Preston & Bryce Ezralow Acquire Multifamily Asset From May Ling Yu In Santa Monica For $4.8M

The multifamily asset located at 914 5th Street in Santa Monica has been sold for $4,800,000. The property consists of 4 units, encompassing a total square footage of 8,336, resulting in a price per unit of $1,200,000 and a price per square foot of $575.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $4,800,000
• Units: 4
• Square Footage: 8,336
• Price Per Unit: $1,200,000
• Price Per Square Foot: $575
• Buyer: Preston & Bryce Ezralow
• Seller: May Ling Yu
• Brokerage Representatives: Tony Azzi & Rabbie Banafsheha - Marcus & Millichap

The transaction featured Preston & Bryce Ezralow as the buyers and May Ling Yu as the seller. The brokerage company Marcus & Millichap, represented by Tony Azzi and Rabbie Banafsheha, facilitated the sale.