4544 Colbath Avenue

Sherman Oaks, CA 91423

$3,750,000
Price
6
Beds
17
Baths
10,300 Sq. Ft.
$364 / Sq. Ft.
10,300
Sq. Ft.
$364
per Sq. Ft.

Description

Nestled in the vibrant heart of Sherman Oaks, this attractive 10-unit apartment building with secured entrance seamlessly combines timeless character with an enviable location. The property offers a delightful mix of one and two bedroom units, each boasting spacious layouts and an abundance of natural light. The inviting interiors radiate warmth and comfort, reflecting the long-standing charm of this well-established complex. Some apartments have laundry hookups inside the unit, other Tenants use...Nestled in the vibrant heart of Sherman Oaks, this attractive 10-unit apartment building with secured entrance seamlessly combines timeless character with an enviable location. The property offers a delightful mix of one and two bedroom units, each boasting spacious layouts and an abundance of natural light. The inviting interiors radiate warmth and comfort, reflecting the long-standing charm of this well-established complex. Some apartments have laundry hookups inside the unit, other Tenants use the convenient laundry room. Tenants enjoy the sparkling pool with bespoke areas for entertaining and relaxing. The complex also offers 19 assigned parking spaces. This beautiful property is set on a tranquil, tree-lined street, the building enjoys a serene ambiance, while remaining just minutes from the bustling shops, restaurants, and entertainment of Ventura Boulevard, as well as convenient access to the 101 freeway. Perfectly suited for discerning investors or visionary developers, this rare opportunity in one of the most sought-after neighborhoods is a prime investment prospect that should be considered.

Listing Agents

  1. Rena Braud

    Rena Braud

    Listing Agent

    Compass

    DRE #01128549

    rena.braud@compass.com

    P: (310)-908-4513

  2. Andrew Houston

    Andrew Houston

    Alternative Listing Agent

    Compass

    DRE #02197427

Property Details for 4544 Colbath Avenue

Parking Spaces Total
19
Private Pool
No
Total Units
10.0
Living Area
10300
New Construction
No
Building Area Total
10300
Stories Total
2
Spa
No
LISTING UPDATED: 01/10/2025 09:05 AM

Property Details for 4544 Colbath Avenue

StatusActive
MLS #25479485
Days on Market1
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1963
Lot Size0.24 AC / 10,581 SF
CountyLos Angeles County

Building Information for 4544 Colbath Avenue

Stories2Residences-Year Built1963Building Size-Lot Size0.24 AC / 10,581 SF

Property Information for 4544 Colbath Avenue

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $1,800
  • Gross Operating Income: $302,000
  • Net Operating Income: $242,000
  • Laundry Income: $1,800
  • Gross Multiplier: 8.5
  • Cap Rate: 6.45
Expense Details
  • New Taxes Expense: $6,114
  • Gardener Expense: $3,560
  • Electric Expense: $4,100
  • Insurance Expense: $17,120
  • Maintenance Expense: $11,000
  • Trash Expense: $3,726
  • Water Sewer Expense: $10,173
  • Total Expenses: $60,000
Community / Development
Community / Development
  • Assessments YN: No
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, Disposal, Refrigerator
  • Interior Features: Ceiling Fan(s)
  • Laundry: Yes
  • Laundry Features: Dryer Included, Community, Individual Room
  • Cooling: Central Air
  • Heating: Central
  • Flooring: Carpet, Wood, Laminate
Exterior Features
  • Roof: Composition, Shingle
  • Entry Location: Main Level
  • Pool Features: In Ground, Community
  • Spa Features: None
Land/Lot Info
  • Direction Faces: West
  • Levels: One
Parking Info
  • Parking: Yes
  • Parking Features: Community Structure, Tandem Garage, Concrete
Unit Information
Unit 1
  • Unit Type Units Total: 3
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Actual Rent: $8,100
  • Unit Type Total Rent: $8,100
  • Unit Type Pro Forma: 0
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 5
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Actual Rent: $10,210
  • Unit Type Total Rent: $3,810
  • Unit Type Pro Forma: 6400
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Actual Rent: $12,650
  • Unit Type Total Rent: $2,750
  • Unit Type Pro Forma: 3500
  • Unit Type Type: 3
Unit Information
  • Number Of Buildings: 2

Property History for 4544 Colbath Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4544 Colbath Avenue

Taxable ValueLand$61,024Additions$310,052Total$371,076
Tax Record2024$6,204 ($517 / month)
Home Facts
Total Finished SqFt10,300 SqFtAbove Grade Finished SqFt10,300 SqFtLot Size10,578 SqFtStyleMulti-Family Res (5+ Units)Year Built1963ZoningLAR3CountyLOS ANGELESAPN2271-004-012

Schools near 4544 Colbath Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Charter - K to 5
Public - 6 to 8
Charter - 6 to 8
Public - 9 to 12
Rating
School
Distance
Dixie Canyon Community Charter School
CharterK to 5

Van Nuys Middle School
Public6 to 8

Louis D. Armstrong Middle School
Charter6 to 8

Ulysses S. Grant Senior High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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4544 Colbath Avenue is a multi-family home for sale in Sherman Oaks, CA 91423. This property was listed for sale on January 9, 2025 by Compass, it's currently listed at $3,750,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Dixie Canyon Community Charter School, Van Nuys Middle School and Louis D. Armstrong Middle School. 4544 Colbath Avenue is a 6-bed, 17-bath, 10,300 sqft multi-family home built in 1963.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Rena Braud, DRE #01128549; Compass, Andrew Houston, DRE #02197427

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.