Hotel Mogul Robert Rivani Sells Castle-Inspired Beverly Hills Mansion For $19.9M
9 Beverly Ridge Ter, Beverly Hills, CA 90210
$19,995,000
$1,315/SF
Building Size
15,200 SF
Asset Type
Single Family
Closing
Jun 23, 2023
AI
A castle-inspired mansion in Beverly Hills has been sold by hotel mogul Robert Rivani for $19,995,000. The 15,200-square-foot property, located at 9 Beverly Ridge Terrace, underwent $4 million in renovations and features Game of Thrones and Harry Potter elements. The single-family home sits on 1.7 acres and is situated in the prestigious Beverly Hills market.
Summary of transation details
- Property Type: Single Family
- Transaction Amount: $19,995,000
- Address: 9 Beverly Ridge Terrace
- Market: Beverly Hills
- Asset Type: Single Family
- Acres: 1.7
The sale of this impressive mansion was facilitated by Josh Altman and Sam Collins from Douglas Elliman, who represented the seller Krystal Rivani and Robert Rivani from Black Lion Investment Group. Prior to the sale, the property was listed for nearly $22 million, but ultimately sold for $19,995,000.
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Los Angeles 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
0.79%
Cash-on-Cash
-0.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93