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Property 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 development in Los Angeles.
Full underwriting materials and the Private Placement Memorandum (PPM) are available upon request to qualified parties.
Full Property Details
Full Property Details for 6552 Woodman
General
- Price: $2,000,000
- Status: Active
- Type: Lots/Land
- Source: MRMLS
- MLS ID: SR26020795
- Updated: 1/28/2026
- Days on Market: 2 days
- Added to Site: 2 day(s) ago
Location
- Area: VN - Van Nuys
- County: Los Angeles
- Development Name: VN - Van Nuys
- Driving Directions: NORTH OF VICTORY ON WOODMAN
- Dist. to Beach: 5 (Miles)
Utilities
- Sewer: Public Sewer
- Water: Public
- Dist. to Water: 5
- Utility Description: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Lot Features
- Property View: None
- Lot Size (Acres): 0.3214
- Lot Size (Sq. Ft.): 14,000
- Lot Size Source: Assessor
- Present Use: Multi-Family
- Potential Use: Multi-Family
- Zoning: R3
- Lot Description: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights
- Fencing (Description): Chain Link
Financial Considerations
- Price Per Sq. Ft.: $142.86
Listed by HiLine Inc., Levon Terzian
Get Pre-Approved Today
Schools
Schools serving 6552 Woodman
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Kittridge Street Elementary School 13619 Kittridge St., Los Angeles, CA 91401 | PK-5 | 0.1 mi |
James Madison Middle School 13000 Hart St., Los Angeles, CA 91605 | 6-8 | 1 mi |
Ulysses S. Grant Senior High School 13000 Oxnard St., Los Angeles, CA 91401 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 6552 Woodman
Date
Details
Price
Change
Source
1/28/2026
Listed
$2,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 6552 Woodman
Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,204
2%
$745,787
4%
2023
$9,030
5%
$716,829
2%
2022
$8,617
-44%
$702,775
2%
2021
$15,331
79%
$688,996
1%
2020
$8,588
4%
$681,932
2%
2019
$8,255
2%
$668,561
2%
2018
$8,124
2%
$655,452
2%
2017
$7,947
17%
$642,600
35%
2016
$6,768
16%
$474,809
2%
2015
$5,821
12%
$467,678
15%
2014
$5,205
6%
$405,000
7%
2013
$4,897
—
$378,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 6552 Woodman
6552 Woodman, Van Nuys, CA 91401 (MLS# SR26020795) is a Lots/Land property with a lot size of 0.3214 acres. 6552 Woodman is currently listed for $2,000,000 and was received on January 28, 2026. Want to learn more about 6552 Woodman? Do you have questions about finding other Lots/Land real estate for sale in Van Nuys - West? You can browse all Van Nuys - West real estate or contact a Coldwell Banker agent to request more information.

