Updated Dec 4, 2024
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
About this deal
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