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.
For sale
$849,000
8731 Colbath Ave, Panorama City, CA 91402
5beds
2,090sqft
Residential, Single Family Residence
Built in 1950
6,690 Square Feet Lot
$853,100 Zestimate®
$406/sqft
$-- HOA
What's special
- 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#: 26874379
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
| Date | Event | Price |
|---|---|---|
| 8/20/2026 | Listed for sale | $849,000-5.6%$406/sqft |
Source: | ||
| 8/20/2026 | Listing removed | $899,000$430/sqft |
Source: | ||
| 7/15/2026 | Listed for sale | $899,000+87.3%$430/sqft |
Source: | ||
| 4/1/2026 | Listing removed | $2,895$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/26/2026 | Listed for rent | $2,895-12.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/11/2026 | Listing removed | $3,300$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/12/2026 | Price change | $3,300-2.9%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/5/2026 | Listed for rent | $3,400-2.9%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/1/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 10/12/2022 | Price change | $3,500-18.6%$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 9/24/2022 | Price change | $4,300+22.9%$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 9/9/2022 | Listed for rent | $3,500$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 7/15/2016 | Sold | $480,000+68.4%$230/sqft |
Source: Public Record Report a problem | ||
| 2/8/2016 | Sold | $285,000-28.6%$136/sqft |
Source: Public Record Report a problem | ||
| 7/21/2014 | Listing removed | $399,000$191/sqft |
Source: The Paseo Financial Group, Inc. #SR14091329 Report a problem | ||
| 7/1/2014 | Price change | $399,000-7%$191/sqft |
Source: The Paseo Financial Group, Inc. #SR14091329 Report a problem | ||
| 6/17/2014 | Price change | $429,000-4.7%$205/sqft |
Source: The Paseo Financial Group, Inc. #SR14091329 Report a problem | ||
| 5/19/2014 | Price change | $450,000-7.2%$215/sqft |
Source: The Paseo Financial Group, Inc. #SR14091329 Report a problem | ||
| 5/4/2014 | Listed for sale | $485,000$232/sqft |
Source: The Paseo Financial Group, Inc. #SR14091329 Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
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Neighborhood: Panorama City
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