2528 Dearborn Drive, Los Angeles, California 90068, Los Angeles, 90068 - 4 bed, 4 bath

2528 Dearborn Drive, Los Angeles, California 90068 home-pic-0
ACTIVE$1,999,999
2528 Dearborn Drive, Los Angeles, California 90068
4Beds
4Baths
2,800Sqft
5,526Lot
Year Built
1967
Close
-
List price
$2M
Original List price
$2.3M
Price/Sqft
$714
HOA
-
Days on market
-
Sold On
-
MLS number
25570261
Home ConditionGood
Features
Excellent View: City Lights, Hills
Deck
Pool
ViewCity Lights,Hills

About this home

We found 3 Cons,5 Pros. Rank: price - $2.00M(59th), sqft - 2800(64th), beds - 4(59th), baths - 4(65th).

Unlock the opportunity to own a rare, revenue-generating residence in the enchanting hills of Beachwood Canyon. If your a creative buyer seeking to create a steady income stream with an Airbnb-Ready licensed Investment this hidden gem spans nearly 3,000 square feet on a spacious lot. This unique asian inspired residence welcomes you with its tall bamboo trees, a charming bridge, and lush landscaping that set the tone for an immersive experience. Inside, the living room offers a dramatic views of the Hollywood Hills, Griffith Observatory, Downtown LA, and the Hollywood Sign. The main level has an open concept kitchen, dining area, a playful pink junior suite with ensuite bath and a second updated modern concrete bathroom. On the second level are two guest-ready bedrooms with hillside views, two bathrooms, a wrap-around deck, a secondary prep kitchen, a cozy den, and flexible third bedroom with kitchenette. Lower Level has two separate entrances. The home's layout is perfectly configured for hosting gatherings or generating income with 4 separate guest suites as spaces have been configured for Air bnb. Guests are drawn to the property's unique feel, thanks to details like shoji-style wood patio doors, artisan-crafted panoramic metal doors, radiant timber and polished concrete floors, koi ponds, and multiple decks for outdoor lounging. An endless pool (in need of updating pool and deck) sits on its own separate level, commanding iconic views of the Hollywood Sign a one-of-a-kind amenity for future guests. This home has a proven track record, generating over $100K annually on Airbnb and rental platforms. Historic rental rates ranged from $3,000-$4,800 per month per unit, with annual income regularly reaching six figures. Additional features include attached two-car garage, gated driveway, ample guest parking, three tankless water heaters, and security system throughout. Perfect for investors or owner-operators, this property offers the versatility to serve as both a creative retreat and a revenue-generating Airbnb. With its distinctive Wabi Sabi inspired aesthetic and income history, it's more than a home it's a ready-made hospitality experience in the heart of Hollywood Hills.

Nearby schools

6/10
Cheremoya Avenue Elementary School
Public,K-60.6mi
4/10
Grant Elementary School
Public,K-61.1mi
4/10
Selma Avenue Elementary School
Public,K-61.2mi
8/10
Valley View Elementary School
Public,K-61.4mi
7/10
Los Feliz STEMM Magnet
Public,K-61.9mi
7/10
Gardner Street Elementary School
Public,K-62.0mi
8/10
R. L. Stevenson Elementary School
Public,K-53.2mi
7/10
Rio Vista Elementary School
Public,K-53.4mi
3/10
Joseph Le Conte Middle School
Public,6-81.4mi
3/10
Hubert Howe Bancroft Middle School
Public,6-82.0mi
6/10
Thomas Starr King Middle School
Public,6-82.7mi
5/10
David Starr Jordan Middle School
Public,6-83.6mi
6/10
Walter Reed Middle School
Public,6-84.5mi
6/10
Hollywood Senior High School
Public,9-121.4mi
8/10
John Marshall Senior High School
Public,9-122.6mi
7/10
Fairfax Senior High School
Public,9-123.0mi
7/10
Burroughs High School
Public,9-123.9mi
6/10
Burbank Unified Independent Learning Academy (Buila)
Public,7-124.7mi
8/10
North Hollywood Senior High School
Public,9-125.2mi

Price History

Date
Event
Price
09/06/25
Price Change
$1,999,999-13.0%
08/08/25
Listing
$2,300,000
07/30/02
Sold
$629,090
05/31/00
Sold
$520,000
02/23/99
Sold
$389,000
Condition Rating
Good

Built in 1967, this property has undergone significant and unique renovations, making it largely move-in ready. The description highlights 'updated modern concrete bathroom,' 'radiant timber and polished concrete floors,' and 'three tankless water heaters,' indicating substantial recent upgrades to major systems and finishes. The kitchens and bathrooms, while highly stylized with an 'asian inspired' and 'Wabi Sabi' aesthetic, appear well-maintained and functional with modern elements like stainless steel appliances and custom fixtures (e.g., stone sink, open-air shower). The overall interior condition reflects a high-quality, deliberate design choice rather than outdatedness. The only notable detractor is the 'endless pool (in need of updating pool and deck),' which suggests a specific exterior renovation is required, but the core living spaces meet the 'Good' criteria of being well-maintained with minimal wear and tear and functional systems.
Pros & Cons

Pros

Proven Income-Generating Asset: The property has a strong track record, generating over $100K annually on Airbnb and rental platforms, with historic rental rates regularly reaching six figures, making it an attractive investment.
Iconic Hollywood Hills Views: Offers dramatic and iconic views of the Hollywood Hills, Griffith Observatory, Downtown LA, and the Hollywood Sign, a highly desirable and value-adding feature in this location.
Unique & Distinctive Design: Features a unique 'asian inspired' and 'Wabi Sabi inspired aesthetic,' including shoji-style wood patio doors, koi ponds, and lush landscaping, providing a memorable and differentiated experience.
Flexible Multi-Unit Configuration: Configured with 4 separate guest suites, multiple kitchens, and bathrooms, ideal for continued short-term rental operations, multi-generational living, or diverse income streams.
Ample Parking & Modern Utilities: Includes an attached two-car garage, gated driveway, ample guest parking, three tankless water heaters, and a security system, enhancing convenience and operational efficiency.

Cons

Pool and Deck Require Updating: The 'endless pool (in need of updating pool and deck)' indicates a significant immediate capital expenditure for renovation and modernization.
Specialized Maintenance for Unique Features: Features such as koi ponds, tall bamboo trees, and lush landscaping may require specific and ongoing maintenance, potentially increasing ownership costs and effort.
Niche Aesthetic Appeal: While unique, the 'asian inspired' and 'Wabi Sabi inspired aesthetic' might appeal to a specific buyer demographic, potentially narrowing the market compared to more universally appealing designs.

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