K
Seller's Agent in 2024
Keith Nam
SP Residential Inc
(213) 385-6500
2 in this area
5 Total Sales
12927 Panama St Los Angeles, CA 90066
Del Rey NeighborhoodEstimated Value: $1,968,000 - $2,277,000
5
Beds
4
Baths
2,055
Sq Ft
$1,011/Sq Ft
Est. Value
Highlights
- Detached Guest House
- Newly Remodeled
- Quartz Countertops
- Venice High School Rated A
- City View
- Lawn
About This Home
As of April 2024PRICE REDUCTION!! This fully renovated home in the highly coveted Del Rey neighborhood comes with a versatile ADU (Accessory Dwelling Unit). This is your chance to get into one of the most sought-after neighborhoods on the Westside. The main house has 3 bedrooms and 2 bathrooms, with the ADU having 2 bedrooms and 2 bathrooms. Whether you want to use the ADU as an additional living space, for a work space, a live-in nanny, additional income, or family and friends, buying a home with an additional living space is always a good investment. The neighborhood of Mar Vista has many benefits such as the proximity to the beach, the 90 fwy, Marina Del Rey, LAX, Venice, the Ballona Creek bike bath, and Culver City, as well as a popular farmers market. Additionally there are many restaurants and stores nearby. HUGE PRICE REDUCTION!!! This amazing opportunity will not last.
Last Agent to Sell the Property
SP Residential Inc License #01734972 Listed on: 11/05/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $20,973
Year Built
- Built in 1954 | Newly Remodeled
Lot Details
- 5,630 Sq Ft Lot
- Lot Dimensions are 50x113
- Wood Fence
- Sprinklers on Timer
- Lawn
- Property is zoned LAR1
Parking
- 2 Car Garage
- 5 Open Parking Spaces
- Driveway
- Guest Parking
Home Design
- Bungalow
- Raised Foundation
- Asphalt Roof
- Stucco
Interior Spaces
- 2,055 Sq Ft Home
- 1-Story Property
- Double Pane Windows
- Living Room
- Laminate Flooring
- City Views
Kitchen
- Oven or Range
- Gas and Electric Range
- Range Hood
- Microwave
- Dishwasher
- Quartz Countertops
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- Walk-In Closet
- Remodeled Bathroom
- Bathtub with Shower
Laundry
- Laundry closet
- Dryer
- Washer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Rain Gutters
- Rear Porch
Utilities
- Central Heating and Cooling System
- Heat Pump System
- Tankless Water Heater
- Sewer in Street
- Cable TV Available
Additional Features
- Detached Guest House
- City Lot
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 4223-007-005
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 26, 2023
Sold by
Nam Keith
Bought by
Us Property Development Llc
Current Estimated Value
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Us Property Development Llc | -- | None Listed On Document |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/02/2024 04/02/24 | Sold | $2,100,000 | +7.4% | $1,022 / Sq Ft | |
| 03/03/2024 03/03/24 | For Sale | $1,955,000 | -6.9% | $951 / Sq Ft | |
| 02/29/2024 02/29/24 | Off Market | $2,100,000 | -- | -- | |
| 02/14/2024 02/14/24 | Pending | -- | -- | -- | |
| 11/15/2023 11/15/23 | Price Changed | $1,955,000 | -2.0% | $951 / Sq Ft | |
| 11/05/2023 11/05/23 | For Sale | $1,994,000 | +56.4% | $970 / Sq Ft | |
| 06/11/2021 06/11/21 | Sold | $1,275,000 | +6.3% | $1,076 / Sq Ft | View Prior Sale |
| 05/10/2021 05/10/21 | Pending | -- | -- | -- | |
| 04/24/2021 04/24/21 | For Sale | $1,200,000 | -- | $1,013 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $20,973 | $2,142,000 | $1,326,000 | $816,000 |
| 2024 | $20,973 | $1,717,200 | $1,202,000 | $515,200 |
| 2023 | $16,208 | $1,326,510 | $1,061,208 | $265,302 |
| 2022 | $15,449 | $1,300,500 | $1,040,400 | $260,100 |
| 2021 | $5,481 | $449,889 | $383,252 | $66,637 |
| 2020 | $5,449 | $445,277 | $379,323 | $65,954 |
| 2019 | $5,233 | $436,547 | $371,886 | $64,661 |
| 2018 | $5,182 | $427,989 | $364,595 | $63,394 |
| 2016 | $4,948 | $411,372 | $350,439 | $60,933 |
| 2015 | $4,875 | $405,194 | $345,176 | $60,018 |
| 2014 | $4,898 | $397,258 | $338,415 | $58,843 |
Source: Public Records
Agents Affiliated with this Home
-
Keith Nam
-
Jerome Nalbandian
Buyer's Agent in 2024
Jerome Nalbandian
Equity Union
(661) 284-7615
1 in this area
27 Total Sales
-
Hannah DelPonte Vollera
Seller's Agent in 2021
Hannah DelPonte Vollera
Compass
(310) 902-1090
4 in this area
32 Total Sales
Map
Source: The MLS
MLS Number: 23-328995
APN: 4223-007-005
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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