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2228 Century Hill

Ben Hayouni Acquires Condo At 2228 Century Hill In Los Angeles For $2.9M
SOLDCondo

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

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.

Players

Jennifer Okhovat

Compass

Broker

$43.6M

vol

14 deals

Broker

Market 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

5.40%

Cash-on-Cash

-1.54%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93