Skip main navigation
For sale
  • Listed by: Keller Williams Realty-Studio City • James Antonucci • Contact: 818-381-6601
    $1,249,000

    8435 Willis Ave, Panorama City, CA 91402

    4beds
    6baths
    3,536sqft
    : 
    $7,942/mo
    Get pre-qualified
    Multi Family
    Built in 1962
    -- sqft lot
    $1,225,500 Zestimate®
    $353/sqft
    $-- HOA

    What's special

    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.
    54 days
    |
    124
    |
    3
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    James Antonucci DRE #01822661 818-381-6601,

    Keller Williams Realty-Studio City,

    Michael Pesci DRE #01274379 818-432-1627,

    Keller Williams Studio City

    Source: CRMLS,MLS#: SR26139787MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 6
      Appliances
      • Laundry: Common Area
      Features
      • Common walls with other units/homes: 2+ Common Walls
      Interior area
      • Total structure area: 3,536
      • Total interior livable area: 3,536 sqft

      Property

      Parking
      • Total spaces: 6
      • Parking features: Carport
      • Carport spaces: 6
      Features
      • Entry location: 1
      • Pool features: None
      Lot
      • Size: 5,402 Square Feet
      • Features: 6-10 Units/Acre
      Details
      • Parcel number: 2653020011
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      • Attached to another structure: Yes
      Condition
      • New construction: No
      • Year built: 1962

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Suburban
      Location
      • Region: Panorama City

      Financial & listing details

      • Price per square foot: $353/sqft
      • Date on market: 6/26/2026
      • Listing terms: Cash to New Loan
      • Total actual rent: 8919

        Estimated market value

        $1,225,500

        $1.16M - $1.29M

        $1,815/mo

        Price history

        DateEventPrice
        6/26/2026Listed for sale$1,249,000+33.6%$353/sqft
        Source: CRMLS #SR26139787 Report a problem
        4/1/2026Listing removed$1,575
        Source: Zillow Rentals Report a problem
        3/23/2026Listed for rent$1,575
        Source: Zillow Rentals Report a problem
        10/1/2018Listing removed$935,000$264/sqft
        Source: Marcus & Millichap #18329378 Report a problem
        6/28/2018Listed for sale$935,000$264/sqft
        Source: Marcus & Millichap #18329378 Report a problem
        6/15/2018Pending sale$935,000$264/sqft
        Source: Marcus & Millichap #18329378 Report a problem
        5/17/2018Price change$935,000-1.6%$264/sqft
        Source: Marcus & Millichap #18329378 Report a problem
        4/30/2018Price change$950,000-1%$269/sqft
        Source: Marcus & Millichap #18329378 Report a problem
        3/29/2018Price change$960,000+3.2%$271/sqft
        Source: Marcus & Millichap #17256460 Report a problem
        10/13/2017Listed for sale$930,000$263/sqft
        Source: Marcus & Millichap #17256460 Report a problem
        10/13/2017Pending sale$930,000$263/sqft
        Source: Marcus & Millichap #17256460 Report a problem
        9/11/2017Price change$930,000-3.1%$263/sqft
        Source: Marcus & Millichap #17256460 Report a problem
        7/31/2017Listed for sale$960,000+54.8%$271/sqft
        Source: Marcus & Millichap #17256460 Report a problem
        4/16/2013Listing removed$620,000$175/sqft
        Source: Pinnacle Estate Properties, I #F11133490 Report a problem
        2/27/2013Pending sale$620,000$175/sqft
        Source: Pinnacle Estate Properties, I #F11133490 Report a problem
        8/22/2012Price change$620,000-3%$175/sqft
        Source: Pinnacle Estate Properties, I #F11133490 Report a problem
        6/27/2012Price change$639,000+6.7%$181/sqft
        Source: Pinnacle Estate Properties, I #F11133490 Report a problem
        6/20/2012Price change$599,000-6.3%$169/sqft
        Source: Pinnacle Estate Properties, I #F11133490 Report a problem
        6/6/2012Price change$639,000-3%$181/sqft
        Source: Pinnacle Estate Properties, I #F11133490 Report a problem
        12/17/2011Price change$659,000-3.8%$186/sqft
        Source: Pinnacle Estate Properties, I #F11133490 Report a problem
        11/17/2011Listed for sale$685,000$194/sqft
        Source: Pinnacle Estate Properties, I #F11133490 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Panorama City

        Getting around

        72 / 100
        Very Walkable
        58 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes

            • Local buyer's agents are ready to help