Ben Hayouni Acquires Condo At 2228 Century Hill In Los Angeles For $2.9M
SOLD
$2,938,500
California
See Similar DealsCondo4,000 SF
Sold 01/10/2023
SOLD
Ben Hayouni Acquires Condo At 2228 Century Hill In Los Angeles For $2.9M
2228 Century Hill
See Similar DealsCondo4,000 SF
Sold 01/10/2023
Summary
CALIFORNIA
Asset Type:Condo
Price Per Square Foot:$734
Total Square Footage:4,000 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$156,720.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$10,439.87
Cash-on-Cash Return-1.27%
Monthly Debt Service$13,929.99
Annual Debt Service$167,159.87
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