32 Unit Multi-Family Community in Panorama City, CA

8636 Willis Ave | Panorama City, CA

Sales Price: $2,695,000

Seller: Positive Investments

Buyer: Five Star International

Units: 32

Price per Unit: $84,219

Price per Sq. Ft.: $79.47

Current CAP: 7.74%

Current GRM: 7.49

Market CAP: 9.71%

Market GRM: 6.45

Year Built: 1962

Lot Size Sq. Ft.: 30,923

Gross Bldg. Sq. Ft.: 33,912

Net Rentable Sq. Ft.: 33,912