REDUCED! Located in the heart of Hollywood, this storied charming triplex consists of a renovated front structure with two side-by-side 2 bedrooms and 1.5 bathrooms units (but each is currently being used as a 3-bedroom because each unit has access from the front and the back), plus a separate 2 bedrooms, 1 bathroom guest house in the back. The front structure was upgraded recently with a new roof, new copper piping, new windows, laminate floors, newly remodeled kitchens and bathrooms as well as foundation retrofitting. There are 5 unassigned parking spaces in two driveways. The oversized backyard has a separate outdoor dining area and a Pergola surrounded by lush landscaping. Property is fully gated and secured. Currently both structures are 100% occupied but can also be delivered without tenants at the close of escrow. The property has a lot of flexibility, either for an owner user or as an investment. This is a highly desirable area with a lot of new developments happening in the immediate vicinity, including a luxury condo project next door, and within walking distance to many trendy shops and restaurants.