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12900 S Figueroa — Los Angeles | Belmont Brokerage | Belmont Brokerage

ActiveUnderContract

$625,000

6 DOM

— bd— ba— sqft

Call

12900 S Figueroa Los Angeles, CA 90061

7,916sqft lot

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.

MLS DW26077226

562-450-6268 (Office) 562-440-0282 (Cell) JasminLovett@yahoo.com

Est. payment

$3,993/mo

Principal & interestTaxesInsurance

$3,160$651$182

Down %

Rate %

Years

Down payment: $125,000 · Total cost: $1,262,722

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$3,993/mo

Principal & interest: $3,160
Est. property tax: $651
Est. insurance: $182
Down payment: $125,000

Est. gross rent$2,604/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-1,389/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.

Price History

Event	Date	Price	Change
Listed	Apr 9, 2026	$525,000	—

562-450-6268 (Office) 562-440-0282 (Cell) JasminLovett@yahoo.com

Sale & Tax History

No Recent Sales History

We didn't find any closed transactions for this property in the last 5 years.

Location

12900 S Figueroa, Los Angeles, CA 90061

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12900 S Figueroa Los Angeles, CA 90061

About this home

Jasmin Lovett

Est. monthly payment

Mortgage vs rent

Price History

Jasmin Lovett

Sale & Tax History

No Recent Sales History

Location

Listing Agent

Presented by Belmont Brokerage Inc.

12900 S Figueroa, Los Angeles, CA 90061

About This Property

Property Photos

Location

12900 S Figueroa Los Angeles, CA 90061

About this home

Jasmin Lovett

Est. monthly payment

Mortgage vs rent

Price History

Jasmin Lovett

Sale & Tax History

No Recent Sales History

Location

Listing Agent

Presented by Belmont Brokerage Inc.