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613 North Canon Drive

Mansour Barzani Sells 613 North Canon Drive Beverly Hills Mansion For $24.6M
SOLDSingle Family

Mansour Barzani Sells 613 North Canon Drive Beverly Hills Mansion For $24.6M

613 North Canon Drive

$24,600,000

Building Size

Asset Type

Single Family

Closing

Oct 25, 2023

AI

A neoclassical mansion located at 613 North Canon Drive in Beverly Hills has been sold for $24.6 million. Spanning over 21,000 square feet, the extravagant property sits on a deep 0.72-acre lot in a prime Beverly Hills location. The mansion is associated with the Barzani family and offers neoclassical opulence and advanced amenities.

Summary of transation details

  • Property Type: Single Family
  • Transaction Amount: $24,600,000
  • Address: 613 North Canon Drive
  • Market: Beverly Hills
  • Acres: 0.72

The sale of the mansion was finalized on October 25, 2023. The buyers were a family from Mainland China. The transaction marks a significant acquisition in the Beverly Hills real estate market, showcasing the ongoing interest and investment from international buyers in prestigious properties.

Players

Beverly Hills Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.64%

Cash-on-Cash

-0.18%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93