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Sold for $1,150,000
  • Tax assessed value
    $1,150,000

    12821 Panama St, Los Angeles, CA 90066

    2beds
    864sqft
    Residential
    Built in 1950
    5,627 Square Feet Lot
    $1,321,300 Zestimate®
    $1,331/sqft
    $4,838 Estimated rent

    Home value

    $1,321,300

    $1.20M - $1.47M

    $4,838/mo

    Zestimate® history
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    What's special

    First Time Homebuyers. Location, Location, Location. Get this fixer now and build your custom dream home in the future! Great starter home gets you into this peaceful yet highly desired Marina del Rey adjacent neighborhood that has so much to offer. Best value - buy now, build later! Charming 2bed + 1bath has separate laundry room. Move in now and give it some TLC in the future. THIS IS THE GOLDMINE LARGE LOT YOU'VE BEEN WAITING FOR! Prime 5,629sqft lot (50'wide/113'deep). Huge ARV potential. Bring your ideas and your architect, mini mansions are the trend in this area. Unpermitted garage conversion micro studio with bathroom (shower) and countertop for bar frig and microwave. Make it a legal ADU. Backyard has several fruit trees - avocado, guava, calamansi, persimmons and lemon. 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. 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. Sellers has already identified a replacement property. They are anxious to make a deal!

    Zillow last checked:

    Listing updated:

    Listed by:

    Arleen Revilla DRE # 01307271 310-895-4522,

    R1R 310-895-4522

    Bought with:

    Arleen Revilla, DRE # 01307271

    R1R

    Source: CLAW,MLS#: 24-413465MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Rooms
    • Room types: Converted Garage, Patio Covered
    Heating
    • Wall Gas
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Microwave, Refrigerator, Washer, Dryer
    • Laundry: Laundry Room
    Features
    • Flooring: Tile, Wood Laminate, Carpet
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 864
    • Total interior livable area: 864 sqft

    Property

    Parking
    • Parking features: Driveway, On Street
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: None
    Lot
    • Size: 5,627 Square Feet
    Details
    • Additional structures: Shed(s)
    • Parcel number: 4223010004
    • Zoning: LAR1
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Residential
    Condition
    • Year built: 1950

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $1,331/sqft
    • Tax assessed value: $1,150,000
    • Annual tax amount: $13,843
    • Date on market: 12/10/2025

    Price history

    DateEventPrice
    9/10/2024Sold$1,150,000-0.9%$1,331/sqft
    Source: CLAW #24-413465 Report a problem
    8/11/2024Pending sale$1,160,000$1,343/sqft
    Source: CLAW #24-413465 Report a problem
    8/8/2024Price change$1,160,000-2.9%$1,343/sqft
    Source: CLAW #24-413465 Report a problem
    8/1/2024Price change$1,195,000-2%$1,383/sqft
    Source: CLAW #24-413465 Report a problem
    7/26/2024Price change$1,220,000-2%$1,412/sqft
    Source: CLAW #24-413465 Report a problem
    7/10/2024Listed for sale$1,245,000$1,441/sqft
    Source: CLAW #24-413465 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$13,843 +252.6%$1,150,000 +259.9%
    2024$3,926 +1.9%$319,508 +2%
    2023$3,853 +4.8%$313,244 +2%
    2022$3,678 +1.4%$307,103 +2%
    2021$3,626 -0.9%$301,083 +1%
    2020$3,661 $297,997 +2%
    2019$3,661 +5.5%$292,155 +2%
    2018$3,470 $286,428 +2%
    2017$3,470 +2.2%$280,812 +2%
    2016$3,395 +2.5%$275,307 +1.5%
    2015$3,313 +0.9%$271,173 +2%
    2014$3,283 $265,862 +2.5%
    2012-- $259,474 +2%
    2011-- $254,387 +0.8%
    2010-- $252,487 -0.2%
    2009-- $253,088 +2%
    2008-- $248,126 +2%
    2007-- $243,262 +2%
    2006-- $238,493
    2005-- $238,493 +4%
    2004-- $229,233 +1.9%
    2003-- $225,032 +2%
    2002-- $220,621 +4%
    2000-- $212,056
    Find assessor info on the county website

    Neighborhood: Del Rey

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,321,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,321,300