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 courtesy of Listing Agent: Jasmin Lovett (JasminLovett@yahoo.com) from Listing Office: Lovett & Associates, REALTORS.
Listing sold by Maria Sarmiento from Keller Williams Sierra Madre
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.