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2568 N Beachwood Drive, Los Angeles, California 90068, Los Angeles, 90068 - bed, bath

2568 N Beachwood Drive, Los Angeles, California 90068 home-pic-0
ACTIVE$2,895,000
2568 N Beachwood Drive, Los Angeles, California 90068
0Bed
0Bath
7,502Sqft
7,502Lot
Year Built
1928
Close
-
List price
$2.9M
Original List price
$3M
Price/Sqft
$386
HOA
-
Days on market
-
Sold On
-
MLS number
OC25201494
Home ConditionGood
Features
Excellent View:
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $2.90M(82th), sqft - 7502(98th), beds - undefined(1th), baths - undefined(1th).

Prime Income Property on N. Beachwood Drive 2570/2568 N Beachwood Drive | Steps from the Hollywood Sign Rare chance to own on one of LA’s most coveted streets! This unique property features two buildings on the same parcel with a shared driveway and five one-car garages with storage. The front building, vintage four updated 1-bedroom, 1-bath units of approximately 1,000 sq. ft. each, complete with hardwood floors, in-unit washer/dryers, and private entrances. These units are in high demand with a history of NO VACANCIES often renting before they even hit the market. Behind it sits a spacious two-story, 2-bedroom, 1-bath home of about 2,200 sq. ft., featuring a basement with laundry, a side enclosed patio, a rear patio with hillside steps, and a private path leading to sweeping views of the iconic Hollywood Sign. Always fully occupied, this property has historic charm, strong rental demand, and Beachwood Canyon location. Tenant occupied and do not disturb tenants. Drive by only. Buyer to conduct their own due diligence and independently verify all information, including but not limited to square footage, lot size, zoning, permits, building condition, and property details. Information is deemed reliable but not guaranteed.

Nearby schools

6/10
Cheremoya Avenue Elementary School
Public,•K-6•0.8mi
4/10
Grant Elementary School
Public,•K-6•1.3mi
4/10
Selma Avenue Elementary School
Public,•K-6•1.4mi
8/10
Valley View Elementary School
Public,•K-6•1.4mi
7/10
Los Feliz STEMM Magnet
Public,•K-6•1.9mi
7/10
Gardner Street Elementary School
Public,•K-6•2.1mi
8/10
R. L. Stevenson Elementary School
Public,•K-5•3.0mi
7/10
Rio Vista Elementary School
Public,•K-5•3.4mi
3/10
Joseph Le Conte Middle School
Public,•6-8•1.6mi
3/10
Hubert Howe Bancroft Middle School
Public,•6-8•2.2mi
6/10
Thomas Starr King Middle School
Public,•6-8•2.7mi
5/10
David Starr Jordan Middle School
Public,•6-8•3.4mi
6/10
Walter Reed Middle School
Public,•6-8•4.4mi
6/10
Hollywood Senior High School
Public,•9-12•1.6mi
8/10
John Marshall Senior High School
Public,•9-12•2.6mi
7/10
Fairfax Senior High School
Public,•9-12•3.2mi
7/10
Burroughs High School
Public,•9-12•3.7mi
6/10
Burbank Unified Independent Learning Academy (Buila)
Public,•7-12•4.5mi
8/10
North Hollywood Senior High School
Public,•9-12•5.1mi

Price History

Date
Event
Price
09/20/25
Price Change
$2,895,000-3.3%
09/08/25
Listing
$2,995,000
10/25/04
Sold
$1,230,000
Condition Rating
Good
Despite being built in 1928, the property features significantly updated interiors, particularly in the kitchen and bathroom, which appear to have undergone extensive renovations within the last 5-15 years. The kitchen boasts modern stainless steel appliances and shaker-style cabinetry, while the bathroom showcases high-end finishes including a double vanity with marble, subway tile, and a clawfoot tub with brass fixtures. Hardwood or modern laminate flooring is present throughout the living areas and bedrooms. The description notes 'updated 1-bedroom, 1-bath units' and 'in-unit washer/dryers,' indicating modern amenities. While the property retains its historic charm and the exterior shows its age, the visible interior spaces are move-in ready with no immediate renovations required, aligning with a 'Good' condition score.
Pros & Cons

Pros

Exceptional Rental Demand & Income Stability: The property boasts a 'history of NO VACANCIES' and units 'renting before they even hit the market,' indicating robust tenant demand and reliable income streams.
Prime & Iconic Location: Situated on 'one of LA’s most coveted streets' in Beachwood Canyon, 'steps from the Hollywood Sign,' offering a highly desirable and prestigious address.
Diversified Multi-Unit Configuration: Comprising two buildings with a total of five units (four 1-bed, one 2-bed), providing multiple income streams and mitigating vacancy risk.
Unique Features & Historic Appeal: The property offers 'historic charm,' 'sweeping views of the iconic Hollywood Sign,' and updated units with desirable features like hardwood floors and in-unit laundry.
Valuable Tenant Amenities: Includes five one-car garages with storage, in-unit washer/dryers, and private entrances, enhancing tenant convenience and property attractiveness.

Cons

Restricted Property Access for Inspection: The 'Tenant occupied and do not disturb tenants. Drive by only' directive severely limits a buyer's ability to conduct thorough physical inspections and due diligence on the property's condition.
Zoning/Property Type Discrepancy: The listing describes a multi-unit property (five units) but is categorized as 'Single Family Residence,' raising significant concerns about zoning compliance and potential legal implications for the existing unit configuration.
Potential for Deferred Maintenance & Capital Expenditures: As a 1928-built property, despite some updates, there's an inherent risk of aging infrastructure and systems that may require substantial future capital investment, especially given the limited inspection access.

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