$1,449,999
$50K PRICE DROP

7040 Tyrone Ave Van Nuys, CA 91405

Total Views 706
6 Beds
4.5 Baths
2,892 Sq Ft
$501 Price per Sq Ft

Highlights

  • City Lights View
  • Wood Flooring
  • Living Room
  • Van Nuys High School Rated A
  • No HOA
  • Recessed Lighting

About This Home

Stunning Dual-Residence Property with Brand-New ADU. This remarkable property presents a rare opportunity to experience refined living paired with extraordinary versatility. Set in one of most desirable locations, the estate features a beautifully appointed fully rebuilt main residence and a brand-new ADU thoughtfully designed to meet the needs of modern luxury living. The front home spans 1,696 square feet, offering 3 bedrooms and 2.5 bathrooms, rich hardwood flooring, recessed lighting, and an abundance of natural light create a warm yet sophisticated atmosphere throughout. The kitchen is both elegant and functional, showcasing ample cabinetry and a bright, open layout ideal for daily living and entertaining alike. Complementing the main residence is a newly constructed ADU of 1,196 square feet, featuring 3 bedrooms and 2 bathrooms. Designed with privacy and comfort in mind, this modern space is perfect for extended family or a premium rental opportunity. Fully paid-off solar enhances sustainability while delivering long-term energy savings. Offering flexibility, style, and exceptional value, this one-of-a-kind property seamlessly blends luxury, functionality, and investment potential—an unparalleled offering in today’s market.

Listing Agent

Zareh Abnoosi

Atlas Real Estate & Finance G Brokerage Phone: 818-404-0448 License #01847576 Listed on: 02/09/2026

Atlas Real Estate & Finance G

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1949

Lot Details

  • 7,184 Sq Ft Lot
  • Density is up to 1 Unit/Acre

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,892 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • Family Room
  • Living Room
  • Wood Flooring
  • City Lights Views
  • Laundry Room

Kitchen

  • Gas and Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Main Level Bedrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Valley

Listing and Financial Details

  • Tax Lot 79
  • Tax Tract Number 14340
  • Assessor Parcel Number 2217018019
  • $312 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1949

Lot Details

7,184 Sq Ft Lot

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2217018019
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2892.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 5
  • Main Level Bedrooms: 6
  • Price Per Square Foot: 501.38
  • Room Type: Kitchen, Living Room, Family Room

Exterior Features

  • View: City Lights
  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas & Electric Range
  • Heating Type: Central
  • Laundry Features: Inside, Individual Room, In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7184.00
  • Lot Size Acres: 0.1649
  • Latitude Manual: 34.19873600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7184.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Lot: 79
  • Tax Tract Number: 14340
  • TaxOtherAnnualAssessmentAmount: 312.00

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,400 $272,296 $209,358 $62,938
2024 $3,400 $266,957 $205,253 $61,704
2023 $3,337 $261,724 $201,229 $60,495
2022 $3,186 $256,593 $197,284 $59,309
2021 $3,144 $251,563 $193,416 $58,147
2019 $3,051 $244,103 $187,680 $56,423
2018 $2,982 $239,317 $184,000 $55,317
2016 $2,844 $230,026 $176,856 $53,170
2015 $2,803 $226,572 $174,200 $52,372
2014 $2,820 $222,135 $170,788 $51,347
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/04/2026 03/04/26 Price Changed $1,449,999 -3.3% $501 / Sq Ft
02/09/2026 02/09/26 For Sale $1,499,999 +106.9% $519 / Sq Ft
04/03/2025 04/03/25 Sold $725,000 +3.7% $790 / Sq Ft View Prior Sale
02/05/2025 02/05/25 Pending -- -- --
01/30/2025 01/30/25 For Sale $699,000 -- $761 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $725,000 Fidelity Title
Interfamily Deed Transfer -- Lawyers Title
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Fidelity National Title Co
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $500,000 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $147,000 No Value Available
Closed $50,000 No Value Available
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB26023385

California Regional Multiple Listing Service (CRMLS)

APN: 2217-018-019

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