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8825 Willis Ave Unit 5, Panorama City, CA 91402
$550K3bd · 2ba · 1,264 sqft
Lot 30,022 sqft•HOA $381/mo•Condominium•Active•19d on market•MLS# SR-26207572
8825 Willis Ave Unit 5, Panorama City, CA 91402
MLS# SR-26207572•Residential•Condominium
Active19 days on market
$550,000
3
Beds
2
Baths
1,264
Sq Ft
30,022
Lot Sq Ft
$381
HOA/mo
1998
Year Built
Water, See Remarks
View
Property Description
Look no further! 3 Bedrooms 2 Full Baths, detached FHA approved Townhome in the heart of the San Fernando Valley. 2 Car garage with 2 additional parking spaces infront of the garage and it's allowed. Side yard and small backyard area aswell. The HOA includes Water which means no water bill! Upgraded Kitchen, Baths and Flooring!
Features & Amenities
FeeBuilt 1998
Property Details
Land Type
Fee
Year Built
1998
Property Type
Residential
Property Subtype
Condominium
Heating
Central
Cooling
Central Air, None
View
Water, See Remarks
Flooring
Vinyl
City
Panorama City
Zip Code
91402
County
Los Angeles
Mortgage Calculator
Current Rates
$
$
%
Monthly Payment
$2,781.10
Principal & Interest
Loan Amount
$440,000
Total Interest
$561,196
Total Payment Over 30 Years
$1,001,196
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 · 5 active · 5 closed
8825 Willis Ave Unit 5, Panorama City, CA 91402
Panorama City · Condominium
$550K
Affordable TierBeds
3
Baths
2
Sqft
1,264
Lot
30,022 sqft
Year
1998
$/Sqft
$435
Pool: No✓
Spa: No✓
View: water✓
Garage: 2-car✓
Listed 15.5% above the median closed sale of $476,000. Closed comps sold at 102% of list — strong seller's market.
Price Position
Positioned above the market — commands a premium.
Premium
Subject listed at $550K· $435/sqft
Total list price
Closed comps
vs closed median $476K
+$74K (+15.5%)
Active comps
vs active median $469K
+$81K (+17.3%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $369
+$66 (+17.8%)
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 9601 Sylmar Avenue | Panorama City | 1980 | 3 | 2 | 1,096 | 0 | $428 | $469,000 | 45 | 84 |
| 9376 Moonbeam Avenue | Panorama City | 1979 | 3 | 2 | 1,145 | 34,829 | $471 | $539,000 | 104 | 82 |
| 9053 Willis | Panorama City | 1981 | 2 | 2 | 1,152 | 17,334 | $347 | $400,000 | 9 | 82 |
| 8847 Willis Avenue | Panorama City | 1979 | 3 | 2 | 1,227 | 66,046 | $244 | $299,000 | 41 | 78 |
| 14363 Nordhoff Street | Panorama City | 1990 | 3 | 3 | 1,510 | 88,249 | $356 | $538,000 | 19 | 75 |
| Total: 5 · Average | 2.8 | 2.2 | 1,226 | 51,614.5 | $369.2 | $449,000 | 43.6 | |||
| Median | 1,152 | $469,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 14401 Plummer Street | Panorama City | 1981 | 08/14/2026 | 3 | 2 | 1,098 | 52,180 | $450,000 | $476,000 | $434 | 1.06 | 43 | 79 |
| 9072 Sylmar | Panorama City | 2007 | 06/16/2026 | 3 | 3 | 1,472 | 100,773 | $650,000 | $670,000 | $455 | 1.03 | 24 | 77 |
| 9525 Sylmar Avenue | Panorama City | 1980 | 07/13/2026 | 2 | 2 | 1,072 | 55,177 | $460,000 | $460,000 | $429 | 1.00 | 105 | 76 |
| 9051 Cedros Avenue | Panorama City | 1978 | 08/30/2026 | 2 | 2 | 986 | 25,406 | $390,000 | $385,000 | $390 | 0.99 | 74 | 75 |
| 9201 Wakefield Avenue | Panorama City | 1973 | 05/28/2026 | 4 | 2 | 1,334 | 59,539 | $499,999 | $515,000 | $386 | 1.03 | 50 | 74 |
| Total: 5 · Average | 2.8 | 2.2 | 1,192.4 | 58,615 | $501,200 | $501,200 | $418.8 | — | 59.2 | ||||
| Median | 1,098 | $476,000 | $476,000 | ||||||||||
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.