317 S Canon Drive, Beverly Hills, California 90212, Beverly Hills, 90212 - 3 bed, 3 bath
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Beverly Hills, California 90212
This property presents a Strong Value Opportunity with a List Price of $2,988,000—positioned well below the $3,191,487 Fair Market Value by 6%. This valuation gap offers $203,487 in Instant Equity for buyers. Featuring a 6,073 sqft lot and a Condition Rating of 5, the home requires a comprehensive renovation to reach its full potential. Located in the Beverly Hills Unified School District, this is a prime Value-Add Investor asset ideal for Builders seeking to capitalize on this prestigious location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 317 S Canon Drive Subject | $2,988,000* List Price | 3 | 3 | 1,787 | $1,786 | - |
A 220 S Palm Drive Sold | $3,026,000 | 3 | 2 | 1,576 | $1,920 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Originally built in 1926, the property shows significant signs of age and deferred maintenance. Interior photos reveal damaged mirrored closet doors and heavily worn/stained hardwood flooring. The listing description explicitly targets builders and remodelers for 'massive upside,' confirming the home requires a comprehensive rehab rather than minor updates.
Situated on a prestigious tree-lined street in Beverly Hills, the property is steps away from the Golden Triangle, Rodeo Drive, and world-class dining and shopping.
With a 6,073 sqft lot, this property offers significant upside for builders, remodelers, or investors looking to create a custom luxury residence or generate high-end rental income.
Located within the highly acclaimed Beverly Hills Unified School District, providing access to some of the highest-rated public education facilities in the country.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Built in 1926, the home likely requires extensive modernization or a complete rebuild to meet contemporary luxury standards and buyer expectations.
The list price reflects land value more than the existing structure, resulting in a high price-per-square-foot that may limit the budget for necessary renovations.
You know what they say: Location, location, location... 317 S. Canon Drive, Beverly Hills. What an address! Here you are, on one of Beverly Hills' most beloved tree-lined streets. This neighborhood is world famous for good reason, and the quality of life is simply unmatched. Literal steps to South Beverly Drive, Rodeo, and all that the Golden Triangle has to offer. Mere minutes to your office in Century City, the eclectic energy of Pico-Robertson, and all the culture of the Miracle Mile. In every direction: top-rated schools, acclaimed parks, golf courses, houses of worship, and major studio lots. And of course you are secure in the full suite of Beverly Hills city services, public safety initiatives, and community programs that make this one of the most livable addresses in the world. A perfect fit for everyone: users looking for a forever home, builders seeking massive upside, remodelers looking for a quick turnaround, or investors looking for cashflow rental income... anybody! Start with the address, build the legacy. Come fall in love, 317 S. Canon is waiting for you.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 33% |
| Baths | 3.0 | 3.5 | 50% |
| Square foot | 1,787 | 3,057.5 | 17% |
| Lot Size | 6,073 | 7,328.5 | 8% |
| Price | $2.99M | $4.35M | 17% |
| Price per sq ft | $1.7K | $1.5K | 75% |
| Built year | 1926 | 1930 | 17% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 125 | 8% |
May 29, 2026
$2,988,000
Initial Listing
Feb 23, 2001
$750,000
Public Record