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6-Unit Apartment Building

8435 Willis Ave, Panorama City, CA 91402

For Sale
$1,149,000

Residents have gated entry, on-site parking and laundry, with gas and electric service separately metered.

Property Size3,536 SF
Price / SF$324.94
Days on Market136

Property Features for 8435 Willis Ave

General Information

Standard status Active
Size 3,536 SF
Property subtype Apartment

Site & Location

Highway Access Yes
Public Transit Yes

Units

Unit Mix 2 x studio, 4 x 1BR/1BA
Multifamily Units 6
Individually Metered Utilities gas, electricity

Amenities

gated entry
on-site parking
on-site laundry

Building Details

Building Size 3,536 SF
Year Built 1962
Buildings 1
Listing Agency: Keller Williams Realty-Studio City
Listed By: James Antonucci · License #01822661
Source: Chrispickettrealestate
Added: Jun 26 Changed: Nov 7 Last Checked: Nov 7 at 12:42PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty-Studio City

Rey
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Investment Insights

Based on property information with market context.

This 3,536-square-foot apartment property, built in 1962, contains six units: two studios and four one-bedroom, one-bathroom apartments. Improvements include copper plumbing, upgraded electrical subpanels, a newer roof, remodeled units, completed SB-721 compliance and a finished soft-story seismic retrofit. The site also has gated entry, parking and laundry, while gas and electric are individually metered.

The property is in Panorama City, near Panorama Mall, shopping, dining, public transportation, the Van Nuys Metrolink Station and major freeways.

Key Highlights

  • Six apartments: two studios and four one‑bedroom, one‑bath units
  • 3,536 square feet; built in 1962
  • Completed soft‑story seismic retrofit and SB‑721 compliance

Property Analytics

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Lease Details

6
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,992
Businesses Nearby

Demographics for 91402, CA

70,140
Population
20,570
Households
3.4
Avg Household Size
35
Median Age
19%
College-Educated
67%
High-School Grad
3.7 sq mi
ZIP Area
18,957
Density / Sq Mi
$56,369
Median Household Income
$31,452
Median Earnings
$1,607
Median Rent
$586,500
Median Home Value
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Market

Average Price Trend$/SF for Apartment buildings in Los Angeles County, CA

$410 Jul
$401 Aug
$397 Sep
$400 Oct

Properties on Market for Apartment buildings in Los Angeles County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Residents have gated entry, on-site parking and laundry, with gas and electric service separately metered.
Where is this apartment building located?
The property is located at 8435 Willis Ave Panorama City, CA.
What is the asking price?
The asking price for this property is $1,149,000.
What are key features of this property?
This property features: Six apartments: two studios and four one‑bedroom, one‑bath units; 3,536 square feet; built in 1962; Completed soft‑story seismic retrofit and SB‑721 compliance
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