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9 Beverly Ridge Ter, Beverl...

Hotel Mogul Robert Rivani Sells Castle-Inspired Beverly Hills Mansion For $19.9M
SOLDSingle Family

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.

Players

Joshua Altman

Douglas Elliman

Broker

$577M

vol

42 deals

Broker
Robert Rivani

Robert Rivani

Black Lion

Seller

$512M

vol

53 deals

Seller
Black Lion
Black LionSeller

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