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1 Century Woods Drive

Rihanna Sells Los Angeles Condo Through Compass & Carolwood Estates For $20.75M
SOLDCondo

Rihanna Sells Los Angeles Condo Through Compass & Carolwood Estates For $20.75M

1 Century Woods Drive

$20,750,000

$2,233/SF

Building Size

9,290 SF

Asset Type

Condo

Closing

May 23, 2024

AI

The 9,290-square-foot condo located at 1 West Century Drive Unit 40PH in Los Angeles was sold by Rihanna for $20,750,000. The luxurious property features four bedrooms, seven bathrooms, a movie theater, and wraparound terraces.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $20,750,000
  • Market: Los Angeles
  • Address: 1 West Century Drive Unit 40PH
  • SF: 9,290
  • PPSF: $2,234
  • Asset Type: Condo
  • Acres: 3.71

Ginger Glass from Compass represented the buyer in this transaction, while David Parnes & James Harris from Carolwood Estates served as the seller's representatives.

Players

David Parnes

Carolwood Estates

Broker

$502.2M

vol

26 deals

Broker

Los Angeles Condo Market Snapshot

Boundary boundary · Condo · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.76%

Cash-on-Cash

-0.22%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93