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8928 South Figueroa Street

Updated Oct 29, 2026

Mision Cristiana Pacto De Fe Inc Acquires Church From Messiah Full Gospel Bible Fellowship For $1.7M
SOLDChurch

Mision Cristiana Pacto De Fe Inc Acquires Church From Messiah Full Gospel Bible Fellowship For $1.7M

8928 South Figueroa Street

$1,700,000

$265/SF

Building Size

6,411 SF

Asset Type

Church

Closing

Oct 28, 2026

About this deal

AI

The property asset involved in this transaction is a church located at 8928 South Figueroa Street in the Los Angeles market. It has a total square footage of 6,411 and was sold for a price of $1,700,000, translating to a price per square foot of $265.

Summary of transaction details:

  • Property Type: Church
  • Transaction Amount: $1,700,000
  • Address: 8928 South Figueroa Street
  • Market: Los Angeles
  • Square Footage: 6,411
  • Price Per Square Foot: $265
  • Buyer: Mision Cristiana Pacto De Fe Inc
  • Seller: Messiah Full Gospel Bible Fellowship
  • Brokers: James Daughrity & Marlene Dymally - Daughrity Real Estate

This transaction involved the buyer, Mision Cristiana Pacto De Fe Inc, acquiring the property from the seller, Messiah Full Gospel Bible Fellowship. The deal was facilitated by brokers James Daughrity and Marlene Dymally from Daughrity Real Estate, who represented both parties in this closed transaction.

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$1,700,000

$265/SF

Church

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Players

James Daughrity

Daughrity Real Estate

Broker

$82.7M

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Los Angeles Church Market Snapshot

Boundary boundary · Church · Sale transactions

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Deal FAQ

About $265 per square foot on a published $1.7M for 6,411 square feet (2026).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

9.33%

Cash-on-Cash

-2.67%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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