12821 Panama Street
Los Angeles, CA 90066

Attention Builders. 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. 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). Bring your ideas and your architect, mini mansions are the trend in this area. If you're a first time homebuyer or renting, this cute 864 sqft 2+1 with laundry room needs TLC but is the perfect starter home! 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. 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. MOTIVATED SELLERS, they already identified a replacement property, escrow needs to close by Aug 23, 2024. No contingency offers get priority attention and go to the top of the list!