LADWP - Department of Water and Power of the City of Los Angeles
01/21/2026 | Press release | Distributed by Public on 01/21/2026 13:13
LADWP Approves First Sales of Three Properties to Long‑Term Tenants Under Land Divestment Policy in Inyo County
Bishop, CA (January 21, 2026) - Los Angeles Department of Water and Power (LADWP) approved the sale of three properties to existing tenured tenants in Bishop, Inyo County. LADWP's Divestment Policy provides the opportunity for eligible LADWP lessees to purchase and gain ownership of the land in which they operate their businesses. The surplus City of Los Angeles land is no longer required for LADWP operational needs, and the sale helps to support local businesses, helping foster continued regional community and economic development.
"In support of the local community, our goal is for the sales to provide meaningful benefits to its new owners," said Adam Perez, LADWP Director of Water Operations. "We are confident this streamlined process will facilitate similar opportunities for more eligible lessees in the future."
Although, the sale process was delayed by the impacts of the COVID-19 pandemic and legal processes, LADWP has reached the important milestone and looks forward to future sales of surplus properties.
Following recommendation approval by the Board of Water and Power Commissioners, the item will proceed to the Los Angeles City Council for final consideration. The combined sales value of the three properties is $610,000.
LADWP is the nation's largest municipal utility, providing reliable and cost effective and sustainable water and electricity to the city of Los Angeles for more than 100 years. With a dedicated workforce of nearly 12,000 employees, LADWP is committed to advancing workforce development, community engagement, and sustainable practices.
In the Eastern Sierra, LADWP manages nearly 315,000 acres of land across Inyo and Mono counties. Their operations include key facilities that ensure the safe delivery of water and power to Los Angeles. Additionally, LADWP oversees various land-use activities, such as ranching, grazing, campgrounds, and golf courses, highlighting their role as stewards of the region's natural resources.
Discover more about LADWP's work in the Eastern Sierra by visiting LADWP.com/EasternSierra.
LADWP - Department of Water and Power of the City of Los Angeles published this content on January 21, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on January 21, 2026 at 19:13 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]