8814 Willis Avenue, Panorama City, CA — listing photo 1
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FOR SALENew Listing

8814 Willis Avenue

Panorama City, CA 91402
30 Beds
28 Baths
16,384 Sq Ft
Built 1986
$3,100,000

Property Overview

We are pleased to present 8814 Willis Ave, a 15-unit multifamily property located in Panorama City, California. Built in 1986, the property consists of approximately 16,384 square feet of rentable living area situated on a substantial 23,272-square-foot lot. The building features an attractive unit mix of two (2) one-bedroom/one-bathroom units, eleven (11) two-bedroom/two-bathroom units, and two(2) three-bedroom/two-bathroom units, providing investors with a strong concentration of larger two- and three-bedroom floor plans. The property's combination of larger units, efficient layouts, and expansive lot creates an attractive multifamily investment opportunity in the San Fernando Valley. Built in 1986, the property is not subject to LA City Rent Control, providing investors with greater flexibility in managing the asset. With 13 of the property's 15 units offering two or three bedrooms, 8814 Willis Ave provides a desirable unit mix designed to accommodate a variety of household sizes while supporting long-term rental demand. Located near Kaiser Permanente Panorama City Medical Center, Plaza del Valle, Van Nuys Boulevard, and numerous shopping, dining, and employment destinations, the property offers residents convenient access to everyday amenities throughout Panorama City and the surrounding San Fernando Valley. Nearby access to the 5, 118, and 405 Freeways further enhances regional connectivity. Combining a substantial lot, desirable unit mix, and convenient location, 8814 Willis Ave represents a compelling opportunity to acquire a multifamily asset positioned for long-term ownership in the San Fernando Valley.

Home Details

Property type
Residential Income
Year built
1986
Living area
16,384 sq ft
Lot size
23,272 sq ft
Parking
30 spaces
Stories
2
Days on market
6
MLS status
Active
Zoning
LARD1.5

Community, Schools & Utilities

Utilities

Heating
Central
Cooling
CentralAir

Location & Neighborhood

8814 Willis Avenue

Panorama City, CA 91402

Frequently Asked Questions About 8814 Willis Avenue

Property type: Residential Income

The current asking price is $3,100,000. 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 8814 Willis Avenue. Our team will confirm availability and timing.
This 30 bedrooms and 28 bathrooms property offers approximately 16,384 square feet of living space. It was built in 1986. 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 6 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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Listing Agent

Name: Michael Sterman
MLS ID: CLW-C129728

Available property

$3,100,000

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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.