12961 Panama Street, Los Angeles

$1,799,999

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4

Beds

2

Baths

2,057

Square feet

0.13

Acres

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

AgentAshley Camp
OfficeDouglas Elliman of California Inc.

Listing Map

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