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Listed by: James Antonucci (818) 432-1513 DRE #01822661, Michael Pesci DRE #01274379 | Keller Williams Realty-Studio City (818) 432-1500
$1,149,000
Monthly Est:$5,719
1 Bed
- 2 Baths
3,536sqft
8435 Willis Ave, Panorama City, CA 91402
$1,149,000
$5,719/moEst:
Get Pre-Approved
Apartment
Built in 1962
$-- HOA
5,402 sqft lot
$325/sq.ft
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.
- Houzeo last checked: 11 minutes ago
- Listing updated: October 14, 2026 at 12:15 am
- Source: California Regional MLS-CA | MLS#: SR26139787

Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1962
HOA Fees
-
Finished Area
3,536 sqft
Lot Size
5,402 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
SR26139787
MLS Status
Active
Days on Market
132
Cumulative Days on Market
109

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: 1
Bathrooms: 2
Interior
Sewer
Public Sewer
Utilities & Energy
Pool Features
None
Water Source
Public
Laundry Features
Common Area
Other Features
Community Features
Suburban
Lot Features
Six To Ten Units Acre
Price History
| Date | Event | Price |
|---|---|---|
10/12/2026 Source: | Price Decreased | $1,149,000 -3.85% $325/sqft |
08/31/2026 Source: | Price Decreased | $1,195,000 -4.32% $338/sqft |
06/26/2026 Source: | Listed for Sale | $1,249,000 +101.45% $353/sqft |
04/15/2013 Source: | Sold | $620,000 $175/sqft |
Panorama City Ranks #185 in Los Angeles, CA
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Based on information from California Regional Multiple Listing Service, Inc. as of Nov 06, 2026, 04:45AM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
Advertising Broker: William Johnson DRE #01463271 | William Johnson Brokerage








