The two sons of the former Armenian finance minister, Gagik Khachatryan, have sold their home in a prestigious district of Los Angeles for $18.8 million, Los Angeles Business Journal reports.

According to the documents, the 6,055-square-foot property located in Holmby Hills was owned by Gurgen and Artyom Khachatryan. The brothers bought the house for $11 million in 2010.

The six-bedroom, five-bathroom estate, which also includes a pool and tennis court, first hit the market in June 2016 for $35 million.

It is also noted that the house is not far from the famous Playboy Mansion.