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$1,149,000

FOR SALE
Active

8435 Willis Ave

Panorama City, CA

MLS# SR26139787

Apartment
142 days on marketNalren refreshed

Listing Agent

James Antonucci

Listing Agent

Keller Williams Realty-Studio City

DRE #: 01822661

(818) 381-6601

Brokerage: Keller Williams Realty-Studio City

Michael Pesci

Co-Listing Agent

Keller Williams Studio City

DRE #: 01274379

Brokerage: Keller Williams Studio City

Property Details

N/A

Bedrooms

N/A

Bathrooms

N/A

Square Feet

1962

Year Built

5,402 sqft

Lot Size

N/A

Price/Sq Ft

0

Garage Spaces

N/A

HOA

Apartment

Property Type

Description

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.

Facts & Features

Interior

Laundry Features
Community Laundry

Exterior

Private Pool
No
Lot Features
Six To Ten Units Acre

Building

Year Built
1962
Building Area Total
3,536
Stories Total
2

Utilities

Sewer
Public Sewer
Water Source
Public

Parking

Garage Spaces
0
Parking Total
6

Community / HOA

HOA
No
Association Fee
$0

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