Famous Bijan Mansion SOLD ... to Fan of Gaudy Real Estate

Bad news for lovers of mustard yellow paint ... Bijan Pakzad's famously gaudy Beverly Hills mansion is officially off the market ... TMZ has learned.

Bijan was famous for owning "the most expensive store in the world", located on Rodeo Drive (where else?) and his pad was just as pricey ... it hit the market last June for $12 million.

But our real estate sources tell us ... after 10 months on the market and 140 showings -- real estate guru David Kramer sold the digs to an affluent L.A. buyer for $9.8 million.

So what do you get for all that green? 6 bedrooms, 12 baths, a $200,000 chandelier made entirely of Bijan perfume bottles, landscaped pool oasis, guest house and a 22-car-garage.