8435 Willis Ave, Panorama City, California 91402
- $1,249,000
- $1,249,000
Overview
- Apartment, Residential Income
- 3536 Sqft
- 1962
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.
Address
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Address: 8435 Willis Ave
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State/county: CA
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Zip/Postal Code: 91402
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Country: US
Details
Updated on June 26, 2026 at 7:54 pm-
Property ID SR26139787
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Price $1,249,000
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Property Size 3536 Sqft
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Land Area 0.124 Acres
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Year Built 1962
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Property Type Apartment, Residential Income
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Property Status Active
Additional details
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Listing Terms Cash to New Loan
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Sewer Public Sewer
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County Los Angeles
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Property Type Residential Income
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Pool None
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Community Features Suburban
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