facebook
Traded Co logo
Submit
Daily limit: 0/10

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

Property Image
SOLD
$20,750,000

California

See Similar Deals
Condo9,290 SF
Sold 05/23/2024
the dealplayerscompscontact
Property Image
SOLD

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

1 Century Woods Drive

See Similar Deals
Condo9,290 SF
Sold 05/23/2024
Contact now

Summary

CALIFORNIA
Asset Type:Condo
Price Per Square Foot:$2,233
Total Square Footage:9,290 SF
Transaction Type:Sale

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
26 deals$502.2M volume
BROKER

Ginger Glass
Compass
17 deals$391.1M volume(310) 927-9307
BROKER

James Harris
Carolwood Estates
32 deals$573.4M volume
BROKER

Details

SOLD
IMAGE: Ginger Glass, David Parnes, Rihanna & James Harris DATE: 05/23/2024 ADDRESS: 1 West Century Drive Unit 40PH MARKET: Los Angeles ASSET TYPE: Condo ~ ACRES: 3.71 SELLER: Rihanna (@BadgalRiri) BUYER'S REP: Ginger Glass - Compass (@Compass) SELLER'S REP: David Parnes (@Davidbondst) & James Harris (@Jamesbondst) - Carolwood Estates (@CarolwoodRealEstate) SALE PRICE: $20,750,000 SF: 9,290 ~ PPSF: $2,234 NOTE: Rihanna sold her Los Angeles penthouse for nearly $20.8 million, about $85,000 less than she paid for it a year ago. The 9,290-square-foot condo in The Century building boasts four bedrooms, seven bathrooms, and extensive amenities, including a movie theater and wraparound terraces.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$1,106,666.66

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$73,720.38
Cash-on-Cash Return-1.27%
Monthly Debt Service$98,365.59
Annual Debt Service$1,180,387.03