6824 Tyrone, Van Nuys, CA 91405
6824 Tyrone, Van Nuys, CA 91405
Property Description
Developer Opportunity in Van Nuys! Positioned on an oversized 12,012 sq. ft. lot, this property offers an exciting chance to unlock meaningful residential density in a high-demand San Fernando Valley location. Ideal for builders, investors, and forward-thinking developers looking to capitalize on California’s evolving housing legislation. Explore multiple potential development paths, including an SB 9 two-unit concept with ADU configurations that may support six or more units, or a possible SB 684/SB 1123 small-lot subdivision strategy with a path to up to 10 residences. Each scenario is subject to site design, zoning, subdivision standards, and City approval; SB 684/SB 1123 provides a streamlined path for certain qualifying urban residential projects of 10 or fewer units. This property has 2 driveways, perfect for separate entrances to the development. A standout opportunity to create a rental portfolio, build a boutique small-lot community, or secure a strategic infill-development site. Buyer to verify all zoning, unit count, and development potential with the City of Los Angeles.
Features & Amenities
Property Details
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Comparative Market Analysis
Residential Tier · 5 active · 5 closed
Van Nuys · Single Family Residence
Listed 23.4% above the median closed sale of $850,000. Price per sqft ($639) is a 20% premium to closed comps ($531). Closed comps sold at 101% of list — strong seller's market.
Price Position
Positioned above the market — commands a premium.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 6238 Longridge Avenue | Van Nuys | 1938 | 3 | 2 | 1,621 | 6,752 | $793 | $1.28M | 13 | 87 |
| 17231 Lanark | Van Nuys | 1952 | 3 | 2 | 1,595 | 7,596 | $501 | $799,000 | 13 | 83 |
| 6056 Woodman Avenue | Van Nuys | 1949 | 3 | 2 | 1,600 | 6,304 | $622 | $995,000 | 27 | 82 |
| 14319 Valerio Street | Van Nuys | 1952 | 3 | 2 | 1,517 | 8,252 | $593 | $899,000 | 81 | 82 |
| 17209 Stagg Street | Van Nuys | 1954 | 4 | 3 | 1,595 | 6,500 | $595 | $949,000 | 24 | 81 |
| Total: 5 · Average | 3.2 | 2.2 | 1,585.6 | 7,080.8 | $620.8 | $985,400 | 31.6 | |||
| Median | 1,595 | $949,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 6843 Chisholm | Van Nuys | 1949 | 09/04/2026 | 3 | 2 | 1,927 | 11,922 | $1.20M | $1.13M | $584 | 0.94 | 71 | 85 |
| 6843 Chisholm | Van Nuys | 1949 | 09/04/2026 | 3 | 2 | 1,927 | 11,922 | $1.23M | $1.13M | $584 | 0.92 | 78 | 85 |
| 6700 Gloria Avenue | Van Nuys | 1944 | 09/24/2026 | 4 | 3 | 1,477 | 8,252 | $789,000 | $850,000 | $575 | 1.08 | 46 | 84 |
| 7134 Stansbury Avenue | Van Nuys | 1955 | 09/30/2026 | 3 | 2 | 1,629 | 8,077 | $699,900 | $745,000 | $457 | 1.06 | 39 | 84 |
| 17046 Saticoy Street | Van Nuys | 1950 | 09/22/2026 | 3 | 2 | 1,565 | 6,847 | $689,900 | $715,000 | $457 | 1.04 | 94 | 84 |
| Total: 5 · Average | 3.2 | 2.2 | 1,705 | 9,404 | $912,000 | $912,000 | $531.4 | — | 65.6 | ||||
| Median | 1,629 | $850,000 | $850,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.