8745 Willis Ave Unit 107, Panorama City, CA, 91402
About This Home
Welcome to this beautifully updated condo in the heart of Panorama City! This light and bright home features an open-concept living area, a modern kitchen with ample storage, and spacious bedrooms designed for comfort. Enjoy a private balcony, gated community access, and convenient on-site amenities. Located just minutes from shopping, schools, parks, and major freeways, this home offers the perfect blend of comfort and convenience. Ideal for first-time buyers or anyone seeking low-maintenance living in a prime location!
Getting Around
Somewhat Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1984
Type & Style
- Home type: Townhouse
- Property subType: Townhouse
Interior
Appliances
- Laundry features: Laundry Room
Bedroom
- Features: Bedroom on Main Level
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 1
- Main level bedrooms: 1
Features
- Bedroom on Main Level
- Fireplace features: Living Room
- Fireplace: Yes
- Common walls with other units/homes: 1 Common Wall
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total interior livable area: 1,437 sqft
Property
Details
- Parcel number: 2653005165
- Attached to another structure: Yes
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
- Entry location: gate
- Pool features: Community,Association
- Has view: Yes
- View description: Neighborhood
Lot
- Lot size: 0.76 Acres
Parking
- Total spaces: 2
- Parking features: Garage - Attached
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Inland Flooding
- Heat Wave
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Los Angeles County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,260 | $27,120 |
| Home Insurance * | $81 | $972 |
| Property Taxes | $457 | $5,484 |
| Electricity | $398 | $4,786 |
| Total | $3,196 | $38,352 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-02-03 | Price change | $460,000 |
| 2026-01-27 | Price change | $490,000 |
| 2025-12-20 | Price change | $548,000 |
| 2025-02-06 | Listed for sale | $490,000 |
| 2007-08-23 | Sold | $360,000 |
| 2002-07-12 | Sold | $147,000 |
| 1997-01-29 | Sold | $65,000 |
View on Zillow