
Beverly Hills, California 90212
This 1929 Spanish Colonial represents a Strong Value Opportunity, listed at a List Price of $5,495,000—positioned well below the $5,752,146 Fair Market Value by 4%. This valuation gap provides $257,146 in Instant Equity. While the home maintains a Condition Rating of 4, the property offers significant upside through modernization of its vintage infrastructure. Featuring a large swimming pool, separate casita, and a prime Beverly Hills location, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a classic estate with substantial renovation potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 316 S Peck Drive Subject | $5,495,000* List Price | 5 | 6 | 3,595 | $1,600 | - |
A 238 S Mccarty Drive Sold | $5,997,000 | 4 | 5 | 3,747 | $1,600 | 0.2 mi |
B 213 S Rodeo Drive Sold | $4,935,000 | 4 | 3 | 3,233 | $1,526 | 0.2 mi |
C 360 S Crescent Drive Active | $5,095,000 List Price | 5 | 5 | 3,566 | $1,429 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the 1929 home is well-maintained, the interior finishes in the office and bathrooms appear to be from a renovation 20+ years ago. The presence of a window AC unit suggests dated HVAC systems, and the overall aesthetic requires modernization to meet current luxury standards.
Situated in the highly coveted 90212 zip code, this property offers an enviable address with close proximity to world-class amenities and a prestigious neighborhood profile.
The inclusion of a separate casita/guest house and a dedicated maid's room provides exceptional flexibility for multi-generational living, staff, or a private home office.
This 1929 Spanish Colonial features timeless design elements, a substantial lot, and a large swimming pool, offering a rare blend of historic charm and outdoor scale.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3595, other record living area = 3199. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Given the home's 1929 origin, buyers may need to budget for significant updates to mechanical systems and interior finishes to meet modern luxury expectations.
At a list price of $5.495M for approximately 3,595 square feet, the property sits at a premium price point that may be sensitive to market fluctuations for non-remodeled homes.
Set in a coveted Beverly Hills location, this classic 1929 Spanish Colonial offers timeless character, generous scale, and an exceptional sense of place on a substantial lot. Encompassing approximately 3,595 square feet, the residence reflects the warmth and architectural spirit of its era, pairing gracious proportions with an inviting, highly livable floor plan designed for both everyday living and entertaining. Beyond the beautifully hardscaped approach and crisp white Spanish facade, a traditional vestibule entry introduces the home's welcoming interiors. The formal living room provides an elegant gathering space, while the dining room and kitchen flow into the more relaxed family spaces beyond. A separate office offers a private setting for working from home, and the thoughtful separation of formal and informal rooms lends the residence a sense of ease and versatility. Upstairs, four bedrooms comprise the home's private accommodations. The expansive grounds are among the property's defining features. An exceptionally large swimming pool serves as the centerpiece of the outdoor setting, surrounded by extensive hardscaping with ample space for dining, entertaining, and relaxing beneath the Southern California sun. A separate casita/guest house further enhances the property, offering additional accommodations along with a maid's room and laundry. Lovingly maintained and held with a clear sense of pride of ownership, 316 S Peck Drive brings together the enduring appeal of classic Spanish architecture, substantial indoor and outdoor space, a versatile guest structure, and an enviable Beverly Hills setting. Rich in character and history, this is a distinctive residence with the warmth, scale, and presence of a true Beverly Hills classic.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.7 |
| Baths | 6.0 | 4.7 |
| Square foot | 3,595 | 3,496.845 |
| Lot Size | 7,652 | 13,721.569 |
| Price | $5.50M | $5.41M |
| Price per sq ft | $1.5K | $1.5K |
| Built year | 1929 | 1955 |
| HOA | $0 | $1.4K |
| Days on market | 9 | 68 |
Aug 31, 2026
$5,495,000
Initial Listing