Cyrus Nikou Acquires $20M Encino Mansion In Record-Breaking Sale

A $20 million single-family property located at 3737 Valley Meadow Road in Encino was recently sold. The property sits on 1.26 acres of land and spans 19,284 square feet. The transaction was completed on 11/28/2023.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $20,000,000
• Address: 3737 Valley Meadow Road, Encino
• Market: Encino
• Acreage: 1.26

Cyrus Nikou, an investment mogul, purchased the property from Shawn Kohen of Kohen Development Group. The sale was facilitated by brokers Josh Picker, Joshua Altman, and Matthew Altman from Douglas Elliman.

This impressive Encino mansion offers a desirable list of amenities, including a pickleball court and putting green. With nine bedrooms, it's one of the largest properties in the area. This transaction ties as the highest sale in Encino.