7222 Tyrone Ave

Van Nuys, CA 91405

$1,350,000
Price
6,752 / 0.16
Lot Size / Acres
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Description

We are pleased to to market for sale a development opportunity at 7222 Tyrone Ave, a fully entitled multifamily development site located in the high rental demand neighborhood of Van Nuys, California. This offering presents a chance for a developer to acquire a project with approvals in place for an 11-unit modern apartment building spanning four stories above grade with 10 market-rate units and 1 unit designated for a Very Low-Income tenant. This 13,333 square foot project will have a unit mix consisting...We are pleased to to market for sale a development opportunity at 7222 Tyrone Ave, a fully entitled multifamily development site located in the high rental demand neighborhood of Van Nuys, California. This offering presents a chance for a developer to acquire a project with approvals in place for an 11-unit modern apartment building spanning four stories above grade with 10 market-rate units and 1 unit designated for a Very Low-Income tenant. This 13,333 square foot project will have a unit mix consisting of 6 one-bedroom/one bathroom units, 3 two-bedroom/one-bathroom units, and 1 two-bedroom/two-bathroom units with 10 on-grade parking spaces. The property will be delivered "RTI" and shovel ready at the close of escrow. This 6,750 square foot corner lot near the intersection of Sherman Way and Tyrone Ave is currently a vacant single-family residence. The current approvals encompass a well-designed mix of one-bedroom, two-bedroom, and three-bedroom units complete with on-grade parking. This project represents an ideal opportunity for a local developer looking to build immediately in an area that is deficient in new single-family home construction and boasts a very high rental demand for apartment units. The property's proximity to a major thoroughfare provides excellent accessibility, while strong rental market fundamentals support robust demand for quality multifamily housing in Van Nuys.
  1. Listed by Sevak Keshishian • DRE #01887505 • Brokerage DRE #01238010 • Marcus & Millichap

Property Details for 7222 Tyrone Avenue

Zoning
LAR1
Parcel Number
2217025013
Area
East Van Nuys
Lot Size Area
6752
Source Lot Size Area
Vendor Enhanced
Assessor Parcel Number
2217-025-013
Directions
Ventura Blvd. to Van Nys Blvd, go North to Sherman Way, Turn Right. to Tyrone Ave, turn Left. Property will be on the right
LISTING UPDATED: 03/20/2026 12:06 AM

Property Details for 7222 Tyrone Avenue

StatusActive
MLS #26663897
Days on Market42
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeLand
MLS TypeLand Lot
Year Built-
Lot Size0.16 AC
CountyLos Angeles County
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Location

Listing Courtesy of Marcus & Millichap, Sevak Keshishian, DRE #01887505
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Building Information for 7222 Tyrone Avenue

Lot Size0.16 AC

Payment Calculator

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$7,612 per month

30 year fixed, 6.46% Interest

Principal and Interest

$6,798

Property Taxes

$814

HOA Dues

$0

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Property Information for 7222 Tyrone Avenue

Community / Development
Community / Development
  • Senior Community: No
Structure Info
Structure Info
  • View: No
  • View Description: None
  • View: None
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Land / Lot Info
Land / Lot Info
  • Special Zoning: None
  • Lot Acreage: 0.155
  • Lot Size Square Feet: 6752
  • Lot Size Dimensions: 50x135
  • Source Lot Size Dimensions: Vendor Enhanced
  • Telephone: 1.0
  • Cable: 1.0
Parking Details
Parking Details
  • Total Parking: 0
Exterior Features
Exterior Features
  • New Construction: No
Lease Terms
Lease Terms
  • Entry Date: 03-12-2026

Property History for 7222 Tyrone Avenue

DateEvent & SourcePriceAppreciation
Mar 12, 2026

Listed (Active)

CRMLS #26663897

$1,350,000—
Mar 12, 2026

Listed (Active)

CLAW #26663897

$1,350,000—
Jul 27, 2020

Sold

CLAW #SR20110106CN

$726,000—
DateEvent & SourcePrice
03/12/2026

Listed (Active)

CRMLS #26663897

$1,350,000
03/12/2026

Listed (Active)

CLAW #26663897

$1,350,000
07/27/2020

Sold

CLAW #SR20110106CN

$726,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 7222 Tyrone Avenue

Taxable ValueLand$612,872Additions$172,971Total$785,843
Tax Record2025$9,770 ($814 / month)
Home Facts
Beds7Total Finished SqFt2,230 SqFtAbove Grade Finished SqFt2,230 SqFtStories1Lot Size6,750 SqFtStyleSingle Family ResidenceYear Built1953ZoningLAR1CountyLOS ANGELESAPN2217-025-013

Schools near 7222 Tyrone Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Hazeltine Avenue Elementary School
Public - K to 5
Robert Fulton College Preparatory School
Public - 6 to 12
Panorama High School
Public - 9 to 12
Girls Athletic Leadership School Los Angeles
Charter - 6 to 8
Rating
School
Distance
Hazeltine Avenue Elementary School
PublicK to 5

Robert Fulton College Preparatory School
Public6 to 12

Panorama High School
Public9 to 12

Girls Athletic Leadership School Los Angeles
Charter6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 7222 Tyrone Avenue, Van Nuys, CA 91405

7222 Tyrone Avenue is a 0.16 ac of land for sale in Van Nuys, CA 91405. This property was listed for sale on March 12, 2026 by Marcus & Millichap, it's currently listed at $1,350,000. It has been on the market for a total of 42 days and was last sold on July 27, 2020. This listing's school district is Los Angeles Unified School District. Nearby schools include Hazeltine Avenue Elementary School, Robert Fulton College Preparatory School and Panorama High School. 7222 Tyrone Avenue is a 0-bed, 0-bath, 0.16 ac of land on a 6,752 sq. ft. / 0.16 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marcus & Millichap, Sevak Keshishian, DRE #01887505

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.