12821 Panama St, Los Angeles, CA 90066

Property Description

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!