Active

8435 Willis Ave

Panorama City, CA 91402
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Bed 0

Bed

Bath 0

Bath

SqFt3,536

Sqft

SqFt5,402

Sqft(Lot)

Located in the heart of Panorama City, 8435 Willis Ave is a well-maintained 6-unit multifamily property that offers a strong investment opportunity in one of the San Fernando Valley's most desirable rental markets. The building consists of two (2) studio units and four (4) one-bedroom, one-bath units and has undergone several major capital improvements, including upgraded electrical subpanels, a newer roof, completed SB-721 compliance, a finished soft-story seismic retrofit, copper plumbing and remodeled units. These upgrades help minimize maintenance costs while enhancing the property's long-term value. The property also features gated entry, on-site parking, on-site laundry, and individually metered gas and electric service, which improve tenant satisfaction and reduce operating expenses. Conveniently located near Panorama Mall, shopping, dining, public transportation, the Van Nuys Metrolink Station, and major freeways, the property offers excellent accessibility for residents that makes it appealing and highly desirable by tenants. With its combination of recent improvements, desirable amenities, and prime location, 8435 Willis Ave presents a compelling opportunity for investors seeking stable rental income, minimal management and long-term value appreciation. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,249,000

AD Id : 86506144

MLS Id : SR26139787

Lot Size : 5,402 Sqft

Living Area Size : 3,536

Year Built : 1962

County : Los Angeles

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Feature Features

  • Water/Sewer

    Water Source: Public Sewer: Public Sewer

  • Building Information

    Year Built: 1962 Building Area Total: 3,536
  • Pool Features

    None

    Laundry Features

    Common Area

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.124
  • Lot Size Source: Assessor Lot Size Square Feet: 5402

  • Listing Price Information

    Original List Price: 1,249,000 Listing Contract Date: 2026-06-26
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 2653020011

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: PC - Panorama City Directions: North of Roscoe Blvd And West of Van Nuys Blvd Source Property Type: Residential Income Area: PC - Panorama City Property SubType: Apartment
  • Building and Construction

    Property Age: 64 Common Walls: 2+ Common Walls Structure Type: Apartment Year Built Source: Public Records Entry Level: 1 Entry Location: 1 Property Attached: Yes
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Nearby Home Value

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14177 Osborne Street, Panorama City, CA, 91402 $785,000 3 2 1,374 1,374 SqFt
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8068 Hazeltine, Panorama City, CA, 91402 $759,500 3 2 1,315 1,315 SqFt
8156 Hazeltine, Panorama City, CA, 91402 $643,000 3 1 918 918 SqFt
14320 Osborne, Panorama City, CA, 91402 $1,080,000 -- -- 1,866 1,866 SqFt
14320 Osborne, Panorama City, CA, 91402 $1,080,000 5 4 1,866 1,866 SqFt
14601 Del Playa, Panorama City, CA, 91402 $849,999 4 3 1,574 1,574 SqFt
8347 Katherine Avenue, Panorama City, CA, 91402 $770,000 3 1 1,014 1,014 SqFt

Copyright © 2026 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

ByOwner last updated this listing 07/04/2026 @ 13:24

MLS: SR26139787 LISTED BY: James Antonucci, Keller Williams Realty-Studio City 818-432-1500 SOURCE: CRMLS

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