Rihanna goes high with penthouse in Century City for $21M

Unit at The Century has neighbors Candy Spelling and Denzel Washington

Rihanna with 1 West Century Drive
Rihanna with The Century (Getty, Google Maps)

Rihanna, with a new baby and a second child on the way, has bought a penthouse in Century City for $21 million.

The billionaire singer, born Robyn Rihanna Fenty in Barbados, purchased the 9,300-square-foot penthouse close to the top of The Century, Dirt.com reported.

The seller was Nick Molnar, billionaire co-founder of tech company Afterpay, who originally sought $28 million.

The deal closed on March 31, one day before the City of L.A.’s new “mansion tax,” otherwise known as Measure ULA, went into effect. If the deal had closed in April, Molnar would have owed an additional $1.1 million in taxes, according to Dirt.

The $21 million sale price represents a $600,000 loss for Molnar, who bought the condo less than two years ago from Matthew Perry. During his four-year ownership, the “Friends” actor revamped it with architect Scott Joyce and interior designer L.M. Pagano.

The four-bedroom, seven-bathroom luxury penthouse has floor-to-ceiling windows with L.A. skyline views.

A private elevator opens into the condo’s entrance. Hardwood floors flow into the dining room, which is served by an all-white kitchen with marble countertops, dual islands and top appliances.

The condo has a soundproof movie theater with velour couches and a master suite equipped with a curved bedroom, dual closets, dual bathrooms and a private lounge. 

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Its most impressive features may be its four separate outdoor terraces, which face north, south, east and west with panoramic views of the Pacific Ocean, Downtown Los Angeles and Mount Baldy.

Notable residents at The Century include Denzel Washington and reality TV stars Terry and Heather Dubrow. Then there’s Candy Spelling, whose famed two-floor penthouse lies above Rihanna’s on the 41st and 42nd floors of the building.

Completed in 2010 and designed by Robert A.M. Stern Architects, the oval highrise on 4 acres is a landmark of the Century City skyline.

Rihanna’s penthouse includes $8,814 in monthly HOA dues, which pay for four parking spots in its underground garage, 24/7 concierge and security guards, access to an outdoor swimming pool and gardens, onsite storage facilities, an in-house restaurant and conference rooms.

Rihanna also owns two side-by-side mansions in the mountains above Beverly Hills, though both are reportedly leased out to tenants. She paid $14 million for one of the homes in 2021.

Rihanna also owns a vacation home in Barbados and a condo along the Wilshire Corridor in L.A. In 2018, a stalker broke into Rihanna’s Hollywood Hills home, which she later listed as a rental. She was one of several victims of a burglary ring active years ago.

According to Forbes, the “We Found Love” hitmaker is now the world’s richest female musician, with a net worth of $1.4 billion.

— Dana Bartholomew

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