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8355 Willis Avenue, 3, Panorama City, CA 91402

$445K3bd · 2ba · 1,549 sqft
Lot 49,525 sqft•HOA $348/mo•Condominium•
Active
•1893d on market•MLS# 00-537658

Property Description

Spacious 3 bedroom 2 bathroom condominium, one of a kind in this building with 1549 sqft of living area. This unit features 2 bedrooms 1 bathroom upstairs. Upstairs bathroom has standing shower, wall cabinets and double sink with tile floors. Cabinets in hallway for extra storage. 3rd spacious bonus bedroom is downstairs with build in cabinets and closet with ceiling fan and tile floors. Cozy kitchen has plenty of cabinets, ceiling fan, tile floor and tile counter tops with electric cook top and oven, breakfast bar facing the living room. Spacious Livingroom with ceiling fan, tile floors with sliding door to the outside patio. 2nd restroom is downstairs with standing shower and tile floor. Small storage room and small patio. This unit is well kept.

Features & Amenities

FeeBuilt 1962

Property Details

Land Type
Fee
Year Built
1962
Property Type
Residential
Property Subtype
Condominium
Heating
Central
Cooling
Central Air
View
Pool
Flooring
Carpet, Tile
Roof
Composition
City
Panorama City
Zip Code
91402
County
Los Angeles
Listed byRealty One Group Roads, Aracely Vera Sandoval

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,250.16
Principal & Interest
Loan Amount
$356,000
Total Interest
$454,058
Total Payment Over 30 Years
$810,058
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 4 active · 4 closed

8355 Willis Avenue, 3, Panorama City, CA 91402

Panorama City · Condominium

$445K
Affordable Tier
Beds
3
Baths
2
Sqft
1,549
Lot
1.14 ac
Year
1962
$/Sqft
$287
Pool: Yes✓
Spa: No✓
View: Pool✓

Listed 24.9% below the median closed sale of $592,500. Price per sqft ($287) is a 29% discount to closed comps ($406). Closed comps sold at 105% of list — strong seller's market.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $445K· $287/sqft
Total list price
Closed comps
vs closed median $670K
−$225K (−33.6%)
Active comps
vs active median $550K
−$105K (−19.1%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $382
−$95 (−24.8%)

Active Properties (4)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
9041 Van Nuys BoulevardPanorama City1980231,56956,365$335$525,0001281
8825 Willis Ave Unit 5Panorama City1998321,26430,022$435$550,0001878
14363 Nordhoff StreetPanorama City1990331,51088,249$356$538,0002477
14522 Day LilyPanorama City2004421,79383,379$401$719,0009171
Total: 4 · Average3.02.51,53464,503.75$381.75$583,00036.25
Median1,569$550,000

Closed Properties (4)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
9201 Wakefield AvenuePanorama City197305/28/2026421,33459,539$499,999$515,000$3861.035080
14325 Terra Bella StreetPanorama City198507/02/2026231,43656,053$449,000$500,000$3481.114176
9072 SylmarPanorama City200706/16/2026331,472100,773$650,000$670,000$4551.032471
9237 Wakefield AvenuePanorama City201909/17/2026441,7400$749,000$760,000$4371.0116168
Total: 4 · Average3.33.01,495.572,121.667$611,250$611,250$406.5—69
Median1,472$670,000$670,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.