7222 Tyrone Avenue, Van Nuys, CA 91405

Van Nuys
Local realty services provided by:Better Homes and Gardens Real Estate Wine Country Group
7222 Tyrone Avenue,Van Nuys, CA 91405
$1,350,000
  • 0.16 Acres
  • Lots / Land
  • Active
Office: marcus & millichap818-212-2700
MLS#:26663897
Source:CRMLS

Price summary

  • Price:$1,350,000

About this home

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....

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Home facts

  • Listing ID #:26663897
  • Added:95 day(s) ago
  • Updated:June 16, 2026 at 10:39 AM

Structure and exterior

  • Lot area:0.16 Acres

Finances and disclosures

  • Price:$1,350,000
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