8435 Willis Ave, Panorama City, CA 91402
Local realty services provided by:CENTURY 21 Discovery
Listed by: james antonucci, michael pesci
Office: keller williams realty-studio city818-432-1500
MLS#:SR26139787
Source:CRMLS
Price summary
- Price:$1,249,000
- Price per sq. ft.:$353.22
About this home
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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Home facts
- Year built:1962
- Listing ID #:SR26139787
- Added:47 day(s) ago
- Updated:August 12, 2026 at 11:16 AM
Rooms and interior
- Living area:3,536 sq. ft.
Structure and exterior
- Year built:1962
- Building area:3,536 sq. ft.
- Lot area:0.12 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,249,000
- Price per sq. ft.:$353.22
Parking
- Total parking spaces:6
- Parking description:6 Carport Space(s)
- Carport spaces:6
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