I have both an ESP LTD and Lakland Skyline basses. The Skylines (55-60 & 55-64) are great and everything you'd imagine in a bass at that price point. The LTD is a fantastic bass as well (mine's actually the fretless 5 B205SM FL) and IME much more than what I expected in a bass at that price point.
The question is which one will best serve YOU in YOUR music situation? Only you can answer that. I will say that should you decide on the ESP, give it a try stock before you gut it. You might just be surprised.
THIS^
Don't worry about TBers who have opinions about what is junk that they've never even played. I happen to own a couple ESP guitars (no, not pointy) as well as a B206-SM bass. All are great. As far as I"m concerned if you want to find fault with the bass, it is that it weighs 12 lbs 4 oz. The look, the fit and finish, the neck the tone all are spectacular. Mine has the best feeling factory neck I've ever played.
I have also played the Lakland. It ALSO is a spectacular bass. Tone for yards. Feel, looks, you name it! You can hardly go wrong there either.
But these two basses are miles apart musically. One is 5 string, the other is 6 and all that means. Also one is Fender style and the other is modern-active style. The only choice has to come down to what kind of music do you intend to play on it. In my view the easiest argument to make is that you really need BOTH those basses!
