Updated Sep 9, 2024
Ben Hayouni Acquires Condo At 2228 Century Hill In Los Angeles For $2.9M
2228 Century Hill
$2,938,500
$734/SF
Building Size
4,000 SF
Asset Type
Condo
Closing
Jan 10, 2023
About this deal
AI
An exquisite condo located at 2228 Century Hill in the vibrant market of Los Angeles has been sold. This impressive property boasts a spacious 4,000 square feet, offering ample room for the new owner to enjoy. The sale price for this remarkable condo was $2,938,500, leading to a price per square foot of $735. The transaction took place on January 10, 2023, marking a successful closed deal.
Summary of Transaction Details:
- Property Type: Condo
- Transaction Amount: $2,938,500
- Square Footage: 4,000
- Address: 2228 Century Hill
- Market: Los Angeles
The buyer of this remarkable condo is Ben Hayouni, while the seller is Ali Safavi. The deal was facilitated by Austin Brunkhorst and Jennifer Okhovat from Compass, representing the respective parties. Their expertise and professionalism played a crucial role in ensuring a smooth transaction.
On the Map
$2,938,500
$734/SF
Condo
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Los Angeles Condo Market Snapshot
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Deal FAQ
About $734 per square foot on a published $2.9M for 4,000 square feet (2023).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.40%
Cash-on-Cash
-1.54%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93