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Off market
  • $1,689,500

    12961 Panama St, Los Angeles, CA 90066

    --beds
    0baths
    --sqft
    Multi Family
    Built in 1955
    -- sqft lot
    $1,689,500 Zestimate®
    $--/sqft
    $3,486 Estimated rent

    Home value

    $1,689,500

    $1.61M - $1.77M

    $3,486/mo

    Zestimate® history
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    $10,665/mo

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    What's special

    Re-Launch: Fantastic Duplex Opportunity in Prime Marina del Rey Area!Welcome to 12961 & 12963 Panama Streetan 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 units 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 neighborhoodjust minutes from local parks, dining, entertainment, and the beautiful Pacific Ocean.Whether youre 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.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Source: Douglas Elliman,MLS#: SR25139337MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Features
    • Has basement: No
    Interior area
    • Total structure area: 0

    Property

    Parking
    • Total spaces: 2
    Lot
    • Size: 5,662 Square Feet
    Details
    • Parcel number: 4223007012

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Multi Family
    Condition
    • Year built: 1955

    Community & HOA

    Community
    • Subdivision: Marina Del Rey
    Location
    • Region: Los Angeles

    Financial & listing details

    • Tax assessed value: $288,629
    • Annual tax amount: $3,913
    • Date on market: 6/27/2025
    • Lease term: Contact For Details

    Price history

    DateEventPrice
    2/20/2026Listing removed$1,799,999
    Source: Douglas Elliman #SR25139337 Report a problem
    2/19/2026Listed for sale$1,799,999
    Source: Douglas Elliman #SR25139337 Report a problem
    12/2/2025Listing removed$1,799,999-2.7%
    Source: SDMLS #SR25139337 Report a problem
    8/6/2025Listing removed$1,850,000
    Source: SDMLS #SR25139337 Report a problem
    6/30/2025Listed for sale$1,850,000
    Source: SDMLS #SR25141010 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,913 +1.9%$288,629 +2%
    2024$3,838 +1.8%$282,971 +2%
    2023$3,770 +4.6%$277,423 +2%
    2022$3,603 +1.7%$271,984 +2%
    2021$3,544 +2.3%$266,652 +1%
    2020$3,464 $263,919 +2%
    2019$3,464 +6.9%$258,745 +2%
    2018$3,240 $253,673 +2%
    2017$3,240 +2.1%$248,700 +2%
    2016$3,173 +3%$243,825 +1.5%
    2015$3,081 +0.6%$240,163 +2%
    2014$3,063 $235,459 +2.5%
    2012-- $229,801 +2%
    2011-- $225,296 +0.8%
    2010-- $223,614 -0.2%
    2009-- $224,146 +2%
    2008-- $219,752 +2%
    2007-- $215,444 +2%
    2006-- $211,221
    2005-- $211,221 +4%
    2004-- $203,021 +1.9%
    2003-- $199,301 +2%
    2002-- $195,394 +4%
    2000-- $187,809
    Find assessor info on the county website

    Neighborhood: Del Rey

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,689,500
    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
    $1,689,500