8504 Colbath Ave Panorama City, CA 91402

$--

3 Beds
3 Baths
1,248 Sq.Ft.

Off Market

Map preview of 8504 Colbath Ave, Panorama City, CA 91402

Property Overview: 8504 Colbath Ave Panorama City, CA has 3 bedrooms, 3 bathrooms, 1,248 living square feet and 6,052 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

8504 Colbath Ave is currently an off market home in the city of Panorama City. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Panorama City has a median list price of $675,000. The median price per/sqft for Panorama City is $469. With those numbers in mind, if you are looking to purchase a median priced home in Panorama City, CA and put 20% down you will need to save up $135,000 for the down payment and will need roughly $13,500 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Panorama City the commission could be as much as $32,200. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 8504 Colbath Ave

Last sold for $682,000 on July 6th, 2021

August, 2024
Aug 30, 2024

Date

Expired

CRMLS: P1-15845

$890,000

Price
Nov 27, 2023

Date

Active

CRMLS: P1-15845

$980,000

Price
Listing provided courtesy of CRMLS

*Versatile Property for Recuperative Care, Assisted Living(RCFE), Adult Residential Facility(ARF), or Rental*Welcome to a property like no other, where the possibilities are endless! This spacious 4-bedroom home with 3 bathrooms and a private back office invites you to explore the limitless potential it offers, making it an ideal choice for those seeking a versatile living space or a unique business venture.Currently configured as a Recuperative Care Facility, this property is turn-key for similar businesses. But that's just the beginning! You have the power to transform it into an Assisted Living Facility, an Adult Residential Facility, or even unlock its potential as rental units. Additionally, two back rooms come with extension permits and the possibility to be converted into rental units, complete with their own bathrooms, separate door access, and AC units. The canvas is yours to create something extraordinary. Key Features:* 4 Bedrooms and 3 Bathrooms* Private Back Office or Care Facility Space with a kitchen* Open-Concept Living Spaces* Tranquil Outdoor Patio* Attached Two-Car Garage* Complete Security Camera Setup for Unparalleled Peace of Mind* Solar-Powered for sustainable living* Prime Location with Potential for Recuperative Care, Assisted Living (RCFE), Adult Residential Facility (ARF), or Rental UnitsExperience an exceptional level of security with a comprehensive security camera setup, ensuring peace of mind for residents and visitors alike.This is not just a property; it's a gateway to your vision of what's possible. Whether you dream of creating a haven for recuperative care, an assisted living oasis, or a thriving rental income stream, this property is the platform to make it a reality.Don't miss the chance to seize this remarkable opportunity! Can also be used for assisted living.Buyers and buyers agent must conduct their own thorough due diligence to ascertain the property's current legal use, existing tenancies, the authorized number of units, and all pertinent details related to the property.

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August, 2024
Aug 30, 2024

Date

Expired

CRMLS: P1-15698

$890,000

Price
Nov 8, 2023

Date

Active

CRMLS: P1-15698

$980,000

Price
Listing provided courtesy of CRMLS

*Versatile Property for Recuperative Care, Assisted Living(RCFE), Adult Residential Facility(ARF), or Rental*Welcome to a property like no other, where the possibilities are endless! This spacious 4-bedroom home with 3 bathrooms and a private back office invites you to explore the limitless potential it offers, making it an ideal choice for those seeking a versatile living space or a unique business venture.Currently configured as a Recuperative Care Facility, this property is turn-key for similar businesses. But that's just the beginning! You have the power to transform it into an Assisted Living Facility, an Adult Residential Facility, or even unlock its potential as rental units. Additionally, two back rooms come with extension permits and the possibility to be converted into rental units, complete with their own bathrooms, separate door access, and AC units. The canvas is yours to create something extraordinary. Key Features:* 4 Bedrooms and 3 Bathrooms* Private Back Office or Care Facility Space with a kitchen* Open-Concept Living Spaces* Tranquil Outdoor Patio* Attached Two-Car Garage* Complete Security Camera Setup for Unparalleled Peace of Mind* Solar-Powered for sustainable living* Prime Location with Potential for Recuperative Care, Assisted Living (RCFE), Adult Residential Facility (ARF), or Rental UnitsExperience an exceptional level of security with a comprehensive security camera setup, ensuring peace of mind for residents and visitors alike.This is not just a property; it's a gateway to your vision of what's possible. Whether you dream of creating a haven for recuperative care, an assisted living oasis, or a thriving rental income stream, this property is the platform to make it a reality.Don't miss the chance to seize this remarkable opportunity! Can also be used for assisted living.Buyers and buyers agent must conduct their own thorough due diligence to ascertain the property's current legal use, existing tenancies, the authorized number of units, and all pertinent details related to the property.

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July, 2021
Jul 7, 2021

Date

Sold

CRMLS: SR21082985

$682,000

Price
Jun 9, 2021

Date

Active Under Contract

CRMLS: SR21082985

$697,950

Price
Jun 9, 2021

Date

Pending

CRMLS: SR21082985

$697,950

Price
May 1, 2021

Date

Active Under Contract

CRMLS: SR21082985

$697,950

Price
Apr 21, 2021

Date

Active

CRMLS: SR21082985

$697,950

Price
Listing provided courtesy of CRMLS

Great opportunity to own an income property in Panorama City! The main home features 2-bedrooms and 1-bath. There are 2 rooms adjacent to the main home that can serve as 2 separate income units. Each of these units features their own entry door and own bathroom. This home features solar panels that are currently under lease. The property is fully gated and includes a spacious backyard with fruit trees and an additional outdoor kitchen. Set in a convenient location that is in close proximity to Kaiser Permanente Hospital, as well as schools, shopping centers, dining options, and much more!

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Tax History for 8504 Colbath Ave

Assessed Value (2020): $422,793

Year	Land Value	Improved Value	Assessed Value
2020	$301,604	$121,189	$422,793

About 8504 Colbath Ave

Detailed summary of property

8504 Colbath Ave is a single family home in Panorama City, CA 91402 and is currently off market. This house has 3 bedrooms, 3 bathrooms, roughly 1,248 living square feet, and sits on an approximately 6,052 square foot lot. Homes in Panorama City are selling for a median price of $644,000 and a median price per square foot of $486. Local nearby listings include 14435 Mulholland Dr, 2997 Beverly Glen Circle and 3011 N Beverly Glen Circle. The average home in Panorama City, CA is selling in 59 days. There are currently 56 homes for sale in the Panorama City real estate market and 31 of them are single family homes while 16 of them are condos and 9 are townhomes. If you are the homeowner and looking to sell the home at 8504 Colbath Ave Panorama City, CA 91402 contact Ardent Real Estate Group and we will put you in touch with one of our Panorama City agents.

Public Facts for 8504 Colbath Ave

Public county record property details

Beds: 3
Baths: 3
Year built: 1949
Sq. Ft.: 1,248
Lot Size: 6,052
Stories: --

Type: Single Family Residential
Pool: No
Spa: No
County: Los Angeles
Lot#: 95
APN: 2638-035-016

The source for these homes facts are from public records.

91402 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$675,000

Median List Price/Sq.Ft.

$471

Median Sold Price

$644,000

Median Sold Price/Sq.Ft.

$486

Total Inventory

Median Sale to List Price %

100.63%

Avg Days on Market

Loan Type

Conventional (42.86%), FHA (14.29%), VA (0%), Cash (7.14%), Other (21.43%)

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(714) 706-1823

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