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Real Estate/Development

Dec. 16, 2003

Jury Says L.A. School District Owes $10 Million

BY AMY K. SPEES Los Angeles Daily Journal The Los Angeles Unified School District will have to pay $22 million for a South Los Angeles parking lot the district had appraised at only $12.5 million and acquired through eminent domain, a Superior Court jury decided last month.

BY AMY K. SPEES
Los Angeles Daily Journal

        The Los Angeles Unified School District will have to pay $22 million for a South Los Angeles parking lot the district had appraised at only $12.5 million and acquired through eminent domain, a Superior Court jury decided last month.

        The former owner of the parking lot sued in June 2002, claiming the district's purcha...

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