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$1,850,000

12961 Panama St Los Angeles, CA 90066

0.1 acres
Multi-Family

Property details

About 12961 Panama St

Fantastic Duplex Opportunity in Prime Marina del Rey Area! Welcome to 12961 Panama Street—an exceptional income property featuring two spacious units, each offering approximately 1,200 square feet of living space with 2 bedrooms and 1 full bath. The front unit includes a charming private yard, while the rear unit offers a covered patio and a detached 2-car garage. Driveway parking is available directly in front of both units for added convenience. Both units are currently leased, making this a turnkey investment opportunity. Each unit is equipped with its own washer and dryer, as well as energy-efficient tankless water heaters. Located in a highly walkable neighborhood, you're just minutes from local parks, dining, entertainment, and the beautiful Pacific Ocean. Whether you're looking to expand your portfolio or explore owner-occupancy in the future, this duplex offers strong income potential in a prime coastal location.

Highlights

Home typeDuplex
StatusActive
Lot size0.1292 Acres
Year built1955
MLS #SR25139337
Garage2 spaces
FireplaceDen

Summary

  • Appliances: Gas Oven, Tankless Water Heater, Dryer, Washer
  • Interior: Walk-In Closet(s)
  • Fireplace: Den
  • Garage Space: 2 spaces
  • Private Pool: No
  • List Price: $1,850,000
  • HOA Amount: $0
  • Annual Tax Amount: $3,838
  • Tax Year: 2024
  • Directions: Allah Rd and Panama St.
  • Year Built: 1955
  • Stories: 0
  • Lot Size: 0.1292 Acres
  • MLS Number: SR25139337
  • MLS Name: CRMLS
  • Office Name: Douglas Elliman of California Inc.
  • Office Phone: (818) 921-7738
  • Listing Agent: Ashley Camp

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/2/2025, 1:45:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$282,971$3,838
2023$277,423$3,770
2022$271,984$3,602
2021$266,652$3,543
2020$263,919$3,335
2019$258,745$3,239
2018$253,673$3,173
2017$248,700$3,173

History based on county public records data.

Nearby schools

7

Short Avenue Elementary

Public District KG-6

0.5 mi

12814 Maxella Ave

6

Icef Vista Elementary Academy

Public Charter KG-5

1.0 mi

4471 Inglewood Blvd

8

Braddock Drive Elementary School

Public District PK-5

1.0 mi

4711 Inglewood Blvd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $110,736. The majority of Los Angeles, CA residents have income between $100k-200k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

13%
<35k
28%
35k-100k
46%
100k-200k
13%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

62%
Single, No Kids
4%
Single, with Kids
25%
Married, No Kids
9%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

7%
<11 yrs old
2%
12-17 yrs old
30%
18-34 yrs old
41%
35-64 yrs old
20%
65+ yrs old

What do the neighbors do for fun?

  • Live TheatreLive Theatre
  • Music ConcertsMusic Concerts
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • BloomingdalesBloomingdales
  • H&MH&M
  • Banana RepublicBanana Republic

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • ChipotleChipotle
  • StarbucksStarbucks

What do the neighbors drive?

  • MercedesMercedes
  • VolkswagenVolkswagen
  • AudiAudi

What do the neighbors listen to?

  • NewsNews
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • AlternativeAlternative
All data provided by Home Junction and Claritas

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Frequently asked questions

About 12961 Panama St

The listing price of 12961 Panama St property is $1,850,000.

The property 12961 Panama St is a multi located in Los Angeles, California, 90066.

Active Listing: 12961 Panama St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 12961 Panama St are: Short Avenue Elementary (GreatSchools Rating 7/10), Icef Vista Elementary Academy (GreatSchools Rating 6/10), Braddock Drive Elementary School (GreatSchools Rating 8/10), Ocean Charter (GreatSchools Rating 7/10), Marina Del Rey School (GreatSchools Rating 2/10), Goethe International Charter (GreatSchools Rating 7/10), Phoenix Continuation (GreatSchools Rating 2/10), Venice High School (GreatSchools Rating 7/10), Westchester Enriched Sciences Magnets (WESM) (GreatSchools Rating 4/10).

According to the records, the last property tax for 2024 is $3,838 (source: MLS/based on county public records data).

The year of construction for 12961 Panama St is 1955.

This home is located at 12961 Panama St in Los Angeles, CA and zip code 90066 in the Del Rey neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since June 27, 2025 and is currently priced at $1,850,000.

In June 2025, from all listings sold in Los Angeles, CA there were more than 282 sold above asking price, over 339 sold below and more than 108 were sold right at the asked price. In June 2025 in Los Angeles, CA there were 9% more homes for sale than in May. In June 2025, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $876,067.

From Rocket Homes Real Estate and based on county public records data.

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