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8116 Willis Avenue — Panorama City — 3 Beds • 2 Baths • 1,232 Sq Ft | Belmont Brokerage | Belmont Brokerage

Active

+5 more

$729,000

0 DOM

$592/sqft3 bd2 ba1,232 sqft

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8116 Willis Ave Panorama City, CA 91402

6,242sqft lot

This property offers a great potential for renovation and customization, making it a perfect opportunity for investors or buyers who are looking to create their dream home. 3 bedroom, 2 bath home with private swimming pool, ready for your personal touch. Ideally located in a desirable neighborhood close to shopping centers, the mall, schools and convenient transportation options. The home features an abundance of windows, filling the space with natural lights and creating a bright welcoming atmosphere. Step outside to enjoy the pool area, perfect for relaxing or entertaining. With its prime location and strong potential, this is a fantastic opportunity you don't want to miss.

MLS CV26082025

909-993-5710 (Office) maepatinorealty@gmail.com

Est. payment

$4,658/mo

Principal & interestTaxesInsurance

$3,686$759$213

Down %

Rate %

Years

Down payment: $145,800 · Total cost: $1,472,839

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$4,658/mo

Principal & interest: $3,686
Est. property tax: $759
Est. insurance: $213
Down payment: $145,800

Est. gross rent$3,038/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-1,620/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.

Price History

Event	Date	Price	Change
Listed	Apr 16, 2026	$729,000	—

Facts & Features

Structure & Property

Year Built1953

Garage Spaces2

909-993-5710 (Office) maepatinorealty@gmail.com

Sale & Tax History

No Recent Sales History

We didn't find any closed transactions for this property in the last 5 years.

Location

8116 Willis Avenue, Panorama City, CA 91402

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8116 Willis Ave Panorama City, CA 91402

About this home

Mae Patino

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Structure & Property

Mae Patino

Sale & Tax History

No Recent Sales History

Location

Location

Listing Agent

Presented by Belmont Brokerage Inc.

8116 Willis Avenue, Panorama City, CA 91402

About This Property

Property Photos

8116 Willis Ave Panorama City, CA 91402

About this home

Mae Patino

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Structure & Property

Mae Patino

Sale & Tax History

No Recent Sales History

Location

Location

Listing Agent

Presented by Belmont Brokerage Inc.