12821 Panama Street
Los Angeles, CA 90066
Sold
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!
PROPERTY INFORMATION
MLS # | 24413465 | Lot Size | 5,629 Sq. Ft. |
HOA Fees | $0/Monthly | Property Type | Single Family Residence |
Price | $ 1,160,000
Price Per SqFt: $ 1,343 |
DOM | 298 Days |
Address | 12821 Panama Street | Type | Residential |
City | Los Angeles | Sq.Ft. | 864 Sq. Ft. |
Postal Code | 90066 | Garage | N/A |
County | Los Angeles | Year Built | 1950 |
Bed / Bath | 2 / 1 | Parking | N/A |
Built In | 1950 | Status | Closed |
Sold Date | 2024-09-10 |
INTERIOR FEATURES
Has Laundry | Yes |
Laundry Information | Washer Included, Dryer Included, Individual Room |
Has Fireplace | No |
Fireplace Information | None |
Has Appliances | Yes |
Kitchen Appliances | Dishwasher, Microwave, Refrigerator |
Has Cooling | No |
Cooling Information | None |
Flooring Information | Tile, Carpet |
Has Spa | No |
SpaDescription | None |
EXTERIOR FEATURES
Has Pool | No |
Pool | None |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,237
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
Date | Event | Price |
07/10/2024 | Listed | $1,245,000 |

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Listing provided courtesy of Arleen Revilla, R1R. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.