8814 Willis AVE, Panorama City, CA 91402
8814 Willis AVE, Panorama City, CA 91402
8814 Willis AVE, Panorama City, CA 91402
8814 Willis AVE, Panorama City, CA 91402
8814 Willis AVE, Panorama City, CA 91402
8814 Willis AVE, Panorama City, CA 91402
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The Brandon Drew Group

The Brandon Drew Group

+1(909) 944-8800
$ 3,100,000
Est. payment | /mo

30 Beds

28 Baths

16,384 SqFt

Save
$ 3,100,000
Est. payment | /mo
Save

30 Beds

28 Baths

16,384 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 16,384 sqft

Price per Sqft $189

MLS Listing ID 26103502

Bedrooms 30

HOA Y/N No

Year Built 1986

Lot Size 0.534 Acres

Property Description

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 while supporting long-term rental demand. Located near Kaiser Permanente Panorama City Medical Center, Plaza del Valle, Van Nuys Boulevard, and numerous shopping, dining, and employment destinations, the property offers residents convenient access to everyday amenities throughout Panorama City and the surrounding San Fernando Valley. Nearby access to the 5, 118, and 405 Freeways further enhances regional connectivity. Combining a substantial lot, desirable unit mix, and convenient location, 8814 Willis Ave represents a compelling opportunity to acquire a multifamily asset positioned for long-term ownership in the San Fernando Valley.

Location

State CA

County Los Angeles

Area Pc - Panorama City

Zoning LARD1.5

Interior

Heating Central

Cooling Central Air

Fireplace No

Exterior

Total Parking Spaces 30

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 2653004099

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Michael Sterman Marcus & Millichap #01911703

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Why The Brandon Drew Group?

THIS IS OUR PURPOSE .
 
Named for our son. Built for your family. The Brandon Drew Group is a family-run mortgage firm in Rancho Cucamonga, California, named in memory of Robert and Colleen Olivas's son Brandon Drew. What started as a way to honor him became a calling — to make sure every family who walks through our door is treated with the same patience, honesty, and care we wish for our own. The story behind the name →

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8814 Willis AVE