12961 Panama Street Los Angeles, CA $ 1,799,999
12961 Panama Street
$ 1,799,999
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12961 Panama Street

Los Angeles, CA, 90066
$ 1,799,999
Bedrooms4 Baths2.0 Sq 2,057

Monthly Estimate*

$ 11,083

Listed by Douglas Elliman of California Inc.
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Multi-Family Home for sale in Los Angeles, CA

for $1,799,999 with 4 bedrooms and 2 full baths. This 2,057 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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Multi-Family Active

Price

$ 1,799,999

Bedrooms

4

Full Bath

2

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

SR25141010

Days on Market

217

Features
General
Living Area 2057
Sewer Public Sewer
Cooling Central Air
Appliances Dryer Washer
Zoning LAR1
HOA Fee 0
Garage Spaces 2
Pool Features None
Year Built 1955
View None
Stories Count 1
Levels One
Property Subtype Duplex
Community Features Biking Curbs Park Storm Drain(s) Street Lights Sidewalks
County Los Angeles
New Construction false
Property Type Residential
HOA false
Attached Garage false
Garage Y/N true
Full Baths 2
Special Listing Conditions Standard
Status Active
Directions Allah Rd x Panama St
City Los Angeles
Entry Location 1
Senior Community Y/N false
High School District Culver City Unified
Number Of Units Total 2
MLS Area C12 - Marina Del Rey
Lot Size Units Square Feet
Lot Size Square Feet 5630
Listing Terms Cash Cash to Existing Loan Cash to New Loan
Property Attached Y/N true
Land Lease Y/N false
Additional Parcels Y/N false
Lease Considered Y/N false
Structure Type Duplex
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Year Built Source Assessor
Tax Lot 12
Property Sub Type Additional Single Family Residence
Expected Active Date 2025-06-27
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Interior
Interior Amenities Walk-In Closet(s)
Fireplace Features Den
Total Stories 1
Common Walls 1 Common Wall
Air Conditioning Y/N true
Fireplace Y/N true
Total Bedrooms 4
Entry Level 1
Main Level Bedrooms 4
Main Level Bathrooms 2
Total Baths 2
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Exterior
Lot Features 2-5 Units/Acre
Water Source Public
Total Parking 2
Lot Size Area 5630
Lot Size Acres 0.1292
Private Pool false
Lot Size Source Assessor
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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%
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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
11/26/2025$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 2,057 sqft and a lot size of 0.1292. 12961 Panama Street has 4 bedrooms, 2.0 baths, and was built in 1955. The property's zip code is 90066 which is in Los Angeles, CA