12961 Panama ST Los Angeles, CA 90066
Open House
Sun Oct 05, 12:00pm - 3:00pm
Tue Oct 07, 11:00am - 2:00pm
Sun Oct 12, 12:00pm - 3:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,057 sqft
Price per Sqft $875
MLS Listing ID SR25141010
Bedrooms 4
Full Baths 2
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
Rooms
Main Level Bedrooms 4
Interior
Interior Features Walk-In Closet(s)
Cooling Central Air
Fireplaces Type Den
Fireplace Yes
Appliance Dryer, Washer
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Biking, Curbs, Park, Storm Drain(s), Street Lights, Sidewalks
View Y/N No
View None
Total Parking Spaces 2
Private Pool No
Building
Lot Description 2-5 Units/Acre
Dwelling Type Duplex
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Schools
School District Culver City Unified
Others
Senior Community No
Tax ID 4223007012
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan
Special Listing Condition Standard
Lease Land No
