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Betty Carlyle Purchases Venice Multifamily Property From Buddy Glenn For $2.22M

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SOLD
$2,220,000

California

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MultiFamily2,985 SF
Sold 06/01/2026
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Property Image
SOLD

Betty Carlyle Purchases Venice Multifamily Property From Buddy Glenn For $2.22M

51 Sunset Avenue

See Similar Deals
MultiFamily2,985 SF
Sold 06/01/2026
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Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$743
Total Square Footage:2,985 SF
Transaction Type:Sale

The property asset is a multifamily unit located at 51 Sunset Avenue in Venice. The sale price for the transaction was $2,220,000, which breaks down to $740,000 per unit, encompassing a total of 3 units. The total square footage of the property is 2,985, leading to a price per square foot of $743.

Summary of transation details:

  • Property Type: Multifamily
  • Transaction Amount: $2,220,000
  • Units: 3
  • Price Per Unit: $740,000
  • Square Footage: 2,985
  • Price Per Square Foot: $743
  • Buyer: Betty Carlyle
  • Seller: Buddy Glenn
  • Broker Representative for Buyer: Jake Glaser - Lyon Stahl Investment Real Estate
  • Broker Representative for Seller: Andrew Tripodi - Douglas Elliman

In this transaction, Betty Carlyle acted as the buyer while Buddy Glenn was the seller. The brokers involved were Jake Glaser from Lyon Stahl Investment Real Estate and Andrew Tripodi from Douglas Elliman, representing their respective clients in this multifamily property deal.

Players

Jake Glaser
68 deals$158.2M volume(347) 461-6043
BROKER

Andrew Tripodi
Douglas Elliman
2 deals$5.6M volume(516) 770-6061
BROKER

Details

SOLD
IMAGE: Jake Glaser & Andrew Tripodi DATE: 06/01/2026 ADDRESS: 51 Sunset Avenue MARKET: Venice ASSET TYPE: Multifamily BUYER: Betty Carlyle SELLER: Buddy Glenn BROKERS: Jake Glaser (@TheGlaserGroup) - Lyon Stahl Investment Real Estate (@LyonStahl); Andrew Tripodi - Douglas Elliman (@DouglasElliman) SALE PRICE: $2,220,000 UNITS: 3 ~ PPU: $740,000 SF: 2,985 ~ PPSF: $743 NOTE FROM BROKER: Head to @theglasergroup for the full deal story

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$7,887.20
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