Christina Lam Acquires Retail Property In El Monte, CA For $1.6M

A 4,034 sqft. multi-tenant commercial retail building located at 10717-10733 Lower Azusa Rd in El Monte, California has been sold for $1,600,000. The property was sold by Eddy Cheung to Christina Lam. The transaction was facilitated by brokers Eric S. Chavez, CCIM, Jorge Chavez, and Kerry Lam of CAREBF Inc - eXp Commercial.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $1,600,000
• Square Footage: 4,034 sqft.
• Price per Square Foot: $397
• Market: El Monte, CA

CAREBF Inc., now part of eXp Commercial, helped their client 1031-exchange from single-family rental properties into this multi-tenant commercial retail investment property. The property will be managed by CAREBF Inc.'s property management division, CAREBF MGR.

NOTE FROM BROKER: CAREBF Inc., is now part of eXp Commercial. eXp Commercial is a division of eXp World Holdings, Inc. One, Big Brokerage – eXp Commercial is not a franchise. It is one big international brokerage. eXp Commercial Realty of CAREBF Inc., (Chavez & Associates REBF, Inc.), Brokers the Sale of a 4,034 Sqft. multi-tenant commercial retail building located in El Monte California…$396.63 PSF. We helped our client 1031-exchage from single-family rental properties into this multi-tenant commercial retail investment property. CAREBF Inc., property management division CAREBF MGR will be managing the property! CAREBF Inc. @exp.carebf.inc @Ericsc888