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7252 Tyrone Avenue, Van Nuys, California 91405, Van Nuys, 91405 - 3 bed, 3 bath

7252 Tyrone Avenue, Van Nuys, California 91405 home-pic-0
ACTIVE$900,000
7252 Tyrone Avenue, Van Nuys, California 91405
3Beds
3Baths
1,600Sqft
6,762Lot
Year Built
1951
Close
-
List price
$900K
Original List price
$1.05M
Price/Sqft
$563
HOA
-
Days on market
-
Sold On
-
MLS number
24469057
Home ConditionGood
Features
Pool
Patio
ViewPool

About this home

Possibly Over-Priced:The estimated price is 37% below the list price. We found 3 Cons,6 Pros. Rank: price - $900.0K(53th), sqft - 1600(45th), beds - 3(50th), baths - 3(55th).

Located in the heart of Van Nuys, this charming single-family residence boasts 3 bedrooms and 2 bathrooms. The home features a welcoming floor plan with abundant natural light, an inviting living area, and a kitchen equipped with ample storage. The property includes a spacious backyard with a pond, lush fruit tress, and a pool that's perfect for outdoor gatherings. Other features include triple- pane windows which are effective at temperature regulation and sound transmission.It has updated plumbing and a brand new roof. It features an unpermitted newly remodeled garage turned studio offering an extra 400 sq ft for a total of about 1600 sq ft of versatile living options. The studio features high ceilings, elegant crown moldings, custom cabinetry, fresh paint, and a full size bathroom. Ideal for use as a guest suite, rental unit, or private workspace, this addition enhances the home's value and functionality. The main home pairs seamlessly with the studio to provide a perfect balance of style and practicality, catering to both comfort and investment potential. Conveniently situated near schools, parks, and local amenities, this home offers comfort and accessibility, making it ideal for families or first-time buyers.

Nearby schools

5/10
Hazeltine Avenue Elementary School
Public,•K-5•0.3mi
1/10
Andres And Maria Cardenas Elementary School
Public,•K-5•0.5mi
3/10
Andres And Maria Cardenas Elementary School
Public,•K-5•0.5mi
4/10
Valerio Street Elementary School
Public,•K-5•1.0mi
3/10
Van Nuys Elementary School
Public,•K-5•1.0mi
5/10
Ranchito Avenue Elementary School
Public,•K-5•1.0mi
4/10
Burton Street Elementary School
Public,•K-5•1.1mi
4/10
Kittridge Street Elementary School
Public,•K-5•1.2mi
3/10
Michelle Obama Elementary
Public,•K-5•1.3mi
2/10
Columbus Avenue School
Public,•K-5•1.3mi
4/10
Sylvan Park Elementary School
Public,•K-5•1.6mi
5/10
Noble Avenue Elementary School
Public,•K-5•1.6mi
6/10
Erwin Elementary School
Public,•K-5•1.7mi
4/10
Bassett Street Elementary School
Public,•K-5•1.9mi
3/10
Bassett Street Elementary School
Public,•PK-5•1.9mi
4/10
Cohasset Street Elementary School
Public,•K-5•1.9mi
3/10
Cohasset Street Elementary School
Public,•K-5•2.0mi
3/10
Langdon Avenue Elementary School
Public,•K-5•2.4mi
9/10
Kester Avenue Elementary School
Public,•K-5•2.5mi
3/10
Gault Street Elementary School
Public,•K-5•3.4mi
3/10
Gault Street Elementary School
Public,•K-5•3.5mi
4/10
Parthenia Street Elementary School
Public,•K-5•3.5mi
7/10
Stagg Street Elementary School
Public,•K-5•3.6mi
3/10
Vista Middle School
Public,•6-8•1.6mi
5/10
James Madison Middle School
Public,•6-8•1.6mi
2/10
Van Nuys Middle School
Public,•6-8•2.4mi
5/10
William Mulholland Middle School
Public,•6-8•3.6mi
3/10
William Mulholland Middle School
Public,•6-8•3.6mi
7/10
Oliver Wendell Holmes Middle School
Public,•6-8•4.3mi
3/10
Northridge Middle School
Public,•6-8•4.9mi
3/10
Robert Fulton College Preparatory School
Public,•6-12•0.8mi
2/10
Panorama High School
Public,•9-12•1.0mi
6/10
Van Nuys Senior High School
Public,•9-12•1.1mi
6/10
Ulysses S. Grant Senior High School
Public,•9-12•2.4mi
6/10
John H. Francis Polytechnic
Public,•9-12•2.6mi
3/10
James Monroe High School
Public,•9-12•3.1mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•5.2mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•5.2mi
7/10
Northridge Academy High
Public,•9-12•5.4mi
Condition Rating
Good
The property, built in 1951, benefits from significant recent upgrades including a brand new roof, updated plumbing, and triple-pane windows, ensuring major systems are well-maintained. The unpermitted garage conversion into a newly remodeled studio with a modern bathroom and high-end finishes is a major asset, appearing to be of excellent quality. While the main house's kitchen and original bathrooms are clean and functional, their style appears somewhat dated (likely renovated 15-30 years ago), preventing an 'Excellent' rating. However, the overall condition is move-in ready with no immediate renovation required, and the substantial recent investments in key areas elevate it beyond 'Fair'.
Pros & Cons

Pros

Great Schools: Elementary School: Kester Avenue Elementary School (9/10).
Versatile Additional Living Space: The newly remodeled 400 sq ft garage-turned-studio, complete with a full bathroom and high-end finishes, offers significant versatility for use as a guest suite, rental unit, or private workspace, enhancing the property's functionality and potential income.
Significant Recent Upgrades: The property benefits from updated plumbing, a brand new roof, and triple-pane windows, indicating a well-maintained home with reduced immediate maintenance concerns and improved energy efficiency/sound insulation.
Desirable Outdoor Amenities: The spacious backyard features a pond, lush fruit trees, and a pool, providing excellent opportunities for outdoor living, entertainment, and recreation, which is a strong selling point.
Prime Location & Accessibility: Located in the 'heart of Van Nuys' and conveniently situated near schools, parks, and local amenities, offering comfort and accessibility ideal for families or first-time buyers.
Price Adjustment: The property has undergone a significant price reduction from its original list price of $1,050,000 to $900,000, potentially indicating a motivated seller and offering a more attractive entry point for buyers.

Cons

Unpermitted Studio Conversion: The 400 sq ft garage-turned-studio is explicitly stated as 'unpermitted,' which could lead to legal complications, difficulty with financing or insurance, potential fines, or the requirement for the buyer to bring it up to code or convert it back.
Significant Overpricing Relative to Estimation: The current list price of $900,000 is substantially higher than the property's estimated value of $560,777.105, suggesting it may be significantly overpriced and could face challenges with appraisal or buyer perception of value.
Age of Main Structure: Built in 1951, the main residence is an older property. While some systems are updated, other components (e.g., original electrical, HVAC in the main house, foundation) may require future attention or upgrades not mentioned, potentially incurring additional costs.

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