- 4 beds
- 2 baths
- 2,057 sqft
- 5,630 sqft lot
- $899 per sqft
- 1955 build
- – on site
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.
Last checked:
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Checking…
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Last updated Jun 29, 2025
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MLS# SR25141010 —
This home is listed in more than one place. See it here, and here, and here.
The Building
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Year Built:1955
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Year Built Source:Assessor
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New Construction:No
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Total Number Of Units:2
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Structure Type:Duplex
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Stories Total:1
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Entry Level:1
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Common Walls:1 Common Wall
Interior
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Levels:One
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Entry Location:1
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Room Type:Den, Kitchen, Living Room, Walk-In Closet
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Living Area Units:Square Feet
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Living Area Source:Assessor
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Fireplace:Yes
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Fireplace:Den
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Laundry:Dryer Included, Washer Included
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Laundry:1
Room Dimensions
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Living Area:2057.00
Location
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Directions:Allah Rd x Panama St
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Latitude:33.98345800
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Longitude:-118.42959200
The Property
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Property Type:Residential
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Subtype:Single Family Residence
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Zoning:LAR1
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Lot Features:2-5 Units/Acre
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Lot Size Area:5630.0000
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Lot Size Acres:0.1292
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Lot Size SqFt:5630.00
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Lot Size Source:Assessor
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View:None
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
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Lease Considered:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:2753.13
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Tax Tract:2
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Tax Lot:12
Beds
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Total Bedrooms:4
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Main Level Bedrooms:4
Baths
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Total Baths:2
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Full & Three Quarter Baths:2
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Main Level Baths:2
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Full Baths:2
The Listing
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Special Listing Conditions:Standard
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Parcel Number:4223007012
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Showings Begin:2025-06-27
Heating & Cooling
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Cooling:Yes
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Cooling:Central Air
Utilities
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Sewer:Public Sewer
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Water Source:Public
Schools
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High School District:Culver City Unified
The Community
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Features:Biking, Curbs, Park, Sidewalks, Storm Drains, Street Lights
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Association:No
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Pool:None
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Senior Community:No
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Private Pool:No
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Assessments:No
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Assessments:None
Parking
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Parking Spaces:2.00
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Attached Garage:No
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Garage Spaces:2.00
Monthly cost estimate

Asking price
$1,850,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$9,906
|
Taxes | N/A |
Insurance | $508 |
Utilities | N/A |
Total | $10,414/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
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6/27/25
Jun 27, 2025
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Listed / Active | CRMLS_CA | $1,850,000 |

51% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $111k above asking price on average, but some went as high as $451k over asking price.