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Property profile & analytics
FOR LEASE
Specialty properties

1438 Oak St Los Angeles, CA 90015

5,438 SF 0.14 ac lot Built 1928
Individually Owned 24-yr Hold ~ Est. High Equity
Property ID
US09-7854660
Property summary
AI-generated overview

This exceptional special-purpose property, located at 1438 Oak Street in Los Angeles, California, 90015, presents a unique investment opportunity. Priced at $2,000,000 ($367 per square foot), this well-maintained 5,438 square foot building offers a versatile layout ideal for religious or professional use. The property boasts a large worship sanctuary, perfect for congregational gatherings or large-scale events. In addition, it includes ample office space, a full kitchen, and three bathrooms, providing convenience and functionality. Six single-stall surface parking spaces are available on-site, a valuable asset in a densely populated urban area. Its strategic location offers unparalleled accessibility, with close proximity to the 110 and 10 Freeways, ensuring easy commutes for staff and attendees. Furthermore, its walkability is exceptional, boasting a Walk Score of 81 (Very Walkable) and a Transit Score of 89 (Excellent Transit), placing it within walking distance of Grand Station. This property represents a rare blend of functionality, location, and accessibility, making it an attractive investment for a variety of uses.

Property profile
Verified
Property type Specialty properties
Use group PROFESSIONAL CLUBS/ASSOCIATIONS
Year built 1928
Construction WOOD
Total area 5,438 SF
Lot 0.14 ac (6,002 SF)
Zoning code LACM
APN 5135-030-026
UPID US09-7854660
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • World Outreach House Of Prayer Church
  • Desoto Bail Bonds Los Angeles Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
World Outreach House Of Prayer · 24 yrs held
World Outreach House Of Prayer
since 2001
4 recorded transactions
2001
$250,000
1969
Price N/A
1969
Price N/A
1964
$30,000
Zoning & alternative use
LACM · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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