CGI Agency Acquires Mixed-Use Property In San Gabriel Valley For $1.8M

The recently closed transaction involves a mixed-use property located at 10931 Valley Blvd. in the San Gabriel Valley market. The property spans approximately 4,598 square feet and was sold for a price of $1,800,000. This amounts to a price per square foot of $391.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $1,800,000
• Square Footage: 4,598
• Address: 10931 Valley Blvd.
• Market: San Gabriel Valley

CGI Agency acted as the buyer in this transaction, with Eric S. Chavez and Jorge Chavez representing them as brokers from Chavez & Associates REBF Inc. The buyer was able to secure a SBA-504 loan, allowing them to purchase the property with a 10% down payment. This acquisition serves as an example of CAREBF Inc.'s dedication to helping small business owners transition from leasing to owning their own space.