If you have an odd-shaped building lot or one as narrow as 25 feet, the nonprofit Mead Housing organization might be in the market for it.
"Government agencies, individuals and corporations with vacant land in Watts, Compton, Willowbrook or other South Central Los Angeles communities are urged to call us at 213/483-4594," said Mead President Donald B. Nicholson. Mead pays cash for lots, he added.
There can also be tax advantages to either giving lots to Mead Housing or making them available at reduced rates, Nicholson said.
Last year, Mead Housing, 1644 Wilshire Blvd., closed 172 escrows at an average price of $78,404, an increase of about $2,500 over 1984.