12821 Panama St, Los Angeles, CA 90066

$1,245,000
2
BD
1
BA
864
SqFt
List Price
$1,245,000
MLS#
24-413465
Status
ACTIVE
Type
Single Family Residential
Bedrooms
2
Bathrooms
1
Living Area
864

Property Description

Attention Builders. Prime 5,629sqft lot (50'wide/113'deep). Location, Location, Location. Huge ARV potential. Local new construction - 4347 Lyceum on 5,502sqft lot sold for $3,285,000 (2024). 12850 Admiral on 5,629sqft lot sold for $3,225,000 (2023). 4252 Mildred on 5,595sqft lot sold for $3,500,000 (2022). Bring your ideas and your architect, mini mansions are the trend in this area. This cute 864 sqft 2+1 with laundry room has deferred maintenance, with no improvements or upgrades. Unpermitted garage conversion with office area, bathroom (with shower) and countertop for bar frig and microwave. Backyard has several fruit trees - avocado, guava, calamansi, persimmons and lemon. Great opportunity to build your custom dream home! 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!

Additional Information

Year Built
1950
View
None
Garage
Driveway, On street

Mortgage Calculator

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Calculator source: Real Geeks

Courtesy of R1R, Arleen Revilla.

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