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Auto Dealership Sells for $4.4M

Owner/User Acquires 53,000-SF Retail Property in El Monte
By Emily Chiu
May 9, 2011 | 4:32 P.M.

Prime Southland Real Estate LLC acquired a 53,904-square-foot auto dealership property at 11705 Valley Blvd. in El Monte for $4,400,000 or $81.63 per square foot. This was a REO sale. The seller foreclosed on the subject property in November of 2010 after Chrysler filed for bankruptcy liquidation and the property was recently sold by Cathay Bank.

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News | Auto Dealership Sells for $4.4M