12821 Panama Street, Los Angeles

Los Angeles Home For Sale

Attention Builders... or First Time Homebuyers. THIS IS THE GOLDMINE LARGE LOT YOU'VE BEEN WAITING FOR! Prime 5,629sqft lot (50'wide/113'deep). Location, Location, Location. Huge ARV potential. 12850 Admiral on same size lot 5,629sqft sold for $3,225,000 (2023). Bring your ideas and your architect, mini mansions are the trend in this area. Hello first time homebuyer or renters, this cute 864 sqft 2+1 with separate laundry room is ready to move in now, but could use TLC in the future. It is the perfect starter home, best value in our neighborhood - buy now, build later! Unpermitted garage conversion micro studio with bathroom (shower) and countertop for bar frig and microwave. Backyard has several fruit trees - avocado, guava, calamansi, persimmons and lemon. First time homebuyers, get this fixer now and build your custom dream home in the future! 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. This peaceful yet highly desired Marina del Rey adjacent neighborhood has so much to offer. 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 highly motivated, anxious to make a deal!

Property Details

12821 Panama StreetSquare Ft: 864Lot Size: 0.13Bedrooms: 2Bathrooms: 1Price: $1,195,000Zip: 90066
MLS® #: 24413465Levels: OneSchool District: Days on Market: 27Listed By: Arleen Revilla, R1R

Sales Agent

Beach Cities Real Estate
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Additional Information

  • City:
    Los Angeles
  • County:
    Los Angeles
  • Zip:
    90066
  • MLS® #:
    24413465
  • Bedrooms:
    2
  • Bathrooms:
    1
  • Square Ft:
    864
  • Lot Size:
    0.13
  • Levels:
    One
  • HOA Dues:
    $

Price Change History for 12821 Panama Street, Los Angeles, (MLS® #24413465)

Date Details Price Change
Price Reduced $1,195,000 $25,000 (2.05%)
Price Reduced (from $1,245,000) $1,220,000 $25,000 (2.01%)
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Based on information from California Regional Multiple Listing Service, Inc. as of August 5th, 2024 at 10:21pm PDT. 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.