8731 Colbath Avenue, Los Angeles, CA 91402

$899,000
5
BD
4
BA
2,090
SqFt

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List Price
$899,000
Status
ACTIVE
MLS#
26859975
Year Built
1950
Bedrooms
5
Bathrooms
4
Living Sq. Ft
2,090
Lot Size
6,690
Acres
0.15
Days on Market
14
Property Type
Single Family Residential
Style
Ranch
Property Sub Type
Single Family Residence
Stories
One Level

Property Description

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.

Additional Information

Appliances
Microwave, Refrigerator, Washer
Pool Description
None
Heat
Central, Wall Furnace
Cooling
Yes
Cooling Description
Central Air
View
None
Attached Structure
Attached

Listing courtesy of Listing Agent: Rachelle Tan (rachelle@sereneteam.com) from Listing Office: LPT Realty, Inc.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.