8435 Willis Ave, Panorama City, CA — listing photo 1
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FOR SALE

8435 Willis Ave

Panorama City, CA 91402
5,402 Lot Sq Ft
Built 1962
$1,195,000
Price ReducedWas $1,249,000 — $1,195,000 (-$54,000)

Property Overview

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 Details

Property type
Residential Income - Apartment
Year built
1962
Lot size
5,402 sq ft
Parking
6 spaces
Carport
6 spaces
Stories
2
Days on market
66
MLS status
Active

Features & Amenities

Pool

  • None

Lot

  • Six To Ten Units Acre

Community, Schools & Utilities

Utilities

Water
Public
Sewer
PublicSewer

Location & Neighborhood

8435 Willis Ave

Panorama City, CA 91402

Frequently Asked Questions About 8435 Willis Ave

Property type: Residential Income

The current asking price is $1,195,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 8435 Willis Ave. Our team will confirm availability and timing.
This property offers the living space reported in the listing. It was built in 1962. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Panorama City, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Panorama City property.
The MLS currently reports the property as Active. It has been listed for 66 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Reza Barghlameno

eXp of California

Listing Agent

Name: James Antonucci
MLS ID: SR175529332

Available property

$1,195,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.