Another commercial (real estate) Christmas

You know how it is. You want to get that certain someone a very special holiday gift, but you would prefer to find it on sale at a big markdown -- something like, say, 40% off. If your loved one has always wanted an income-producing property, how about surprising him or her with a nice parking lot?  An enterprising real estate broker at CB Richard Ellis is promoting one of his listings as a "holiday special," with the price reduced from $1.5 million to just $899,000. For that you get 7,144 square feet of asphalt on Witmer Street, just a few blocks west of downtown Los Angeles near Good Samaritan Hospital. It might be a lovely spot to build condominiums or apartments. Someday.

-- Roger Vincent    

Comments

[MyLessThanPrimeBeef]

My pessimistic take on the whole situation we have found ourselves in is this - that we should impose a moratorium on everything we humans do and just wait for the next new species in evolution to arrive.

We can't handle it. The problem is too big, too messy.

We Homo Sapiens Sapiens are going to be replaced by Homo Not-So-Sapiens Not-So-Sapiens, the next hottest things in the world.

So, in the meantime, let us not make things worse.

[Mary C.]

Isn't that lot kind of small to build something on? That isn't much bigger than a lot of single-home lots. It sure wouldn't include parking (or it might be enough for a small parking lot, period, not a parking garage, and not a building).