Pop Star Makes Major Investment: Rihanna Buys Century City Penthouse

Longtime resident of Los Angeles’ prestigious Century building, Rihanna, has reportedly added another luxurious unit to her portfolio. Details surrounding the exact price haven’t been confirmed, but reports indicate she’s secured a sky-high penthouse in the same complex.

This move comes after Rihanna established The Century as her primary residence in 2014, solidifying her place in the heart of this exclusive Los Angeles neighborhood.

The arrival of a new baby and future plans for a second child, along with her work commitments and staff, have reportedly prompted Rihanna to seek a larger residence.

To address her need for more space, Rihanna reportedly invested $21 million in a sprawling penthouse at The Century.

The spread is fit for any A-lister with more than 9,000 square feet of living space, several custom features, and breathtaking views.

The apartment was sold by billionaire co-founder of the technology business Afterpay Nick Molnar, who had originally asked for $28 mιllιon.

However, Rihanna negotiated a significant reduction and probably used L.A.’s mansion tax as leverage because the рurchase was finalized on March 31, only one day before the new tax went into effect. Molnar would have owing an extra $1.1 mιllιon in taxes if the рurchase had been completed in April.

Visitors are astounded by the curving wall of floor to ceiling windows in the living room, which boasts views of the city skyline, as soon as they step off the private elevator landing into the condo’s entrance gallery. The dining area has dark brown hardwood floors that flow into the all-white kitchen, which has marble countertops, two islands, and high-end appliances.

A soundproof movie theater with velour couches is also on the property, along with a master suite with a curved bedroom, two custom closets, two bathrooms, and a separate lounge. The condo’s four distinct outdoor terraces, which face north, south, east, and west and offer panoramic views of the Pacific Ocean, Catalina Island, Downtown Los Angeles skyscrapers, the San Gabriel mountains, and even snow-capped Mount Baldy, are probably its most impressive features.

The monthly HOA fee for Rihanna’s penthouse is a hefty $8,814, but in exchange, she gets access to all of the building’s best amenities, including four deeded parking spaces in the garage, a 24-hour concierge, security guards, access to an outdoor pool and lush gardens, on-site storage, an on-site restaurant, conference rooms, and much more.