LADWP approves sale of three Eastern Sierra properties to long-term tenants

The Los Angeles Department of Water and Power approved sales of three surplus properties in Bishop to existing long‑term tenants, with a combined value of $610,000. The Board of Water and Power Commissioners recommended the item and it will proceed to the Los Angeles City Council for final consideration.

The Los Angeles Department of Water and Power approved the sale of three surplus properties in Bishop, Inyo County, to existing long‑term tenants. The sales are part of LADWP’s Divestment Policy, which allows eligible lessees to purchase the land where they operate. LADWP said the land is no longer required for its operational needs and that the sales support local businesses and regional economic development. The process experienced delays tied to the COVID‑19 pandemic and legal processes before reaching this milestone. Key details: - The approvals cover three properties located in Bishop, Inyo County. - The combined sales value for the three properties is $610,000. - The sales are being handled under LADWP’s Divestment Policy for eligible lessees. - The Board of Water and Power Commissioners recommended the item; it will move to the Los Angeles City Council for final consideration. - LADWP manages nearly 315,000 acres across Inyo and Mono counties and oversees activities such as ranching, grazing, campgrounds, and golf courses in the region. Summary: These approvals represent an initial implementation of LADWP’s divestment policy and are described by the utility as intended to provide benefits for the new owners and local businesses. The Board’s recommendation will be considered by the Los Angeles City Council, and the final outcome is pending Council action.