$3,200,000
SOLD APR 14, 2025

4544 Colbath Ave Sherman Oaks, CA 91423

19 Beds
17 Baths
10,300 Sq Ft
10,581 Sq Ft Lot

Recently Sold

$311 Per Sq Ft

15% Below List Price

33 Days on Market

Highlights

  • In Ground Pool
  • Wood Flooring
  • Tandem Parking
  • Ulysses S. Grant Senior High School Rated A-
  • Parking Garage
  • Views

About This Home

As of April 2025

Nestled in the vibrant heart of Sherman Oaks, this attractive 10-unit apartment building with secured entrance seamlessly combines timeless character with an enviable location. The property offers a delightful mix of one and two bedroom units, each boasting spacious layouts and an abundance of natural light. The inviting interiors radiate warmth and comfort, reflecting the long-standing charm of this well-established complex. Some apartments have laundry hookups inside the unit, other Tenants use the convenient laundry room. Tenants enjoy the sparkling pool with bespoke areas for entertaining and relaxing. The complex also offers 19 assigned parking spaces. This beautiful property is set on a tranquil, tree-lined street, the building enjoys a serene ambiance, while remaining just minutes from the bustling shops, restaurants, and entertainment of Ventura Boulevard, as well as convenient access to the 101 freeway. Perfectly suited for discerning investors or visionary developers, this rare opportunity in one of the most sought-after neighborhoods is a prime investment prospect that should be considered.

Last Agent to Sell the Property

Rena Braud

Compass License #01128549 Listed on: 01/09/2025

Compass

Co-Listed By

Andrew Houston

Compass License #02197427

Last Buyer's Agent

Michael Monempour

Lyon Stahl Investment Real Estate, Inc. License #01996829

Lyon Stahl Investment Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 10,581 Sq Ft Lot
  • West Facing Home

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 10,300 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Property Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 19 Bedrooms
  • 17 Bathrooms

Laundry

  • Laundry Room
  • Dryer

Parking

  • 19 Parking Spaces
  • Parking Garage
  • Tandem Parking
  • Driveway

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas, special
  • The owner pays for gardener, water, pool service, gas, electricity
  • Assessor Parcel Number 2271-004-012

Community Details

Overview

  • 2 Buildings
  • 10 Units

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Entry Location: Main Level
  • Living Area: 10300
  • Lot Acreage: 0.2429
  • Probate: No
  • Stories: 2
  • Year Built: 1963
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Hardwood, Laminate
  • Bedrooms: 19
  • Common Walls: Attached
  • Laundry: Community, In Unit, Laundry Area, Room
  • Laundry Equipment: Own
  • Total Bathrooms: 17.00
  • Equipment: Garbage Disposal, Range/Oven, Ceiling Fan, Dishwasher, Dryer, Gas Dryer Hookup, Refrigerator
  • Price Per S Q F T: 291.17

Exterior Features

  • Direction Faces: West
  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool Description: In Ground, Community
  • Pool Expense: 1305.00
  • Pool: Yes
  • Roof: Composition, Shingle
  • Spa Yn: No
  • View: Walk Street
  • View: Yes

Garage/Parking

  • Covered Parking: 19
  • Garage Structures: 1
  • Parking Garage: Community Garage, Tandem, Subterr Tandem, Driveway - Concrete
  • Total Parking: 19

Utilities

  • Cooling: Central
  • Electric Expense: 4100.00
  • Heating: Central
  • Water Expense: 10173.00
  • Water Heaters: Yes

Association/Amenities

  • Pet Rules: Pets Permitted

Fee Information

  • Gas Expense: 3032.00
  • Insurance Expense: 17120.00
  • Maintenance Expense: 11000.00
  • Trash Expense: 3726.00

Lot Info

  • Assessed Improvement Percent: 83.55
  • Assessed Improvement Value: 303973
  • Assessed Land Percent: 16.45
  • Assessed Land Value: 59828
  • Total Assessed Value: 363801
  • Assessor Parcel Number: 2271-004-012
  • Lot Size Area: 10581

Rental Info

  • Owner Pays: Gardener, Water, Pool Service, Gas, Electricity
  • Tenant Pays: Electricity, Gas, Special

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 12.87
  • Number Of Units: 10
  • Type Of Units: Apartments

Tax Info

  • Private Transfer Taxes: No
  • Tax Expense: 6114.00
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2025 04/14/25 Sold $3,200,000 +6.7% $311 / Sq Ft
02/11/2025 02/11/25 Pending -- -- --
01/30/2025 01/30/25 Price Changed $2,999,000 -20.0% $291 / Sq Ft
01/09/2025 01/09/25 For Sale $3,750,000 -- $364 / Sq Ft
Source: The MLS

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 $6,204 $378,497 $62,244 $316,253
2024 $6,204 $371,076 $61,024 $310,052
2023 $6,116 $363,801 $59,828 $303,973
2022 $5,896 $356,668 $58,655 $298,013
2021 $5,770 $349,675 $57,505 $292,170
2020 $5,801 $346,091 $56,916 $289,175
2019 $5,634 $339,305 $55,800 $283,505
2018 $5,472 $332,653 $54,706 $277,947
2016 $5,065 $319,738 $52,583 $267,155
2015 $5,009 $314,937 $51,794 $263,143
2014 $5,091 $308,769 $50,780 $257,989
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25-479485

The MLS