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
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