Updated May 29, 2026
Preston & Bryce Ezralow Acquire Multifamily Asset In Los Angeles For $47 Million
8811 Burton Way
$47,000,000
$543/SF
Building Size
86,448 SF
Asset Type
MultiFamily
Closing
May 27, 2026
About this deal
AI
The multifamily asset located at 8811 Burton Way in Los Angeles has been sold for a total price of $47,000,000. The property comprises 78 units, with a price per unit of $602,564. The total square footage of the building is 86,448, resulting in a price per square foot of $543.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $47,000,000
- Buyer: Preston & Bryce Ezralow
- Seller: May Ling Yu
- Brokers: Tony Azzi & Rabbie Banafsheha - Marcus & Millichap
- Units: 78
- Square Footage: 86,448
- Price Per Unit: $602,564
- Price Per Square Foot: $543
The transaction involved the collaboration of brokers Tony Azzi and Rabbie Banafsheha from Marcus & Millichap, representing both parties effectively in the sale process. Their expertise in the multifamily market facilitated the completion of this significant real estate transaction.
On the Map
$47,000,000
$543/SF
MultiFamily
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Players
West Hollywood MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.34%
Cash-on-Cash
-0.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93