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$849,000
Listing Price5beds
4baths
2,090sqft
6,709sqft lot
8731 Colbath Ave, Panorama City, CA 91402
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Full foreclosure details
Home value, equity and ownership info
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
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 is being rented for $2495/month 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 furnished studio for $1500/month, 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, 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 l
Interior Details
2090
5
4
Has Heating:
Yes
Heating Type:
Central
Has Cooling:
Yes
Cooling Type:
Central
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
N/A
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
6709
No
No
Type:
Garage, Attached
Location:
N/A
Status:
N/A
Number of Spaces:
1
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
Conventional
Stucco
N/A
Gable
Rock / Gravel
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2019
$6,132
$316,982
$192,396
--%
$509,378
2019
$6,132
$310,767
$188,624
--%
$499,391
2018
$6,030
$304,674
$184,926
--%
$489,600
2017
$5,897
$298,700
$181,300
--%
$480,000
2016
$5,589
$270,000
$180,000
--%
$450,000
2014
$3,882
$156,659
$142,408
--%
$299,067
2013
$3,882
$155,951
$141,765
--%
$297,716
2012
$3,815
$152,894
$138,986
--%
$291,880
Average Home Price in 91402
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In August 2024, LA’s pre-foreclosures plummeted 50% from July and 60% from last year, suggesting better economic conditions or successful homeowner interventions. Similar trends in San Jose, while SF and SD remain stable. Sacramento shows significant improvement. LA’s efforts stand out. #HousingMarket #LosAngeles



