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2008 E 87th St - Los Angeles Bible Training School 10,000 SF Specialty Building Offered at $2,769,120 CAD at a 7.50% Cap Rate in Los Angeles, CA 90002



Investment Highlights
- Religious Facility with Classrooms
- Cafe with Kitchen
- Newly Renovated
- Large Parking Lot
Executive Summary
The Historic “Los Angeles Bible Training School” is for sale. This historic school was co-founded by the renowned Dr. J. Vernon McGhee.
This 10,000 square foot educational and religious facility/building is located on a 27,000 ft.² lot that provides plenty of Parking.
This site has served to educate many Christians throughout the Los Angeles area and beyond for many decades.
This beautiful location has room for (5) Very Large classrooms for school use.
There is “A State-of-the-art Café and Kitchen/ Cafeteria” that has been installed for fellowship-social gatherings, conference meetings and break area within one
of the converted classrooms.
The extraordinary gems of the site are the newly renovated sanctuary/worship area and café-kitchen.
There is a classroom which has been previously used as a library. There are several very nice office spaces throughout the building.
Large Men’s and Women’s Restrooms throughout the building as well as private restrooms.
New HVAC system has been installed with New units on the roof.
There is new paint and fixtures throughout the building. The majority of the building has been newly renovated.
There is a large parking lot adjacent to the building with alley access that can accommodate over 40-50 cars at this location.
There is plenty of street parking.
This site would be perfect for schools, churches, offices and/or community non-profit uses.
The current tenant is Calvary Chapel of Los Angeles.
Located just off the Alameda corridor and Firestone Boulevard.
Come see this outstanding location that has served as a worship center and educational center for many through decades.
This 10,000 square foot educational and religious facility/building is located on a 27,000 ft.² lot that provides plenty of Parking.
This site has served to educate many Christians throughout the Los Angeles area and beyond for many decades.
This beautiful location has room for (5) Very Large classrooms for school use.
There is “A State-of-the-art Café and Kitchen/ Cafeteria” that has been installed for fellowship-social gatherings, conference meetings and break area within one
of the converted classrooms.
The extraordinary gems of the site are the newly renovated sanctuary/worship area and café-kitchen.
There is a classroom which has been previously used as a library. There are several very nice office spaces throughout the building.
Large Men’s and Women’s Restrooms throughout the building as well as private restrooms.
New HVAC system has been installed with New units on the roof.
There is new paint and fixtures throughout the building. The majority of the building has been newly renovated.
There is a large parking lot adjacent to the building with alley access that can accommodate over 40-50 cars at this location.
There is plenty of street parking.
This site would be perfect for schools, churches, offices and/or community non-profit uses.
The current tenant is Calvary Chapel of Los Angeles.
Located just off the Alameda corridor and Firestone Boulevard.
Come see this outstanding location that has served as a worship center and educational center for many through decades.
Property Facts
Amenities
- Wheelchair Accessible
- Air Conditioning
- Cafe
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Moderately walkable
60/100
Moderately drivable
70/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 6045-010-027 | Improvements Assessment | $608,799 CAD |
| Land Assessment | $37,344 CAD | Total Assessment | $646,144 CAD |
Property Taxes
Parcel Number
6045-010-027
Land Assessment
$37,344 CAD
Improvements Assessment
$608,799 CAD
Total Assessment
$646,144 CAD
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2008 E 87th St - Los Angeles Bible Training School
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