7222 Tyrone Ave, Los Angeles, CA 91405
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7222 Tyrone Ave, Los Angeles, CA 91405
7222 Tyrone Ave, Los Angeles, CA 91405
7222 Tyrone Ave, Los Angeles, CA 91405
7222 Tyrone Ave, Los Angeles, CA 91405
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Sharon Baluku

Sharon Baluku

+1(323) 381-0266
$ 1,147,500
Est. payment /mo
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Active

7222 Tyrone Ave Los Angeles, CA 91405

7 Beds

4 Baths

2,230 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,230 sqft

Price per Sqft $514

MLS Listing ID 26875703

Style Ranch

Bedrooms 7

Full Baths 4

HOA Y/N No

Year Built 1953

Lot Size 6,752 Sqft

Acres 0.155

Property Sub-Type Single Family Residence

Property Description

7222 Tyrone Ave, a 2,200 square foot 7-bedroom/4-bathroom residence sitting on a 6,750 square foot lot in the high rental demand neighborhood of Van Nuys, California. The property has been split into 3 separate units and will be delivered vacant at the close of escrow. The offering presents investors and developers with a unique opportunity to pursue multiple potential investment strategies, including continued operation and improvement of the existing residence, potential reconfiguration of the home into separate living areas subject to applicable zoning and permitting requirements, or development of the fully entitled multifamily project. The property is currently a fully entitled multifamily development site with approvals in place for an 11-unit modern apartment building spanning four stories above grade, consisting of 10 market-rate units and 1 unit designated for a Very Low-Income tenant. The approximately 13,333 square foot project will feature a unit mix consisting of (6) 1-bedroom/1-bathroom units, (3) 2-bedroom/1-bathroom units, (1) 2-bedroom/2-bathroom unit, and (1) 3-bedroom/1-bathroom unit reserved for a Very Low-Income tenant. The development will provide 10 on-grade parking spaces. With the existing 7-bedroom/4-bathroom residence providing substantial square footage and bedroom count, buyers also have the flexibility to evaluate the property as a residential investment while determining the timing of future development. This combination of an existing improvement, a fully entitled multifamily project, and multiple potential investment strategies provides buyers with flexibility rarely available in a development opportunity of this size. The property's proximity to a major thoroughfare provides excellent accessibility, while strong rental market fundamentals support robust demand for quality single family and multifamily housing in Van Nuys.

Location

State CA

County Los Angeles

Area East Van Nuys

Zoning LAR1

Rooms

Other Rooms Gazebo

Dining Room 1

Interior

Heating Wall

Cooling Wall/Window

Flooring Laminate

Fireplaces Type None

Equipment None

Laundry In Unit

Exterior

Parking Features Uncovered

Pool None

View Y/N No

View None

Building

Architectural Style Ranch

Level or Stories One

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Marcus & Millichap
Sharon Baluku
Sharon Baluku

Agent License ID: 02203810

+1(323) 381-0266 | sharon@omwoyo.com

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7222 Tyrone Ave