12961 Panama Street Los Angeles, CA $ 1,799,999
12961 Panama Street
$ 1,799,999
Open House 1/25 2pm - 4pm
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12961 Panama Street

Los Angeles, CA, 90066
$ 1,799,999
Baths1.0 Sq 2,400

Monthly Estimate*

$ 11,083

Listed by Douglas Elliman of California Inc.
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Studio

Multi-Family Home for sale in Los Angeles, CA

for $1,799,999 with 1 full bath. This 2,400 square foot home was built in 1955 on a lot size of 0.1292.

Re-Launch: Fantastic Duplex Opportunity in Prime Marina del Rey Area! 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.

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Open House

1/25/2026 2:00 PM - 4:00 PM
12961 Panama Street Los Angeles, CA
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Multi-Family Active

Price

$ 1,799,999

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1292

Year Built

1955

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

SR25139337

Days on Market

224

Features
General
Sewer Public Sewer
Appliances Gas Oven Tankless Water Heater Dryer Washer
Zoning LAR1
HOA Fee 0
Garage Spaces 2
Pool Features None
Year Built 1955
Tenant Pays Cable TV Electricity Gas Sewer Telephone Water
Property Subtype Duplex
Gross Income 29802
Community Features Biking Curbs Gutter(s) Park Street Lights Suburban Sidewalks
Accessibility Parking
County Los Angeles
Net Operating Income 64320
Operating Expense 8000
Insurance Expense 1587
New Construction false
Property Type Residential Income
HOA false
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions Allah Rd and Panama St.
City Los Angeles
Entry Location 0
Senior Community Y/N false
Number Of Units Total 2
MLS Area C12 - Marina Del Rey
Lot Size Units Square Feet
Lot Size Square Feet 5630
Number of Units Leased 2
Listing Terms Cash Cash to New Loan
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 0
Fuel Expense 667
Trash Expense 0
Water Sewer Expense 1891
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 12
Total Actual Rent 6110
Property Sub Type Additional Duplex
Expected Active Date 2025-06-27
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Interior
Interior Amenities Walk-In Closet(s)
Fireplace Features Den
Total Stories 0
Common Walls 1 Common Wall
Fireplace Y/N true
Laundry Features Stacked
Entry Level 0
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Exterior
Lot Features 2-5 Units/Acre
Water Source Public
Total Parking 2
Lot Size Area 5630
Number of Buildings 2
Building Area Total 2400
Lot Size Acres 0.1292
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 1
Number of Separate Electric Meters 2
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* Excluded Features
List By
Douglas Elliman Of California Inc.

Broker

ashleylaurenc.85@yahoo.com

Email

Affordability Calculator

$11,083
Per Month
100%
0%
0%
Monthly Principal & Interest
$11,083
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2025$1,799,999 Listed Price

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12961 Panama Street, Los Angeles, CA, 90066 is a Multi-Family Home for sale at $1,799,999 with 2,400 sqft and a lot size of 0.1292. 12961 Panama Street is a studio with 1.0 baths and was built in 1955. The property's zip code is 90066 which is in Los Angeles, CA