$495,000
SOLD AUG 1, 2025

8718 Willis Ave Unit 34 Panorama City, CA 91402

2 Beds
1.5 Baths
1,100 Sq Ft
$575/mo HOA Fee

Recently Sold

$450 Per Sq Ft

1% Below List Price

8 Days on Market

Highlights

  • Gated Parking
  • Gated Community
  • Contemporary Architecture
  • Valley Academy of Arts & Sciences Rated A-
  • 4.09 Acre Lot
  • Family Room with Fireplace

About This Home

As of August 2025

Welcome Home to Style, Comfort, and Turnkey Perfection!

Nestled within a secure, beautifully maintained HOA community, this charming 2-bedroom, 1.5-bath townhome is the epitome of pride of ownership. Thoughtfully updated and meticulously cared for, every inch of this residence reflects modern style and move-in-ready ease—making it an ideal first-time buyer’s dream!

Step into the refreshed kitchen featuring gleaming quartz countertops, elegant interlocking glass and metallic mosaic tile accents, and gorgeous real wood cabinetry with soft-close doors and roller drawers. Enjoy the sleek double-bowl farmhouse sink, recessed lighting, and new crown molding—plus a stove and refrigerator included for added value.

Throughout the home, you’ll find thoughtful upgrades like white ceramic tile flooring in the kitchen, rich, dark ceramic tile in the living room, new plush carpeting on the stairs and in the bedrooms, and lighted ceiling fans in both the dining and living areas. The freshly textured and painted walls, new baseboards, updated switches and outlets, and metal security screens all add to the home's refreshed, modern feel.

Both bathrooms were tastefully remodeled, blending style with function. Step outside to your private, shaded patio oasis, complete with a built-in picnic table, benches, and BBQ area—perfect for entertaining or enjoying a peaceful morning coffee. From here, access the spacious 2-car garage, featuring an automatic door, ample storage cabinetry, a workbench, and even a premium Miele washer and dryer—included!

All of this comes with access to the community’s resort-style amenities, including a sparkling pool, relaxing spa, kids’ wading pool, and lush picnic area.

This is more than just a home—it’s a lifestyle. Whether you're a first-time buyer or looking to upgrade your everyday living, this townhome checks all the boxes.

Run, don’t walk—your escrow adventure begins here!

Last Agent to Sell the Property

Brian Hulz

Pinnacle Estate Properties, Inc. Brokerage Phone: 818-674-7762 License #02102620 Listed on: 06/17/2025

Pinnacle Estate Properties, Inc.

Co-Listed By

Craig Martin

Pinnacle Estate Properties, Inc. Brokerage Phone: 818-674-7762 License #01939259

Last Buyer's Agent

Mercedes Van Pelt

Compass License #01835336

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,629

Year Built

  • Built in 1978

Lot Details

  • Two or More Common Walls
  • West Facing Home

HOA Fees

  • $575 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Rear-Facing Garage
  • Single Garage Door
  • Gated Parking

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Fire Rated Drywall
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 1,100 Sq Ft Home
  • 2-Story Property
  • Window Screens
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Tile Flooring

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Quartz Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Remodeled Bathroom
  • Corian Bathroom Countertops
  • Bathtub

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Utilities

  • Central Heating and Cooling System
  • 220 Volts in Garage
  • Natural Gas Connected
  • Private Water Source
  • Phone Available
  • Cable TV Available

Additional Features

  • Concrete Porch or Patio
  • Urban Location

Listing and Financial Details

  • Earthquake Insurance Required
  • Tax Lot 1
  • Tax Tract Number 32932
  • Assessor Parcel Number 2653004072
  • $230 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • Master Insurance
  • 60 Units
  • Panorama Palms Association, Phone Number (818) 344-3331
  • HOA Organizers HOA
  • Maintained Community

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Controlled Access
  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,629

Year Built

Built in 1978

Lot Details

0

HOA Fees

$575 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Other Phone Description: Brian Hulz
  • Other Phone Number: 818-674-7762
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Gated Community
  • View: No
  • Zoning: LARD1.5
  • Architectural Style: Contemporary
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 2653004072
  • Year Built: 1978
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Living Area: 1100.00 Square Feet
  • Interior Amenities: Quartz Counters
  • Stories: 2
  • Entry Location: Street
  • Common Walls: 2+ Common Walls
  • Flooring: Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Family Kitchen
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 450.00
  • Room Type: All Bedrooms Up, Family Room, Kitchen
  • Window Features: Screens
  • Bathroom Features: Bathtub, Corian Counters, Remodeled
  • Room Kitchen Features: Quartz Counters

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • Patio And Porch Features: Concrete, Patio, Patio Open
  • Pool Features: Association
  • Pool Private: No
  • Roof: Asphalt
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Rear, Garage - Single Door, Gated
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Cooktop, Range Hood
  • Electric: 220 Volts in Garage
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, In Garage, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Private
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Earthquake Insurance, Insurance, Maintenance Grounds, Sewer, Water, Pets Permitted, Controlled Access
  • Association Fee: 575.00
  • Association Fee Frequency: Monthly
  • Association Name: Panorama Palms
  • Phone: (818)344-3331
  • Senior Community: No
  • Community Features: Urban
  • Association Management: HOA Organizers

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 178171.00
  • Lot Size Acres: 4.0902
  • Latitude Manual: 34.22893700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 178171.0000 Square Feet
  • Number Of Units In Community: 60
  • Number Of Units Total: 60

Tax Info

  • Tax Census Tract: 1201.08
  • Tax Lot: 1
  • Tax Tract Number: 32932
  • TaxOtherAnnualAssessmentAmount: 230.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2006
Sold by
Villanueva Oscar R
Bought by
Villanueva Martha G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Outstanding Balance
$137,846
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
$355,143

Purchase Details

Closed on
Feb 2, 2005
Sold by
Villanueva Oscar R
Bought by
Villanueva Martha G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
5.6%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 21, 2004
Sold by
Villanueva Oscar R and Villanueva Oscar R
Bought by
Villanueva Martha G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 1997
Sold by
Silva Enrique
Bought by
Villanueva Oscar R

Purchase Details

Closed on
Aug 17, 1996
Sold by
Federal National Mortgage Association
Bought by
Silva Enrique

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,950
Interest Rate
8.23%

Purchase Details

Closed on
Jul 10, 1996
Sold by
Hawatian Khatcher and Hawatian Anita
Bought by
Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,950
Interest Rate
8.23%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Landsafe Title
Interfamily Deed Transfer -- Lawyers Title Ins
Interfamily Deed Transfer -- --
Gift Deed -- --
Grant Deed -- --
Trustee Deed $69,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $41,042 Unknown
Open $232,000 New Conventional
Closed $25,000 Credit Line Revolving
Closed $200,000 New Conventional
Closed $136,000 Unknown
Closed $90,000 Unknown
Previous Owner $61,950 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2025 08/01/25 Sold $495,000 -0.8% $450 / Sq Ft
06/25/2025 06/25/25 Pending -- -- --
06/17/2025 06/17/25 For Sale $498,800 +6.1% $453 / Sq Ft
07/07/2023 07/07/23 Sold $470,000 +4.7% $427 / Sq Ft
06/04/2023 06/04/23 Pending -- -- --
05/18/2023 05/18/23 For Sale $449,000 -- $408 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,629 $459,000 $247,554 $211,446
2024 $5,629 $450,000 $242,700 $207,300
2023 $1,333 $91,894 $16,562 $75,332
2022 $1,275 $90,093 $16,238 $73,855
2021 $1,255 $88,327 $15,920 $72,407
2019 $1,220 $85,709 $15,449 $70,260
2018 $1,149 $84,030 $15,147 $68,883
2016 $1,086 $80,768 $14,559 $66,209
2015 $1,072 $79,556 $14,341 $65,215
2014 $1,084 $77,999 $14,061 $63,938
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR25133240

California Regional Multiple Listing Service (CRMLS)

APN: 2653-004-072