4480 Colbath Avenue
Los Angeles, CA, 91423
$1,150,000
Original list price: $1,300,000
MLS: 26876203
Beds
2
Baths
2
Sq Ft
1,131
Lot
0.15 ac
Year Built
1938
MLS #
26876203
Days on Market
12
Listed
Oct 2, 2026
Description
INVESTOR'S DREAM WITH ENDLESS POTENTIAL IN PRIME SHERMAN OAKS! Situated on a quiet street in a desirable Sherman Oaks location, this two bedroom, two bath home offers an exceptional opportunity to create something truly special. Set on a 6,611 SF flat, rectangular lot, the property provides a foundation for renovation, expansion, or simply adding your own personal style. The existing 1,131 SF home features a living room with a gas fireplace, stone and wood accents, and beamed ceilings that add warmth and character. Just off the living room, a spacious sun porch provides the perfect setting for entertaining, relaxing, or enjoying a quiet moment with a good book. The private, fenced backyard offers plenty of room to enjoy the outdoors and includes a storage shed and room to add a pool. A mature front yard tree provides a sense of privacy. The property also features an attached two car garage. A new electrical box was installed in 2025. With its desirable Sherman Oaks location, generous lot, existing character, and tremendous potential, this property is ready for your vision. Whether you're an investor seeking an opportunity to add value or a buyer looking to create a home tailored to your own style, the possibilities are endless. Bring your tool kit and imagination to unlock the potential of this special Sherman Oaks property. Close to Ventura Blvd restaurants, shops, Ralph's, and convenient access to the 101 freeway. SHOWN BY APPOINTMENT ONLY.
Location
Los Angeles, Los Angeles County, CA 91423
Open on Google Maps ↗Listed by: Carla Patterson · Rodeo Realty
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$9,095
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $115,000 · Loan: $1,035,000
Average 30-yr fixed rate 7.40% as of Oct 8, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $7,166
- Property tax (1.25%)
- $1,198
- Homeowners insurance
- $300
- Mortgage insurance
- $431
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Oct 8, 2026
- 30-year fixed
- 7.40%
- 15-year fixed
- 6.73%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $40,250 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
Local Market Stats
See Sherman Oaks, CA 91423 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor, Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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