About 12961 Panama Street
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.
Features of 12961 Panama Street
| MLS® # | SR25141010 |
|---|---|
| Price | $1,799,999 |
| Bedrooms | 4 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 2,057 |
| Acres | 0.13 |
| Year Built | 1955 |
| Type | Residential |
| Sub-Type | Duplex |
| Status | Active |
Community Information
| Address | 12961 Panama Street |
|---|---|
| Area | C12 - Marina Del Rey |
| City | Los Angeles |
| County | Los Angeles |
| Zip Code | 90066 |
Amenities
| Parking Spaces | 2 |
|---|---|
| # of Garages | 2 |
| View | None |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Interior Features | Walk-In Closet(s) |
|---|---|
| Appliances | Dryer, Washer |
| Cooling | Central Air |
| Has Basement | No |
| Fireplace | Yes |
| Fireplaces | Den |
| # of Stories | 1 |
| Stories | One |
Exterior
| Lot Description | TwoToFiveUnitsAcre |
|---|
School Information
| District | Culver City Unified |
|---|
Additional Information
| Date Listed | June 23rd, 2025 |
|---|---|
| Days on Market | 113 |
| Zoning | LAR1 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Ashley Camp |
|---|---|
| Office | Douglas Elliman of California Inc. |
