Description
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.
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3BEDS
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0.26ACRES
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3BATHS
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11/2 BATHS
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1,930SQFT
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$621$/SQFT
School Information
Description
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.
Based on information from CRISNet MLS as of 2022-08-12T13:56:56.8. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.
Based on information from the i-Tech MLS as of 2022-08-12T13:56:56.8. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.