12961 Panama Street, Los Angeles, CA

$1,799,999

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4

Beds

2

Baths

2,057

Square feet

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® # SR25141010
Price $1,799,999
Bedrooms 4
Bathrooms 2.00
Full Baths 2
Square Footage 2,057
Acres 0.13
Year Built 1955
Type Residential
Sub-Type All Other Attached
Status Active

Community Information

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

Amenities

Parking Spaces 2
# of Garages 2
View N/K
Is Waterfront No
Has Pool No
Pool N/K

Interior

Appliances Dryer,Washer
Cooling Central Forced Air
Fireplace Yes
Fireplaces Den
# of Stories 1
Stories 1 Story

Exterior

Lot Description Curbs,Sidewalks

Additional Information

Date Listed June 23rd, 2025
Days on Market 112
Zoning LAR1
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeDouglas Elliman of California Inc.

Listing Map

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