Glamorous tri-level Hollywood Hills Townhome, also permitted as a short-term rental. If you're looking for an income generating property you can live in and rent part time, this boutique retreat is the perfect fit! With easy access to all the best LA has to offer, this expansive and airy unit features French doors w/ private balconies on each level that welcome views of the Hollywood Hills. The open floor plan, with high ceilings, seamlessly moves from the well-appointed living room, with fireplace and formal dining room and then to the kitchen. Custom painted Venetian powder bathroom and fireplace, two balconies and a roof top deck. Glass doors in bathrooms, recessed lighting, this luxurious home needs nothing but a new owner or investor to enjoy it and all the amenities surrounding it. Beautiful travertine shower walls and floors in all three en suite bathrooms. Current owner did not skimp on upgrades. All stainless-steel appliances included. Lots of room for entertaining or sunning oneself on the private rooftop deck. Laundry is a breeze and conveniently located near the bedrooms. With 2 parking spaces, storage, and an elevator, this luxury building built in 1994, has EQ insurance & accepts pets. This Luxury property in the Hollywood Hills achieved a 5% cap rate last year (amid COVID19), is projected at a 6% cap rate for 2022, and is being offered as an active and fully property managed short term rental opportunity. This Incredible home is a prime investment opportunity with a proforma of over $125,000 per year income and is currently being used as a permitted short-term rental through itrips Hollywood (AirBnB / VRBO) Owner-occupied home buyers welcomed as well. Boutique townhome building has 9 units only.1-3 miles from Universal Studios, Warner Bros Studios, Lake Hollywood Park, Runyon Canyon, and the famous Hollywood sign.