12961 Panama ST Los Angeles, CA 90066
5,627 Sqft Lot
Open House
Sun Jan 25, 2:00pm - 4:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25139337
HOA Y/N No
Year Built 1955
Lot Size 5,627 Sqft
Property Sub-Type Duplex
Property Description
Welcome to 12961 & 12963 Panama Street—an 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 unit's 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 neighborhood—just minutes from local parks, dining, entertainment, and the beautiful Pacific Ocean.
Whether you're 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.
Location
State CA
County Los Angeles
Area C12 - Marina Del Rey
Zoning LAR1
Interior
Interior Features Walk-In Closet(s)
Fireplaces Type Den
Fireplace Yes
Appliance Gas Oven, Tankless Water Heater, Dryer, Washer
Laundry Stacked
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Biking, Curbs, Gutter(s), Park, Street Lights, Suburban, Sidewalks
Accessibility Parking
Total Parking Spaces 2
Private Pool No
Building
Lot Description 2-5 Units/Acre
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 4223007012
Energy Description 667.0
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
- 10
Edison Language Academy
Public | PK - 5
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El Marino Elementary School
Public | KG - 5
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Farragut Elementary School
Public | KG - 5
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Grant Elementary School
Public | PK - 5
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Mar Vista Elementary
Public | KG - 5
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Clover Avenue Elementary School
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Citizens of the World 3
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Playa del Rey Elementary
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Cowan Avenue Elementary School
Public | KG - 5
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Will Rogers Learning Community
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Broadway Elementary School
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Coeur d'Alene Avenue School
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Richland Avenue Elementary
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Playa Vista Elementary
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Ocean Charter
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El Rincon
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Goethe International Charter
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Westside Innovative School House
Public | KG - 6
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Linwood E. Howe Elementary School
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Short Avenue Elementary
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The Incubator
Public | 6 - 12
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John Adams Middle School
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Palms Middle School
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Culver City Middle School
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Mark Twain Middle School
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Icef Vista Middle Academy
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Wright Middle School - STEAM Magnet
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Magnolia Science Academy 6
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Animo Westside Charter Middle School
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Marina Del Rey School
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Westchester Secondary Charter
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James J. Mcbride Special Education Center
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Windward School
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Westview School
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Katherine Johnson STEM Academy
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Angela's Workshop
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Culver City High School
Public | 9 - 12
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Animo Venice Charter High School
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Venice High School
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Westchester Enriched Sciences Magnets (WESM) - Health & Sports Medicine Magnet
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Phoenix Continuation
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St Bernard High School
Private | 9 - 12
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Westchester Enriched Sciences Magnets (WESM) - Environmental & Natural Science Magnet
Public | 9 - 12
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Westchester Enriched Sciences Magnets (WESM) - Gifted and High Ability STEAM Magnet
Public | 9 - 12
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Culver Park High School
Public | 10 - 12