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2222 Avenue of the Stars, C...

Updated Dec 19, 2023

Nabil Barsoum & Camelia Barsoum Sell Century City Condo For $1.81M
SOLD

Nabil Barsoum & Camelia Barsoum Sell Century City Condo For $1.81M

2222 Avenue of the Stars, Century City, California 90067, United States

$1,810,000

$916/SF

Building Size

1,974 SF

Asset Type

Closing

Apr 26, 2022

About this deal

AI

The recently closed property transaction on 2222 Avenue of the Stars in Century City involved the sale of a condominium. The condo, with a total area of 1,974 square feet, was sold for $1,810,000, resulting in a price per square foot of $916. The transaction took place on April 27, 2022, and was captured in an image shared by Brandon Soufer on Instagram.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $1,810,000
  • Square Footage: 1,974 sqft
  • Price per Square Foot: $916
  • Address: 2222 Avenue of the Stars, Century City

During the sale, Nabil Barsoum and Camelia Barsoum acted as the sellers. The transaction was facilitated by Brandon Soufer from The Agency, who represented the sellers in the deal.

Players

Brandon Soufer

The Agency

Broker

$3.4M

vol

2 deals

Broker

Los Angeles CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Deal FAQ

About $916 per square foot on a published $1.8M for 1,974 square feet (2022).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

8.76%

Cash-on-Cash

-2.50%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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