7222 Tyrone Ave
Van Nuys, CA 91405
Van NuysLocal Information
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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 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.
Home Highlights
Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
79 days ago
Home Details for 7222 Tyrone Ave
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View No ViewView: None |
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Days on Market: 79 |
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Property Type / Style Property Type: LandProperty Subtype: Unimproved Land |
Property Information Parcel Number: 2217025013 |
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Price List Price: $1,350,000 |
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MLS Status: Active |
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Direction & Address City: Van Nuys |
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Listing Agent Listing ID: 26663897 |
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Lot Area: 6751.8 sqft |
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Special Conditions: Standard |
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Mls Number: 26663897 |
Last check for updates: about 5 hours ago
Listing courtesy of Sevak Keshishian DRE # 01887505, (818) 726-0922
Marcus & Millichap, (818) 212-2700
Source: CLAW, MLS#26663897

Also Listed on bridgeMLS/CCAR/Bay East AOR, CRMLS.
Price History for 7222 Tyrone Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 03/12/2026 | $1,350,000 | Listed For Sale | CLAW #26663897 |
| 07/29/2020 | $726,000 | Sold | N/A |
| 06/24/2020 | $699,000 | Pending | Agent Provided |
| 06/08/2020 | $699,000 | Listed For Sale | Agent Provided |
| 02/06/2002 | $197,000 | Sold | N/A |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $9,770 |
| Assessment | $785,843 |
Home facts updated by county records
Comparable Sales for 7222 Tyrone Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
1.26 | Lot/Land | $860,000 | 01/30/26 | - | - | ||
1.64 | Lot/Land | $1,110,000 | 12/10/25 | - | - | ||
1.79 | Lot/Land | $1,460,000 | 08/26/25 | - | - | ||
1.60 | Lot/Land | $1,175,000 | 01/15/26 | - | - | ||
2.15 | Lot/Land | $2,340,000 | 06/24/25 | - | - | ||
2.39 | Lot/Land | $1,000,000 | 06/23/25 | - | - | ||
3.51 | Lot/Land | $715,000 | 04/03/26 | - | - | ||
3.92 | Lot/Land | $405,000 | 01/30/26 | - | - | ||
4.05 | Lot/Land | $1,300,000 | 09/17/25 | - | - |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 7222 Tyrone Ave.
What Locals Say about Van Nuys
At least 597 Trulia users voted on each feature.
82 % Say it's dog friendly
82 % Say there are sidewalks
77 % Say car is needed
65 % Say it's walkable to grocery stores
64 % Say it's walkable to restaurants
60 % Say there's holiday spirit
52 % Say yards are well-kept
48 % Say streets are well-lit
45 % Say neighbors are friendly
44 % Say they plan to stay for at least 5 years
41 % Say it's quiet
39 % Say people would walk alone at night
39 % Say parking is easy
38 % Say kids play outside
27 % Say there's wildlife
19 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Sevak Keshishian, Marcus & Millichap, (818) 212-2700
Agent Phone: (818) 726-0922

© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW as of 2026-05-31 02:10:46 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

