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A Lot for (Not Any) Less

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It was announced last year that the Korean investors behind the shelved 3670 Wilshire project—a super condo tower near Wilshire/Western in Koreatown—had put the land up for sale. But now it looks like they may be finally stepping up their game in an effort to unload—a squeaky-clean sign from commercial real estate agent CB Richard Ellis is up, and the dusty lot is a less strewn with urban debris. The asking price hasn't moved in months though: $40 million. The area is close to subway stops, office buildings, and across the street from the new mixed-use Gardens at Wilshire development. [CB Richard Ellis]