8435 Willis Ave , Panorama City, CA 91402
$1,249,000
Est. Payment: $6,284.77/mo
1 Bed
2 Bath
3536 Sqft
Status: active | Days on site: 43
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

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.

Highlights

Listed by James Antonucci , 818-432-1513 and Michael Pesci , 818-432-1627 Keller Williams Realty-Studio City , 818-432-1500. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.12

Year Built

1962

County

Los Angeles

Area

PC - Panorama City

Listing ID

SR26139787

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:1
  • Bathrooms:2
  • Full Bathrooms:
Other:Public

Exterior Features

Lot:6-10 Units/Acre,No Land Lease
Garage Capacity:6
Others:2+ Total Units
Sewer:Public Sewer
Principal Interest
$6,285
Taxes
$796

Home Price

$1,249,000

Loan Details

30 yrs
6.453%

Down Payment

20%
$249,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$6,284.77

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,284.77 $796.24 $0.00 $7,081.01
Yearly $75,417.25 $9,554.85 $0.00 $84,972.10
Total $2,262,517.40 $286,645.50 $0.00 $2,549,162.90

Today's Rates

30 Year

6.45%

20 Year

6.33%

15 Year

5.88%

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Average Days on Market

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Market insight data is pulled from the same city as the listing being viewed (Panorama City, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-08-09T00:36:01.000Z

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