8731 Colbath Avenue
Property Overview
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
- Property type
- Residential - Single Family Residence
- Year built
- 1950
- Living area
- 2,090 sq ft
- Lot size
- 6,690 sq ft
- Parking
- 2 spaces
- Days on market
- 8
- Full bathrooms
- 4
- MLS status
- Active
- Architectural style
- Ranch
- Zoning
- LAR1
Features & Amenities
Appliances
- Microwave
- Refrigerator
- Washer
Parking
- Driveway
Pool
- None
Community, Schools & Utilities
Community
- View
- None
Utilities
- Heating
- Central,WallFurnace
- Cooling
- CentralAir
Location & Neighborhood
Frequently Asked Questions About 8731 Colbath Avenue
Property type: Residential
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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