Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
Under ContractSingleFamilyResidence

7040 Tyrone Avenue

Van Nuys, CA, 91405

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$1,449,999

MLS: BB26023385

Beds

6

Baths

5

Sq Ft

2,892

Lot

0.16 ac

Year Built

1949

MLS #

BB26023385

Days on Market

57

Listed

Feb 9, 2026

Description

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.

Location

Van Nuys, Los Angeles County, CA 91405

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Listed by: Zareh Abnoosi · Atlas Real Estate & Finance G

Payment estimate

$10,372

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $145,000 · Loan: $1,304,999

%
Principal & Interest
$8,018
Property tax (1.25%)
$1,510
Homeowners insurance
$300
Mortgage insurance
$544
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Van Nuys home with as little as 3.5% down using an FHA loan — roughly $50,750 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

Local Market Stats

See Van Nuys, CA 91405 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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