Property
Listing Agent: Jasmin Lovett (DRE #01856387) · Listing Office: Lovett & Associates, REALTORS · Contact: 562-450-6268 · Bought with: Maria Sarmiento · Keller Williams Sierra Madre · MLS #DW26077226 · Source: CRMLS
12900 S Figueroa sold for $600,000 in May 2026, 4.0% under its $625,000 list price, after 4 days on the market. It was first listed at $525,000. Across 49 closed sales in 90061 over the last 12 months, the median sold price is $630,000 and the median is $465 per square foot.
| Quarter | Closed sales in 90061 | Median sold price |
|---|---|---|
| Q1 2026 | 5 | $655,000 |
| Q2 2026 | 21 | $581,000 |
| Q3 2026 | 19 | $665,000 |
| Q4 2026 | 4 | $507,503 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Los Angeles · Homes for sale in 90061
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 description from the May 2026 sale, as reported to CRMLS.
Closed sales reported in 90061, nearest first, last 12 months. All recent sales in Los Angeles →