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For sale
  • $849,000

    8731 Colbath Ave, Panorama City, CA 91402

    5beds
    2,090sqft
    : 
    $5,568/mo
    Get pre-qualified
    Residential, Single Family Residence
    Built in 1950
    6,690 Square Feet Lot
    $853,100 Zestimate®
    $406/sqft
    $-- HOA

    What's special

    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 living arrangements.
    8 days
    340
    23

    Zillow last checked:

    Listing updated:

    Listed by:

    Rachelle Tan DRE # 01889314 323-580-3680,

    LPT Realty, Inc 877-366-2213,

    Kyle Draper DRE # 01920958 323-646-6442,

    LPT Realty, Inc

    Source: CLAW,MLS#: 26874379MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 4
      • Full bathrooms: 4
      Rooms
      • Room types: Breakfast Area
      Heating
      • Central, Wall
      Cooling
      • Central Air, Wall Unit(s)
      Appliances
      • Included: Washer, Range/Oven, Refrigerator, Microwave
      • Laundry: Outside, In Unit, Gas Dryer Hookup
      Features
      • Flooring: Laminate, Tile
      • Has fireplace: No
      • Fireplace features: None
      Interior area
      • Total structure area: 2,090
      • Total interior livable area: 2,090 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Driveway
      • Uncovered spaces: 2
      Features
      • Levels: One
      • Pool features: None
      • Spa features: None
      • Has view: Yes
      • View description: None
      Lot
      • Size: 6,690 Square Feet
      • Dimensions: 60 x 118
      Details
      • Additional structures: Accessory Bldgs
      • Parcel number: 2638012017
      • Zoning: LAR1
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Residential, Single Family Residence
      • Attached to another structure: Yes
      Condition
      • Year built: 1950

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Panorama City

      Financial & listing details

      • Price per square foot: $406/sqft
      • Tax assessed value: $651,286
      • Date on market: 8/20/2026

        Estimated market value

        $853,100

        $810,000 - $896,000

        $5,507/mo

        Price history

        DateEventPrice
        8/20/2026Listed for sale$849,000-5.6%$406/sqft
        Source: CLAW #26874379 Report a problem
        8/20/2026Listing removed$899,000$430/sqft
        Source: CLAW #26859975 Report a problem
        7/15/2026Listed for sale$899,000+87.3%$430/sqft
        Source: CLAW #26859975 Report a problem
        4/1/2026Listing removed$2,895$1/sqft
        Source: Zillow Rentals Report a problem
        3/26/2026Listed for rent$2,895-12.3%$1/sqft
        Source: Zillow Rentals Report a problem
        3/11/2026Listing removed$3,300$2/sqft
        Source: Zillow Rentals Report a problem
        2/12/2026Price change$3,300-2.9%$2/sqft
        Source: Zillow Rentals Report a problem
        1/5/2026Listed for rent$3,400-2.9%$2/sqft
        Source: Zillow Rentals Report a problem
        11/1/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        10/12/2022Price change$3,500-18.6%$2/sqft
        Source: Zillow Rental Manager Report a problem
        9/24/2022Price change$4,300+22.9%$2/sqft
        Source: Zillow Rental Manager Report a problem
        9/9/2022Listed for rent$3,500$2/sqft
        Source: Zillow Rental Manager Report a problem
        7/15/2016Sold$480,000+68.4%$230/sqft
        Source: Public Record Report a problem
        2/8/2016Sold$285,000-28.6%$136/sqft
        Source: Public Record Report a problem
        7/21/2014Listing removed$399,000$191/sqft
        Source: The Paseo Financial Group, Inc. #SR14091329 Report a problem
        7/1/2014Price change$399,000-7%$191/sqft
        Source: The Paseo Financial Group, Inc. #SR14091329 Report a problem
        6/17/2014Price change$429,000-4.7%$205/sqft
        Source: The Paseo Financial Group, Inc. #SR14091329 Report a problem
        5/19/2014Price change$450,000-7.2%$215/sqft
        Source: The Paseo Financial Group, Inc. #SR14091329 Report a problem
        5/4/2014Listed for sale$485,000$232/sqft
        Source: The Paseo Financial Group, Inc. #SR14091329 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026-- $651,286 +2%
        2025$7,991 +1.2%$638,523 +2%
        2024$7,898 +1.9%$626,004 +2%
        2023$7,749 +4.8%$613,731 +2%
        2022$7,394 +15.5%$601,698 +16.9%
        2021$6,402 +0.4%$514,654 +1%
        2020$6,379 $509,378 +2%
        2019$6,379 +5.8%$499,391 +2%
        2018$6,030 $489,600 +2%
        2017$6,030 +2.3%$480,000 +6.7%
        2016$5,898 +5.5%$450,000 +47.5%
        2015$5,590 +44%$305,042 +2%
        2014$3,883 $299,067 +2.5%
        2012-- $291,880 +2%
        2011-- $286,158 +0.8%
        2010-- $284,020 -0.2%
        2009-- $284,696 +2%
        2008-- $279,114 +2%
        2007-- $273,642 +16.7%
        2006-- $234,578
        2005-- $234,578 +4%
        2004-- $225,471 +1.9%
        2003-- $221,340 +61.7%
        2002-- $136,916 +4%
        2000-- $131,601
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Panorama City

        Getting around

        79 / 100
        Very Walkable
        66 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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