8814 Willis Avenue, Panorama City, CA 91402

Panorama City
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
8814 Willis Avenue,Panorama City, CA 91402
$3,100,000
  • 30 Beds
  • 28 Baths
  • 16,384 sq. ft.
  • Multi-family
  • Active
Listed by: michael sterman
Office: marcus & millichap818-212-2700
MLS#:26103502
Source:CRMLS

Price summary

  • Price:$3,100,000
  • Price per sq. ft.:$189.21

About this home

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...

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Home facts

  • Year built:1986
  • Listing ID #:26103502
  • Added:1 day(s) ago
  • Updated:October 22, 2026 at 12:32 PM

Rooms and interior

  • Bedrooms:30
  • Total bathrooms:28
  • Living area:16,384 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Year built:1986
  • Building area:16,384 sq. ft.
  • Lot area:0.53 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$3,100,000
  • Price per sq. ft.:$189.21

Parking

  • Total parking spaces:30
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