About This Home

This 1-bedroom, 2-bathroom multi-family at 8435 Willis Ave in Panorama City, CA is listed for $1,149,000. Built in 1962, on a 0.12 acres lot.

Key Features

  • Built in 1962
  • 0.12 acre lot
  • 2 stories
  • 6 parking spaces

Property Details

2 stories
2 full
6 spaces
1962
Listing Description

Contact Listing Agents David Hur - -, James Antonucci - -, Or Mike Pesci - -. 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.

Monthly Cost Estimate

$6,145/mo

20% down · 6.5% · 30 years

Principal$831
Interest$4,979
Insurance$335

Estimates only. Actual payments may vary.

Location

8435 Willis Ave

Panorama City, CA 91402

Questions & Answers

This 1-bedroom, 2-bathroom multi-family at 8435 Willis Ave is listed at $1,149,000. The estimated monthly payment is $6,145 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1962, 0.12 acre lot, 2 stories, 6 parking spaces.

This property is listed by James Antonucci.

JA

James Antonucci

License 01822661

Agent at Keller Williams Realty Studio City

Listed by Keller Williams Realty Studio City · Broker phone: (818) 432-1500 · Broker website

MLS# SR26139787· Source: California Regional Multiple Listing Service, Inc· 129 days on PropertySimple

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

8435 Willis Ave, Panorama City, CA 91402

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