• Panorama City Location

• 15‑Unit Apartment Building

• Built in 1986 - Not Subject to LA City Rent Control

• Attractive unit mix: Two (2) one‑bedroom + one‑bathroom units Eleven (11) two‑bedroom + two‑bathroomunits Two (2) three‑bedroom + two‑bathroom units

• Large Units Averaging Over 1,000 SF

• Close to major employers and retail along Van Nuys Boulevard

• Convenient access to the 5, 118, and 405 Freeways, providing strong regional connectivity throughout theSan Fernando Valley and Greater Los Angeles

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The Sterman Multi-Family Group of Marcus & Millichap is pleased to present 8814 Willis Ave, a 15-unit multifamilyproperty located in Panorama City, California. Built in 1986, the property consists of approximately 16,384 squarefeet of rentable living area situated on a substantial 23,272-square-foot lot. The building features an attractiveunit mix of two (2) one-bedroom/one-bathroom units, eleven (11) two-bedroom/two-bathroom units, and two(2) three-bedroom/two-bathroom units, providing investors with a strong concentration of larger two- and threebedroom floor plans.

The property’s combination of larger units, efficient layouts, and expansive lot creates an attractive multifamilyinvestment opportunity in the San Fernando Valley. Built in 1986, the property is not subject to LA City RentControl, providing investors with greater flexibility in managing the asset. With 13 of the property’s 15 unitsoffering two or three bedrooms, 8814 Willis Ave provides a desirable unit mix designed to accommodate avariety of household sizes while supporting long-term rental demand.

Located near Kaiser Permanente Panorama City Medical Center, Plaza del Valle, Van Nuys Boulevard, andnumerous shopping, dining, and employment destinations, the property offers residents convenient access toeveryday amenities throughout Panorama City and the surrounding San Fernando Valley. Nearby access tothe 5, 118, and 405 Freeways further enhances regional connectivity. Combining a substantial lot, desirable unitmix, and convenient location, 8814 Willis Ave represents a compelling opportunity to acquire a multifamily assetpositioned for long-term ownership in the San Fernando Valley.