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 |
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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 |
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Area | LOS ANGELES (90066) |
City | Los Angeles |
County | Los Angeles |
State | CA |
Zip Code | 90066 |
Amenities
Is Waterfront | No |
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Has Pool | No |
Pool | N/K |
Interior
Fireplace | Yes |
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Exterior
Lot Description | Curbs,Sidewalks |
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Additional Information
Date Listed | June 15th, 2025 |
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Days on Market | 120 |
Zoning | Assessor |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | Douglas Elliman of California Inc. |
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