8BA cylinder wall issue?

[38 coupe]

In the pictures it appears to have a pit at the bottom of that fan shape, and a gouge at the top. Pictures can be misleading, what are we actually seeing?
If the only work the engine needs from a professional machine shop needs is that one hole sleeved you could ask it they could squeeze that in between whole engine jobs. Really need to see the rest of the block, rotating assembly, and pistons to make that call.