Reported Sep 8, 2026 · Source: YieldPro
Marcus & Millichap announced the sale of two multifamily properties at 947 4th St. and 914 5th St. in Santa Monica, California. The buyer was The Ezralow Company, and each property sold for more than $1 million per unit, for a combined price of $10.25 million. Seller: Not disclosed. Unit counts: Not disclosed.
Summarized from the article; the quoted lines below are from the article itself.
Read the full report at YieldPro. What the article says:
Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of two multifamily properties at 947 4th St. and 914 5th St. in Santa Monica, California.
“The $1.2 million-per-unit sale of 914 5th St. was the highest price per unit for a multifamily sale in Santa Monica in 2026,” said Azzi.
Each property sold for more than $1 million per unit, or a combined price of $10.25 million.
Banafsheha and Tony Azzi of The Azzi Group in Marcus & Millichap’s Los Angeles office had the exclusive listings to market both properties on behalf of the seller and procured the buyer, The Ezralow Company.
Article date: 2026-09-08T18:40:15+00:00
All Westside / Beverly Hills / West Hollywood deals · More multifamily & mixed-use deals in Los Angeles · Los Angeles (incl. OC & Inland Empire): this week and archive
Compiled from public sources; details can differ between sources. Always verify with the linked source.