:

$2,000,000

MLS Logo
Bay East 2026. CCAR 2026 bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at January 29, 2026

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.