Foreclosed. Freestanding retail/restaurant building on 50 x 120 street to alley C2 lot. Borrower was asking 499K. A+ location w/huge upside: walking distance to under-construction Hollywood Park Tomorrow 238 acre development + probable NFL stadium (could fit a lot of cars here), and due east of New Forum owned by Madison Square Garden. 34,000 traffic count on Crenshaw. C2 zoning allows a multitude of uses – see list in supplements. Borrower had a #47 beer & wine license (sales only) and tobacco & cigarettes retailer’s license, which may be purchased.