Updated Sep 11, 2026
Rob Bellamy & Tony Azzi Acquire Venice Multifamily Property From Nate Davies For $1.45M
315 Rose Avenue
$1,450,000
$392/SF
Building Size
3,692 SF
Asset Type
MultiFamily
Closing
Sep 9, 2026
About this deal
AI
The multifamily property located at 315 Rose Avenue in the Venice market was sold for $1,450,000. The asset comprises 4 units and has a total square footage of 3,692, resulting in a price per unit of $362,500 and a price per square foot of $392.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,450,000
- Units: 4
- Square Footage: 3,692
- Price per Unit: $362,500
- Price per Square Foot: $392
- Buyer: Rob Bellamy & Tony Azzi
- Seller: Nate Davies
- Brokers: Jake Glaser & Ryan Haggerty - Lyon Stahl Investment Real Estate
This transaction represents the efforts of brokers Jake Glaser and Ryan Haggerty, who facilitated the deal on behalf of the buyer, Rob Bellamy and Tony Azzi, and the seller, Nate Davies. For further insights into the deal story, follow @theglasergroup.
Players
Venice 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
10.94%
Cash-on-Cash
-3.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93