That's the asking price for a newly renovated luxury penthouse in the heart of Tinseltown, near the intersection of Hollywood Boulevard and La Brea.

The seller was Jason Oppenheim, the selling Sunset star of the Oppenheim Group, who recently completed a two-year penthouse renovation.

The property last changed hands in 2021 for $1.6 million.

Perhaps the home will be featured on Oppenheim's Netflix show. We'll have to wait for the upcoming season to find out.

In the meantime, we get a front row seat to this fabulous flat known as Penthouse East.

We can see any of the Oppenheim Group's fashion agents showcasing 360-degree views of the city - from the Hollywood sign to downtown LA to the ocean - from their private 2,885-square-foot deck.

These jet-set views also appear throughout the penthouse, including the open living and dining rooms, which are surrounded by floor-to-ceiling glass windows and sliding doors.

The luxury residence boasts 3,580 square feet of living space with three bedrooms, four bathrooms and an executive suite that can be used as an office.

Luxurious details include wide plank European oak floors, huge slabs of Calacattavagli marble, and limestone caves.

The chef's kitchen is equipped with Gaggenau appliances, bespoke European cabinetry and a marble island with a waterfall edge.

The spacious master suite has a sitting area, cosy fireplace, spa bathroom and walk-in wardrobe with LED lighting and privacy glass.

The penthouse also features two private theatres, one in the master bedroom and the other in the living room, with screens falling from the ceiling through a state-of-the-art projection and audio system.

The building offers 24/7 concierge services, valet parking, a swimming pool and sauna, plus a fitness centre, all for a monthly fee of $2580.

What could be better than a luxurious penthouse?

If all that luxury isn't enough, maybe you'd like to buy the other half of the floor. Penthouse West, with 3,820 square feet of internal living space and 1,685 square feet of external terrace, can also be purchased for $6,995,000.