12821 Panama Street, Los Angeles

$1,245,000

Previous Next

2

Beds

1

Bath

864

Square feet

0.13

Acres

About 12821 Panama Street

Attention Builders. THIS IS THE GOLDMINE YOU'VE BEEN WAITING FOR! Prime 5,629sqft lot (50'wide/113'deep). Location, Location, Location. Huge ARV potential. Local new construction - 4347 Lyceum on 5,502sqft lot sold for $3,285,000 (2024). 12850 Admiral on 5,629sqft lot sold for $3,225,000 (2023). 4252 Mildred on 5,595sqft lot sold for $3,500,000 (2022). Bring your ideas and your architect, mini mansions are the trend in this area. This cute 864 sqft 2+1 with laundry room has deferred maintenance, with no improvements or upgrades. Unpermitted garage conversion with office area, bathroom (with shower) and countertop for bar frig and microwave. Backyard has several fruit trees - avocado, guava, calamansi, persimmons and lemon. Great opportunity to build your custom dream home! Easy access to 90, 405 & 105 fwy. Just minutes to LAX. Pavilions, CVS, Trader Joe's, Ralph's, Whole Foods and CostCo are all nearby, along with the many restaurants, shops, banks, theaters etc. A major boon to the area is a nine story Cedars Sinai Marina del Rey Hospital, scheduled for completion in 2026. This peaceful yet highly desired Marina del Rey adjacent neighborhood has so much to offer. Who wants to be near the beach? Playa del Rey, Venice and Santa Monica in addition to Marina del Rey Mothers Beach, Fisherman's Village and Burton Chase Park for a picnic and a stroll along the water & boats! Easy to see. MOTIVATED SELLERS!

Features of 12821 Panama Street

MLS® # 24413465
Price $1,245,000
Bedrooms 2
Bathrooms 1.00
Full Baths 1
Square Footage 864
Acres 0.13
Year Built 1950
Type Residential
Sub-Type Single Family Residence
Style Traditional
Status Active

Community Information

Address 12821 Panama Street
Area C12 - Marina Del Rey
City Los Angeles
County Los Angeles
Zip Code 90066

Amenities

Parking Driveway, On Street
Garages Driveway, On Street
View None
Is Waterfront No
Has Pool No
Pool None

Interior

Interior Carpet, Tile
Appliances Dishwasher, Microwave, Refrigerator, Dryer, Washer
Cooling None
Has Basement No
Fireplace No
Fireplaces None
Stories One

Additional Information

Date Listed July 10th, 2024
Days on Market 15
Zoning LAR1
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentArleen Revilla
OfficeR1R

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?