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809 Brooks Avenue

Sameron Quincey Purchases Multifamily Property At 809 Brooks Avenue Venice For $3.37M
SOLDMultiFamily

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

Jake Glaser

Lyon Stahl Investment Real Estate

Broker

$158.2M

vol

68 deals

Broker
Lyon Stahl Investment Real Estate
Lyon Stahl Investment Real EstateBrokerage

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