
12961 Panama St Los Angeles, CA 90066
Del Rey NeighborhoodEstimated payment $10,557/month
Highlights
- No HOA
- Den with Fireplace
- Living Room
- Venice High School Rated A
- Walk-In Closet
- Park
About This Home
Fantastic Duplex Opportunity in Prime Marina del Rey Area! Welcome to 12961 Panama Street—an exceptional 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.
Listing Agent
Douglas Elliman of California Inc. Brokerage Phone: 818-921-7738 License #02095654 Listed on: 06/27/2025

Co-Listing Agent
Douglas Elliman of California Inc. Brokerage Phone: 818-921-7738 License #01923825
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,838
Year Built
- Built in 1955
Lot Details
- 5,630 Sq Ft Lot
- Density is 2-5 Units/Acre
- Property is zoned LAR1
Parking
- 2 Car Garage
Interior Spaces
- 2,057 Sq Ft Home
- 1-Story Property
- Living Room
- Den with Fireplace
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Additional Features
- Exterior Lighting
- Central Air
Listing and Financial Details
- Legal Lot and Block 12 / R
- Tax Tract Number 2
- Assessor Parcel Number 4223007012
- $443 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
Recreation
- Park
- Bike Trail
Map
Home Values in the Area
Average Home Value in this Area
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 |
---|---|---|---|---|
2024 | $3,838 | $282,971 | $148,891 | $134,080 |
2023 | $3,770 | $277,423 | $145,972 | $131,451 |
2022 | $3,603 | $271,984 | $143,110 | $128,874 |
2021 | $3,544 | $266,652 | $140,304 | $126,348 |
2019 | $3,335 | $258,745 | $136,144 | $122,601 |
2018 | $3,240 | $253,673 | $133,475 | $120,198 |
2016 | $3,081 | $243,825 | $128,293 | $115,532 |
2015 | $3,038 | $240,163 | $126,366 | $113,797 |
2014 | $3,063 | $235,459 | $123,891 | $111,568 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/27/2025 06/27/25 | For Sale | $1,850,000 | -- | $771 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Grant Deed | -- | None Available | |
Grant Deed | -- | None Available | |
Interfamily Deed Transfer | -- | None Available | |
Interfamily Deed Transfer | -- | None Available | |
Interfamily Deed Transfer | -- | None Available | |
Interfamily Deed Transfer | -- | -- |
Similar Homes in the area
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR25141010

APN: 4223-007-012
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