Opening page…
Opening page…
Opening home details…
Prime Industrial Development Opportunity with Immediate Income Positioned in the growing South Los Angeles industrial corridor, this property at 12900 S. Figueroa St, Los Angeles, CA 90061 presents a compelling opportunity for developers and strategic investors. The industrial-zoned vacant lot is currently income producing with $2,700 per month in rent, allowing an investor or developer to generate revenue while pursuing entitlements, planning, or future construction. Its strategic location offers excellent connectivity to major transportation routes, commercial centers, and industrial hubs, making it ideal for a range of potential industrial or commercial uses (buyer to verify). Opportunities like this are increasingly rare—secure a well-located industrial parcel that combines present income with strong long-term development potential in one of Los Angeles’ active industrial markets.
Listing agent: Jasmin Lovett DRE #01856387 JasminLovett@yahoo.com, Listing office: Lovett & Associates, REALTORS
MLS data updated 11/3/2026, 2:09:42 PM PT
Source: CRMLS, MLS #: DW26077226
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
May 19, 2026
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$600,000Closed sale · May 19, 2026ZIP 90061 · May 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.