2154 Beech Knoll Rd Laurel Canyon Opportunity -- Views, Income, & Potential. Perched high in Laurel Canyon with iconic, panoramic vistas, this one-of-a-kind property captures breathtaking views of the Hollywood Sign, Mt. Olympus, and even the snowcapped San Gabriels. A rare offering with four expansive levels, this is a compelling opportunity for visionary buyers, creatives, and developers seeking extraordinary views, flexibility, and upside potential. The top floor stuns with incredible high, pitched ceilings, a light-filled living area, and dramatic vistas. The level below features a second living area with a kitchenette and bedroom ideal for guests, extended family, or a private work-from-home environment. One of the home's most exceptional features is a fully converted studio currently operating as a top 1% Airbnb worldwide, complete with its own kitchen, living room, bedroom, bathroom, and separate private entrance, offering immediate income potential and remarkable flexibility. On the lowest level, you'll find yet another bedroom plus a versatile bonus room perfectly suited for an office, gym, creative studio, or additional living space. Throughout the home, numerous bonus areas present opportunities to expand, reconfigure, or reimagine the layout--unlocking even more square footage and long-term value. With its unique multi-level design and extraordinary view orientation, the property offers a rare opportunity for renovation, transformation, or vision-driven redevelopment. Located in the coveted Wonderland Elementary School District and tucked into one of Los Angeles' most storied and creative enclaves, this is a rare find blending lifestyle, income potential, and exceptional upside. A true opportunity to create, live, or invest while soaking in some of the most spectacular views Los Angeles has to offer.