8847 Willis Avenue, B-8, Panorama City, CA 91402
8847 Willis Avenue, B-8, Panorama City, CA 91402
Property Description
Filled with natural light, this Willis Villas II condo offers a comfortable open living and dining layout with great potential to make your own. The kitchen provides generous cabinetry and counter space and flows into a spacious dining area lined with built-in storage. A sliding door opens to a private covered balcony with its own storage closet — welcome extra space. Set within a secure gated community, residents enjoy a community pool, on-site laundry, and tandem off-street parking for two. Ideally positioned in central Panorama City with easy access to Roscoe Blvd, Van Nuys Blvd, and the I-405. You're right around the corner from top-rated Alta California Elementary (GreatSchools 8/10), a short walk from Sepulveda Recreation Center's pool and sports courts, and minutes from shopping and dining at Panorama Mall. Bring your vision and book your viewing today!
Features & Amenities
Property Details
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Comparative Market Analysis
Affordable Tier · 5 active · 5 closed
Panorama City · Condominium
Listed 37.2% below the median closed sale of $476,000. Price per sqft ($244) is a 41% discount to closed comps ($417). Closed comps sold at 103% of list — strong seller's market.
Price Position
Priced below the market — value advantage over the field.
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 | 51 | 90 |
| 9376 Moonbeam Avenue | Panorama City | 1979 | 3 | 2 | 1,145 | 34,829 | $471 | $539,000 | 110 | 90 |
| 8825 Willis Ave Unit 5 | Panorama City | 1998 | 3 | 2 | 1,264 | 30,022 | $435 | $550,000 | 19 | 86 |
| 7924 Woodman Avenue | Panorama City | 1971 | 2 | 2 | 1,117 | 90,645 | $397 | $444,000 | 10 | 85 |
| 8800 Cedros Avenue | Panorama City | 1977 | 2 | 2 | 1,002 | 48,672 | $379 | $379,900 | 16 | 85 |
| Total: 5 · Average | 2.6 | 2.0 | 1,124.8 | 51,042 | $422 | $476,380 | 41.2 | |||
| Median | 1,117 | $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 | 91 |
| 9525 Sylmar Avenue | Panorama City | 1980 | 07/13/2026 | 2 | 2 | 1,072 | 55,177 | $460,000 | $460,000 | $429 | 1.00 | 105 | 86 |
| 7924 Woodman Avenue | Panorama City | 1971 | 09/30/2026 | 2 | 2 | 1,117 | 90,648 | $469,995 | $498,000 | $446 | 1.06 | 100 | 85 |
| 9201 Wakefield Avenue | Panorama City | 1973 | 05/28/2026 | 4 | 2 | 1,334 | 59,539 | $499,999 | $515,000 | $386 | 1.03 | 50 | 84 |
| 9051 Cedros Avenue | Panorama City | 1978 | 08/30/2026 | 2 | 2 | 986 | 25,406 | $390,000 | $385,000 | $390 | 0.99 | 74 | 82 |
| Total: 5 · Average | 2.6 | 2.0 | 1,121.4 | 56,590 | $466,800 | $466,800 | $417 | — | 74.4 | ||||
| Median | 1,098 | $476,000 | $476,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.