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12820 Panama St 13,913 SF 46% Leased Flex Building Los Angeles, CA 90066 $13,950,000 ($1,002.66/SF)



Investment Highlights
- 12820 Panama Street is a fully renovated, plug-and-play creative full-building purchasing opportunity spanning 13,913 square feet in Silicon Beach.
- Showcasing an open floor plan comprising private offices and conference rooms, designed with an upgraded kitchen and private outdoor area.
- Recently renovated with floor-to-ceiling windows, a new HVAC system and roof, 17-foot exposed ceilings, and oversized skylights.
- Previously home to a subscription box company and often used for filmmaking, the building is ideally used for industrial or warehouse space.
- Enjoy unmatched accessibility from the site's location off Culver Blvd, one of Del Rey’s major thoroughfares that connects to I-405 and LAX.
- With Marina del Rey reachable in minutes, the surrounding area has walkability to several local restaurants and coffee shops across the street.
Executive Summary
12820 Panama Street allows business owners to source a well-maintained creative office with secured entry, complete private control of the premises, and attached outdoor space. The office has many new modern features, including oversized skylights, floor-to-ceiling windows, a new HVAC system and roof, an upgraded kitchen, 17-foot exposed ceilings, and new bathrooms.
12820 Panama Street sits in the heart of Del Rey, a scenic suburb in West Los Angeles and a popular neighborhood for residents and local businesses. The coastal district is home to the Marina Del Rey and UCLA Marina Aquatic Center. The property sits just north of Loyola Marymount University and the Los Angeles International Airport (LAX), only 4 miles away. 12820 Panama Street is just minutes from the San Diego Freeway, providing easy connections to the greater metro area. With its privatized creative office and impressive new and renovated amenities in a highly desirable LA suburb, 12820 Panama Street is the perfect place to start or grow a business. A 90-day notice is needed to vacate the current tenant.
Property Facts
| Price | $13,950,000 | Lot Size | 0.52 AC |
| Price Per SF | $1,002.66 | Rentable Building Area | 13,913 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Flex | Year Built | 2018 |
| Property Subtype | Showroom | Parking Ratio | 1.44/1,000 SF |
| Building Class | B | Clear Ceiling Height | 17’ |
| Zoning | M1 & M2 - M1 & M2 (Light Industrial) This space can easily be used as industrial, warehouse or flex space. We can accommodate the installation of garage doors. | ||
| Price | $13,950,000 |
| Price Per SF | $1,002.66 |
| Sale Type | Investment or Owner User |
| Property Type | Flex |
| Property Subtype | Showroom |
| Building Class | B |
| Lot Size | 0.52 AC |
| Rentable Building Area | 13,913 SF |
| No. Stories | 1 |
| Year Built | 2018 |
| Parking Ratio | 1.44/1,000 SF |
| Clear Ceiling Height | 17’ |
| Zoning | M1 & M2 - M1 & M2 (Light Industrial) This space can easily be used as industrial, warehouse or flex space. We can accommodate the installation of garage doors. |
Amenities
- 24 Hour Access
- Conferencing Facility
- Courtyard
- Security System
- Signage
- Skylights
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Can come fully furnished or delivered vacant.
| Space | Size | Space Use | Condition | Available |
| 1st Fl - North | 7,535 SF | Flex | - | Jun 2026 |
| 1st Fl-Ste South | 6,378 SF | Office | - | 30 Days |
1st Fl - North
| Size |
| 7,535 SF |
| Space Use |
| Flex |
| Condition |
| - |
| Available |
| Jun 2026 |
1st Fl-Ste South
| Size |
| 6,378 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| 30 Days |
1st Fl - North
| Size | 7,535 SF |
| Space Use | Flex |
| Condition | - |
| Available | Jun 2026 |
Can come fully furnished or delivered vacant.
1st Fl-Ste South
| Size | 6,378 SF |
| Space Use | Office |
| Condition | - |
| Available | 30 Days |
About Westside
Westside Los Angeles is highly sought after by creative industrial tenants spanning a wide range of industries, from tech, media, and entertainment to life sciences, healthcare, aerospace, manufacturing, and professional services. Adjacent to the Los Angeles International Airport, cargo warehouses are strategically located along major thoroughfares, interspersed with hotels and office buildings.
The area is densely populated and built out, leaving little space for industrial development. Vacant commercial land is more often developed for alternative uses, and development typically requires demolishing older buildings, thereby capping supply. Buildings in the area command premium rents due to their redevelopment potential and intrinsic demand.
The area became more attractive with the addition of the Metro rail connection through Culver City and the extension to Santa Monica. The new Metro D line extension along Wilshire Boulevard will connect Westwood, Century City, and Beverly Hills to the expanding commuter network, with the entire line aimed for completion ahead of the 2028 Olympics.
Demographics
Regional Accessibility
Nearby Amenities
Restaurants |
|||
|---|---|---|---|
| Lenzini's Pizza | Pizza | $ | 3 min walk |
| Ronnie Diner | Diner | $ | 3 min walk |
| Plank 47 Pizza | Pizza | $ | 13 min walk |
| Taqueria Sanchez | Mexican | $ | 13 min walk |
| Pepe's Tacos | Mexican | $ | 12 min walk |
| Sakura Japanese Restaurant | Japanese | $$ | 13 min walk |
| Submariners | Sandwiches | $ | 12 min walk |
| Diamond Donuts | Donuts | $ | 12 min walk |
| La Vegan | Vegan | $ | 14 min walk |
Hotels |
|
|---|---|
| DoubleTree by Hilton |
283 rooms
4 min drive
|
| Holiday Inn Express |
68 rooms
5 min drive
|
| Ritz-Carlton |
304 rooms
6 min drive
|
| Hilton Garden Inn |
136 rooms
6 min drive
|
Property Taxes
| Parcel Number | 4223-008-012 | Improvements Assessment | $580,292 |
| Land Assessment | $4,642,342 | Total Assessment | $5,222,634 |
Property Taxes
About the Architect
Other Properties in the Shubin+ Donaldson Architects Portfolio
Sale Advisor
Sale Advisor
Danielle Gerz, DRE #02223577
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12820 Panama St
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