12961 Panama Street, Los Angeles, CA

$1,799,999

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4

Beds

2

Baths

0.13

Acres

About 12961 Panama Street

Re-Launch: Fantastic Duplex Opportunity in Prime Marina del Rey Area! Welcome to 12961 & 12963 Panama Streetan exceptional income property featuring two units, each offering approximately 1,200 square feet of living space with 2 bedrooms and 1 full bath. Both units include bedrooms with walk-in closets, adding excellent storage and livability. The front unit (12961) features a charming private yard and its own in-unit washer and dryer, while the rear unit (12963) offers a quaint patio connected to a detached 2-car garage, where the back units washer and dryer are currently located. Driveway parking is available directly in front of both units for added convenience. This duplex presents a versatile opportunity for those seeking a strong income-producing property with excellent potential for long-term appreciation. Its desirable coastal location and flexible layout make it appealing for both investors and owner-users alike. The property also includes an energy-efficient tankless water heater and is ideally situated in a highly walkable neighborhoodjust minutes from local parks, dining, entertainment, and the beautiful Pacific Ocean. Whether youre looking to expand your portfolio, establish owner-occupancy, or maximize rental value, this duplex is a well-rounded investment in a prime Marina del Rey location. Please do not disturb current front unit tenant. See private remarks or Contact agents for current tenancy information.

Features of 12961 Panama Street

MLS® # SR25139337
Price $1,799,999
Bedrooms 4
Bathrooms 2.00
Acres 0.13
Type Residential Income
Sub-Type Res Income 2-4 Units
Status Active

Community Information

Address 12961 Panama Street
Area LOS ANGELES (90066)
City Los Angeles
County Los Angeles
State CA
Zip Code 90066

Amenities

Is Waterfront No
Has Pool No
Pool N/K

Interior

Fireplace Yes

Exterior

Lot Description Curbs,Sidewalks

Additional Information

Date Listed June 15th, 2025
Days on Market 120
Zoning Assessor
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeDouglas Elliman of California Inc.

Listing Map

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