8857 Willis Ave, Panorama City, CA 91402

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Building Details:

• Year Built: 1987

8857 Willis Ave is located in Panorama City, CA.

This 11 unit building, located in the heart of the San Fernando Valley, has 10 two bedrooms/1 bath, and one/one bedroom/1 bath. Very busy area, no vacancy! no deferred maintenance. Great bread & butter units. This building has a brand new roof, installed last year. Close access to the 405, 134 & 170 Freeway. There is an assumable loan on the property, with a 1% assumption fee, for 1,200,000 @ 6.02. Spacious units with walk-in closets. 7.47% Cap Rate.