Senior Affordable Housing
6552 Woodman Avenue Van Nuys, CA 91401
For Sale
$2,000,000
46-unit affordable senior project featuring ADA-compliant, 100% one-bedroom units for residents age 62+.
Days on Market198
Property Features for 6552 Woodman Avenue
General Information
- Standard status
- Active
- Property subtype
- Lot/Land
Listing Agency:
HiLine Inc.
(818) 290-7000
Listed By:
Levon Terzian · License #01792635
(818) 290-7000
Source:
Compass
Added: Jan 6
Changed: Jul 23
Last Checked: Jul 23 at 2:44AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HiLine Inc.
Investment Insights
Based on property information with market context.
HiLine, on behalf of Evexia Group, Inc., is offering an equity partnership or outright purchase opportunity for a 46-unit senior affordable housing development located at 6552 Woodman Avenue in Van Nuys, CA.
The project is planned as 100% one-bedroom units with ADA compliance and an age-restricted tenant base of 62+. The offering is described as benefiting from government-supported rental income, including HUD and Section 8, and from Executive Directive 1 (ED-1), which is presented as materially reducing entitlement timelines and development risk.
Interested parties can participate through a 50% equity partnership (with an equity raise of $2,000,000) or an outright acquisition (purchase price of $3,500,000). Underwriting materials and a Private Placement Memorandum (PPM) are available upon request to qualified parties.
The project is planned as 100% one-bedroom units with ADA compliance and an age-restricted tenant base of 62+. The offering is described as benefiting from government-supported rental income, including HUD and Section 8, and from Executive Directive 1 (ED-1), which is presented as materially reducing entitlement timelines and development risk.
Interested parties can participate through a 50% equity partnership (with an equity raise of $2,000,000) or an outright acquisition (purchase price of $3,500,000). Underwriting materials and a Private Placement Memorandum (PPM) are available upon request to qualified parties.
Key Highlights
- 46‑unit senior affordable housing development in Van Nuys, CA
- 100% of units are one‑bedroom and ADA‑compliant for residents age 62+
- Government‑supported rental income includes HUD & Section 8, plus ED‑1 to materially reduce entitlement timelines and development risk
Property Analytics
Location Intelligence
Current Use by Public Records
Senior Housing / Retirement ...
Similar Off Market Nearby
- Royal Garden Board and Care — 6159 Atoll Ave, Valley Glen, CA 91401
FAQs
What type of property is this?
Senior housing / Retirement Home - 46-unit affordable senior project featuring ADA-compliant, 100% one-bedroom units for residents age 62+.
Where is this senior housing / retirement home located?
The property is located at 6552 Woodman Avenue Van Nuys, CA.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 46‑unit senior affordable housing development in Van Nuys, CA; 100% of units are one‑bedroom and ADA‑compliant for residents age 62+; Government‑supported rental income includes HUD & Section 8, plus ED‑1 to materially reduce entitlement timelines and development risk
