8731 Colbath Ave Panorama City, CA 91402
Estimated payment $5,522/month
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.
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 |
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 | -- | -- |
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: The MLS
MLS Number: 26859975
APN: 2638-012-017
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