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

7316 Colbath, Van Nuys, California 91405 home-pic-0

7316 Colbath

Van Nuys, California 91405

ACTIVE
CONDITION: EXCELLENT
3Beds
3Baths
1,986Sq Ft
5,910Lot Size

Property Price

LIST PRICE$999,000
EST. MARKET VALUE
$1,036,820
3% BelowMARKET VALUE

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

$1,036,820 +$37,820 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Van Nuys.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
7316 Colbath
Subject
$999,000*
List Price
331,986$522-
A
14658 Cohasset
Sold
$955,000421,639$5831.0 mi
B
7026 Colbath Avenue
Sold
$972,000321,722$5640.4 mi
C
14126 Runnymede
Sold
$1,165,000331,886$6180.3 mi
D
14421 Cohasset Street
Sold
$880,000421,802$4880.7 mi
E
14300 Runnymede Street
Sold
$1,050,000421,945$5400.5 mi
F
14012 Valerio Street
Sold
$1,100,000331,928$5710.1 mi
G
7017 Murietta Avenue
Active
$810,000
List Price
321,441$5620.4 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

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

5/10

Andres And Maria Cardenas Elementary School

Grades K-5 • 0.6 mi

1/10

Andres And Maria Cardenas Elementary School

Grades K-5 • 0.6 mi

3/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths3.02.0
53%
Square foot1,9861,631
83%
Lot Size5,9106,684.5
26%
Price$999.0K$867.5K
74%
Price per sq ft$503$531
48%
Built year19541954
50%
HOA$0$0
50%
Days on market26169
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

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