Check Availability

157 South Canon Drive

157 South Canon Drive, Beverly Hills, CA 90212
Property in Beverly Hills
Sold May 06, 2016
$3,925,000
$1,500,000 by Grandpoint Bank
Mortgage
Sold Feb 26, 1999
$875,000
$500,000 by World Svgs Bank
Mortgage
157 South Canon Drive has been categorized by the local assessors in Beverly Hills, CA as a residential type of property. The building on the property was first built in 1938 and is 86 years old. The home has a total of 6 bedrooms. Residents will have access to 6 full bathrooms. There are 6 partial bathrooms in the home. The building has a total of 2 stories. In addition, 157 South Canon Drive has 5,421 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,210 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 6,076 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 912 sqft. The building has a flat style roof made of tar and gravel. The exterior walls of the building are made of stucco. In terms of heating, it is utilizing a gravity heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 157 South Canon Drive was last sold in Apr 22, 2016 for $3,925,000. According to our calculations, that's $724.04 per sqft. Prior to that sales transaction, the property was sold for $875,000 in Jan 27, 1999. Current property owners are expected to pay $52,982 in taxes per year. The property on 157 South Canon Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $4,465,975. To break that down further, the land itself was valued at $2,878,478. While improvements to the property were assessed at a total of $1,587,497. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • Building Count: 1
  • Bedroom Count: 6
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Flat
  • Roof Cover Type: Tar and gravel
  • Floor Count: 2
  • Living Units: 6
  • Basement Type: Unspecified basement
  • Basement Area: 208
  • Garage Type: Garage
  • Garage Square Area: 912
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,076
  • Lot Size Depth Feet: 1,210
  • Lot Size Frontage Feet: 500
  • Total Building Area: 5,421
  • Gross Building Area: 5,421
  • Building Area: 5,421
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Gravity
  • Heated Square Feet: 5,421
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 6380
  • Land Acres: 0.14
  • Standard Land Use Code: Apartments (generic)
  • County Land Use Code: Personal property general
  • Legal Description 1: TRACT # 6380 EX OF ALLEY LOT/SEC1857

Ownership

  • Current Owner : GREEN LIVING TRUST
  • Previous Owner : 157 S CANON LLC
  • Owner Before Previous Owner: FAMILY TRUST STARK, GERALD D AND LORRAINE TRS
  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Beverly Hills Unified School District
  • Census Tract: 700902

Zoning

  • Zoning: BHR4*

Geography

  • Assessors Map Reference: 42-C1
  • Subdivision Tract Number: 6380
  • Parcel: 4331-001-012
  • Lot: 1857
  • Municipality: WEST /BEVERLY HILLS
  • Latitude: 34.0651
  • Longitude: -118.397

    Address

  • Full Address: 157 S Canon Dr
  • Address - House Number: 157
  • Street Direction: S
  • Address - Street Name: Canon
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Beverly Hills
  • Carrier Code: C055
  • 4-Digit Zip Code: 3104
  • Zip Code: 90212

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $52,982
  • Tax Rate Code Area: 02-410

    Appraisal Valuation

  • Standard Deviation: 0.3284
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 34
  • Final Value: 4,108,748
  • High Value: 5,458,203
  • Low Value: 2,759,292

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,500,000
  • First Open Lien Mortgage Lender: GRANDPOINT BANK
  • First Open Lien Mortgage Recording Date: Jul 18, 2016
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $1,500,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,465,975
  • Assessed Land Value: $2,878,478
  • Assessed Improvements Value: $1,587,497

    Sales

  • Current Sale Contract Date: Apr 22, 2016
  • Current Sale Recording Date: May 06, 2016
  • Current Sale Transaction ID: 1533701749
  • Current Sale Price: $3,925,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 16-0518411
  • Previous Sale Recording Date: Feb 26, 1999
  • Previous Sale Contract Date: Jan 27, 1999
  • Previous Sale Amount: $875,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: WORLD SVGS BANK
  • Previous Mortgage Transaction Date: Feb 26, 1999
  • Previous Mortgage Loan Amount: $500,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Beverly Hills



Similar Buildings

Property at 157 South Canon Drive,

261 South Reeves Drive

  • 1 Unit for Sale
261 South Reeves Drive, Beverly Hills, CA 90212
Property at 157 South Canon Drive,

369 South Elm Drive

  • 1 Unit for Sale
369 South Elm Drive, Beverly Hills, CA 90212
Property at 157 South Canon Drive,

140 South Oakhurst Drive

  • 1 Unit for Sale
140 South Oakhurst Drive, Beverly Hills, CA 90212
Property at 157 South Canon Drive,

9601 Charleville Boulevard

  • 1 Unit for Sale
9601 Charleville Boulevard, Beverly Hills, CA 90212
Property at 157 South Canon Drive,

232 South Doheny Drive

  • 1 Unit for Sale
232 South Doheny Drive, Beverly Hills, CA 90211
Property at 157 South Canon Drive,

128 South Wetherly Drive

  • 1 Unit for Sale
128 South Wetherly Drive, Beverly Hills, CA 90211
Property at 157 South Canon Drive,

200 South Almont Drive

  • 1 Unit for Sale
200 South Almont Drive, Beverly Hills, CA 90211
Property at 157 South Canon Drive,

9000 Burton Way

  • 1 Unit for Sale
9000 Burton Way, Beverly Hills, CA 90211
Property at 157 South Canon Drive,

400 North Maple Drive

  • 1 Unit for Sale
400 North Maple Drive, Beverly Hills, CA 90210

Nearby Rentals

Unit for rent at 6220 W 5th St, Los Angeles, CA, 90048

$7,700 /mo

  • 3 Beds
  • 3 Baths
  • 1,930 ft²
6220 W 5th St, Los Angeles, CA, 90048 Listing by Michael Libow
Unit for rent at 8535 Colgate Ave, LOS ANGELES, CA, 90048

$3,740 /mo

  • 1 Bed
  • 1 Bath
  • 700 ft²
8535 Colgate Ave, LOS ANGELES, CA, 90048 Listing by Tony Diamond
Unit for rent at 967 Hammond St, West Hollywood, CA, 90069

$8,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,623 ft²
967 Hammond St, West Hollywood, CA, 90069 Listing by Jay Martinez
Unit for rent at 963 Larrabee St, West Hollywood, CA, 90069

$7,595 /mo

  • 2 Beds
  • 2.5 Baths
  • 1,427 ft²
963 Larrabee St, West Hollywood, CA, 90069 Listing by Victoria Velazquez
Unit for rent at 8107 W Romaine St, LOS ANGELES, CA, 90046

$8,995 /mo

  • 3 Beds
  • 3.5 Baths
  • 2,080 ft²
8107 W Romaine St, LOS ANGELES, CA, 90046 Listing by Michael Thomson
Unit for rent at 9233 Burton Way, Beverly Hills, CA, 90210

$10,000 /mo

  • 2 Beds
  • 2.5 Baths
  • 1,810 ft²
9233 Burton Way, Beverly Hills, CA, 90210 Listing by Massimo Cossu
Unit for rent at 913 Shenandoah St, LOS ANGELES, CA, 90035

$4,950 /mo

  • 2 Beds
  • 1 Bath
  • 2,910 ft²
913 Shenandoah St, LOS ANGELES, CA, 90035 Listing by Teresa L. Rabbanian

Frequently Asked Questions

What neighborhood is 157 South Canon Drive located in?
The 157 South Canon Drive is a located in the neighborhood of Beverly Hills in Beverly Hills, Beverly Hills.
What is the average sales price for listings in 157 South Canon Drive?
The average sales price for units in 157 South Canon Drive is $0 currently.

Quantcast