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8435 Willis Ave

Panorama City, CA 91402
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Bed 1

Bed

Bath 2

Bath

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 operat ing 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 : ResidentialIncome

Price : $1,195,000

AD Id : 86506144

MLS Id : SR26139787

Beds : 1

Lot Size : 5,402 Sq. Ft

Year Built : 1962

County : Los Angeles

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Feature Features

  • Building Information

    Year Built: 1962
    Building Area Total: 3536
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 5402 Lot Size Acres: 0.124 Lot Size Source: Assessor Lot Size Square Feet: 5,402 Lot Description: SixToTenUnitsAcre

  • Listing Price Information

    Listing Price: $1195000
    Original Price: $1249000
    CashToNewLoan

  • Tax Information

    Parcel Number: 2653020011 Tax Lot: 203

  • Parking Information

    Parking Total: 6

  • Location Information

    Direction: North of Roscoe Blvd And West of Van Nuys Blvd WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
8320 Bardwell Ave., Panorama City, CA, 91402 $824,500 3 2 1,184 9,894 Sq. Ft
13712 Community, Panorama City, CA, 91402 $1,600,000 6 6 2,552 6,034 Sq. Ft
8341 Minuet Place, Panorama City, CA, 91402 $649,999 3 1 1,014 6,350 Sq. Ft
8644 Cantaloupe, Panorama City, CA, 91402 $615,000 3 2 806 5,901 Sq. Ft
8040 Ranchito Avenue, Panorama City, CA, 91402 $2,049,000 10 8 4,000 9,741 Sq. Ft
7801 & 7803 Clearfield .., Panorama City, CA, 91402 $1,349,000 6 3 2,239 6,059 Sq. Ft
7842 Clearfield Avenue, Panorama City, CA, 91402 $1,175,000 3 3 1,863 6,336 Sq. Ft
8330 Stansbury Avenue, Panorama City, CA, 91402 $719,888 3 1 1,014 5,957 Sq. Ft
8007 Broadleaf, Panorama City, CA, 91402 $947,000 4 4 1,950 6,573 Sq. Ft
8156 Hazeltine, Panorama City, CA, 91402 $649,000 3 1 918 5,367 Sq. Ft

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 10/05/2026 @ 13:12

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

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