Sameron Quincey Purchases Multifamily Property At 809 Brooks Avenue Venice For $3.37M
809 Brooks Avenue
$3,370,000
$649/SF
Building Size
5,190 SF
Asset Type
MultiFamily
Closing
Dec 9, 2025
AI
The asset involved in this transaction is a multifamily property located at 809 Brooks Avenue in Venice. It was sold for $3,370,000. The property comprises 2 units, providing a price per unit of $1,685,000. The total square footage of the asset is 5,190, which translates to a price per square foot of $649.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,370,000
- Address: 809 Brooks Avenue
- Market: Venice
- Units: 2
- Price Per Unit: $1,685,000
- Square Footage: 5,190
- Price Per Square Foot: $649
- Buyer: Sameron Quincey
- Seller: Pan Wu
- Buyer’s Representative: Andrew Tripodi - Douglas Elliman
- Seller’s Representatives: Jake Glaser & Spencer Chan - Lyon Stahl Investment Real Estate
This multifamily property's transaction involved key individuals from both sides, with Andrew Tripodi representing the buyer, Sameron Quincey, and Jake Glaser along with Spencer Chan representing the seller, Pan Wu. The collaboration of these professionals facilitated the successful closing of the deal.
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
4.71%
Cash-on-Cash
-1.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93