$899,000

8731 Colbath Ave Panorama City, CA 91402

Estimated payment $5,522/month

5 Beds
4 Baths
2,090 Sq Ft
$430 Price per Sq Ft

Highlights

  • Ranch Style House
  • Breakfast Area or Nook
  • Central Heating and Cooling System
  • No HOA
  • Tile Flooring

About This Home

Fantastic investment and owner-user opportunity in Panorama City! This versatile property features a 4-bedroom, 2.5-bath single-family home with an attached 1-bedroom, 1-bath ADU built in 2021, offering excellent flexibility and income-producing potential. The main home features laminate flooring throughout, central heating and air conditioning, and a functional layout designed for comfortable living. One bedroom with its own private bathroom and separate entrance has been partitioned from the main house and is currently rented as a studio, creating an additional income stream while maintaining privacy for occupants.The attached ADU, completed in 2021, will be delivered vacant, making it ideal for an owner-occupant, multigenerational living, or leasing at current market rent. The main house and studio will be delivered tenant occupied, providing immediate rental income from day one. The ADU also offers excellent flexibility for a variety of living arrangements and rental opportunities, subject to local regulations and buyer verification.Additional features include a large backyard with low-maintenance artificial turf, a low-maintenance front yard, shared exterior washer and dryer for the main house, and in-unit laundry in the attached ADU. Conveniently located near shopping, dining, schools, parks, and easy freeway access, this property presents a rare opportunity to own a flexible, income-producing property with multiple living arrangements.

Listing Agent

Rachelle Tan

LPT Realty, Inc License #01889314 Listed on: 07/13/2026

LPT Realty, Inc

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 6,690 Sq Ft Lot
  • Lot Dimensions are 60x118
  • Property is zoned LAR1

Home Design

  • 2,090 Sq Ft Home
  • Ranch Style House

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Located Outside
  • Washer

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Driveway

Utilities

  • Central Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2638-012-017

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

6,690 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Ranch
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 2090
  • Lot Acreage: 0.1536
  • Lot Dimensions: 60x118
  • Probate: No
  • Year Built: 1950
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Laminate, Tile
  • Bedrooms: 5
  • Full Bathroom: 4
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Outside, In Unit
  • Total Bathrooms: 4.00
  • Equipment: Gas Dryer Hookup, Washer, Range/Oven, Refrigerator, Microwave
  • Price Per S Q F T: 430.14

Exterior Features

  • Other Structures: Accessory Bldgs
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Other Spaces: 2
  • Parking Garage: Driveway
  • Total Parking: 2

Utilities

  • Cooling: Central, Wall Unit(s)
  • Heating: Central, Wall

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 2638-012-017
  • Lot Size Area: 6690

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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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,991 $638,523 $374,225 $264,298
2024 $7,898 $626,004 $366,888 $259,116
2023 $7,749 $613,731 $359,695 $254,036
2022 $7,394 $601,698 $352,643 $249,055
2021 $6,402 $514,654 $320,265 $194,389
2020 $6,379 $509,378 $316,982 $192,396
2019 $6,132 $499,391 $310,767 $188,624
2018 $6,030 $489,600 $304,674 $184,926
2016 $5,590 $450,000 $270,000 $180,000
2015 $3,862 $305,042 $159,789 $145,253
2014 $3,883 $299,067 $156,659 $142,408
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/13/2026 07/13/26 For Sale $899,000 +87.3% $430 / Sq Ft
07/15/2016 07/15/16 Sold $480,000 +1.1% $254 / Sq Ft View Prior Sale
06/01/2016 06/01/16 Pending -- -- --
05/25/2016 05/25/16 For Sale $475,000 -- $251 / Sq Ft
Source: The MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Grant Deed -- --
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- None Listed On Document
Interfamily Deed Transfer -- Fidelity National Title Co
Grant Deed $480,000 Usa National Title
Grant Deed $285,000 Lawyers Title Company
Grant Deed -- None Available
Interfamily Deed Transfer -- South Coast Title
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $496,000 New Conventional
Previous Owner $431,000 New Conventional
Previous Owner $463,980 FHA
Previous Owner $171,000 New Conventional
Previous Owner $161,591 FHA
Source: Public Records

Source: The MLS

MLS Number: 26859975

The MLS

APN: 2638-012-017

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