ECHO PARK — The church founded by legendary evangelist Aimee Semple McPherson is getting out of the Echo Park real estate business, putting up for sale a large collection of apartments, vacant lots, commercial buildings and homes near Echo Park Lake.
The asking price for the 14 properties owned by the International Church of the Foursquare Gospel was not disclosed, according to information posted on LoopNet. It’s not clear whether the Echo Park Lake Real Estate portfolio will be sold off in pieces or will go to one buyer.
The sale does not include several significant church landmarks and properties, including the domed Angelus Temple across from Echo Park Lake and the Sunset Boulevard office tower that houses the church headquarters, a Citibank branch and several commercial tenants.
The Echo Park properties were amassed over the decades after McPherson, known as Sister Aimee, opened Angelus Temple in the early 1920s. The properties include more than 60 apartment units and several empty lots on Glendale Boulevard and Park Avenue immediately across from Echo Park Lake.
The church recently agreed to sell a large hillside parcel on the border of Montecito Heights and Lincoln Heights for open space.