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8355 Willis Avenue, 18, Panorama City, CA 91402

$390K2bd · 2ba · 1,078 sqft
Lot 49,541 sqft•HOA $592.8/mo•Condominium•
Active
•24d on market•MLS# SR-26203964

Property Description

UNDER $400,000 & MOVE-IN READY! Welcome to 8355 Willis Ave! This spacious 2-bedroom, 2-bath upper-level condo offers 1,078 sq. ft. of comfortable living space with plenty of newer features and updates throughout. Step inside to a bright and inviting interior with a functional floor plan, generously sized living spaces, and the added privacy of an upper-level location. With two bedrooms and two bathrooms, there’s plenty of flexibility for everyday living, working from home, or hosting guests. Best of all, this home is move-in ready — simply bring your furniture, unpack, and start enjoying your new home. Whether you’re a first-time buyer, downsizing, or looking for a great real estate opportunity, this condo offers an attractive combination of space, condition, convenience, and value — all for under $400,000! Don’t miss this opportunity. Make 8355 Willis Ave yours today!

Features & Amenities

FeeBuilt 1962

Property Details

Land Type
Fee
Year Built
1962
Property Type
Residential
Property Subtype
Condominium
Heating
Central
Cooling
Central Air
View
Neighborhood, Pool
Flooring
Tile
City
Panorama City
Zip Code
91402
County
Los Angeles
Listed byPark Regency Realty, Carey Eckert

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,971.55
Principal & Interest
Loan Amount
$311,920
Total Interest
$397,837
Total Payment Over 30 Years
$709,757
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

8355 Willis Avenue, 18, Panorama City, CA 91402

Panorama City · Condominium

$390K
Affordable Tier
Beds
2
Baths
2
Sqft
1,078
Lot
1.14 ac
Year
1962
$/Sqft
$362
Pool: Yes✓
View: Neighborhood, Pool✓

Listed 15.2% below the median closed sale of $460,000. Closed comps sold at 102% of list — strong seller's market. Expect a longer timeline — comps averaged 161 days on market.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $390K· $362/sqft
Total list price
Closed comps
vs closed median $460K
−$70K (−15.2%)
Active comps
vs active median $389K
+$900 (+0.2%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $386
−$24 (−6.3%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
8355 Willis AvenuePanorama City1962221,08349,541$359$389,0007596
8800 Cedros AvenuePanorama City1977221,00248,672$379$379,9001689
8800 Cedros AvenuePanorama City19772288148,613$369$324,9003888
7924 Woodman AvenuePanorama City1971221,11790,645$397$444,0001187
9601 Sylmar AvenuePanorama City1980321,0960$428$469,0005283
Total: 5 · Average2.22.01,035.859,367.75$386.4$401,36038.4
Median1,083$389,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
9525 Sylmar AvenuePanorama City198007/13/2026221,07255,177$460,000$460,000$4291.0010589
7924 Woodman AvenuePanorama City197109/30/2026221,11790,648$469,995$498,000$4461.0610087
9051 Cedros AvenuePanorama City197808/30/20262298625,406$390,000$385,000$3900.997485
14401 Plummer StreetPanorama City198108/14/2026321,09852,180$450,000$476,000$4341.064385
14805 Chase StreetPanorama City197610/07/20262179332,368$199,000$199,000$2511.0048280
Total: 5 · Average2.21.81,013.251,155.8$403,600$403,600$390—160.8
Median1,072$460,000$460,000

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.