7316 Colbath, Van Nuys, California 91405, Van Nuys, 91405 - 3 bed, 3 bath

7316 Colbath
Van Nuys, California 91405
Property Price
SUMMARY
Analysis of 7316 Colbath, Van Nuys, California 91405 reveals a Prime Investment Opportunity with a current list price of $999,000—significantly undercutting the $1,036,820 Fair Market Value by 3%. This valuation gap indicates a +$37,820 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Van Nuys Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7316 Colbath Subject | $999,000* List Price | 3 | 3 | 1,986 | $522 | - |
A 14658 Cohasset Sold | $955,000 | 4 | 2 | 1,639 | $583 | 1.0 mi |
B 7026 Colbath Avenue Sold | $972,000 | 3 | 2 | 1,722 | $564 | 0.4 mi |
C 14126 Runnymede Sold | $1,165,000 | 3 | 3 | 1,886 | $618 | 0.3 mi |
D 14421 Cohasset Street Sold | $880,000 | 4 | 2 | 1,802 | $488 | 0.7 mi |
E 14300 Runnymede Street Sold | $1,050,000 | 4 | 2 | 1,945 | $540 | 0.5 mi |
F 14012 Valerio Street Sold | $1,100,000 | 3 | 3 | 1,928 | $571 | 0.1 mi |
G 7017 Murietta Avenue Active | $810,000 List Price | 3 | 2 | 1,441 | $562 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This property is a fully renovated, turnkey residence featuring extensive recent upgrades including a 2020 roof, updated electrical and plumbing, and full smart-home integration. The interior boasts a modern open-concept layout with recessed lighting, custom closets, and high-end finishes, while the exterior includes professional landscaping and dual EV charging stations, meeting the criteria for a recently renovated home with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Kester Avenue Elementary School (9/10).
- Extensive Turnkey Upgrades
The property boasts over $100,000 in exterior improvements and a fully renovated interior, including a 2020 roof, updated electrical/plumbing, and high-end smart-home integration for immediate move-in readiness.
- Premium Custom Amenities
Unique features such as dual EV charging stations, custom-lit closets in every bedroom, and a built-in bar provide a level of luxury and functionality that distinguishes it from standard area listings.
CONSRISKS & DEFICIENCIES
- Modest Lot Size
At under 6,000 square feet, the lot size is relatively standard for the area, which may limit options for significant outdoor expansion or the addition of a large pool.
- Inconsistent Local School Ratings
While some nearby schools are highly rated, several of the immediate neighborhood public schools have lower performance scores, which could be a consideration for education-focused buyers.
About 7316 Colbath
Welcome to this turnkey, thoughtfully upgraded 3-bedroom, 3-bath home offering privacy, smart-home convenience, and seamless indoor-outdoor living. Just under 2,000 square feet on a nearly 6,000 square foot fully fenced lot, this residence feels like a private retreat in the heart of Van Nuys. Over $100,000 in exterior improvements include a newer roof (2020), modern garage door system with remote access, additional side-entrance access, and professionally designed landscaping with drip irrigation and timed sprinkler systems. Layered exterior lighting—elevation sconces, pathway lights, landscape accents, and backyard market lights on timers—creates an inviting atmosphere for evening entertaining, while the backyard features a dedicated entertainment area with accent wood feature wall. Inside, the home has been extensively renovated with updated electrical, recessed lighting throughout on dimmers, and full smart-home integration with remote access and Alexa compatibility. Recent plumbing updates improve water pressure in all bathrooms, and an open-concept layout was achieved through the removal of interior walls and doors, including a pocket door in the primary bathroom. Custom features include a built-in living room bar, custom closets in every bedroom with integrated lighting, additional storage built-ins in the mudroom and garage, two EV charging stations, custom window treatments, and designer wall sconces in select bedrooms and dining areas. Security and privacy are enhanced with full perimeter fencing, five exterior cameras, and a Ring alarm system. A rare opportunity to own a move-in-ready home in the heart of the San Fernando Valley!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1954
- Lot Size
- 5,910 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Van Nuys Unified Schools
Hazeltine Avenue Elementary School
Grades K-5 • 0.3 mi
Andres And Maria Cardenas Elementary School
Grades K-5 • 0.6 mi
Andres And Maria Cardenas Elementary School
Grades K-5 • 0.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 53% |
| Square foot | 1,986 | 1,631 | 83% |
| Lot Size | 5,910 | 6,684.5 | 26% |
| Price | $999.0K | $867.5K | 74% |
| Price per sq ft | $503 | $531 | 48% |
| Built year | 1954 | 1954 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 26 | 169 | 2% |
Pricing History
Listed for Sale
Mar 1, 2026
$999,000
$1,199,000
-17% Price Drop
Initial Listing
Price Change
Feb 8, 2026
$1,990,000
Initial Listing
Price Change
Feb 8, 2026
$1,199,000
Initial Listing
Sold
Nov 10, 2020
$860,000
Public Record
Sold
Jun 23, 2020
$585,000
Public Record







































