Artists' vinyl from 2007/2008 by the LA-based artist Gary Baseman, and limited to 500 pieces.
Bought from the legendary art gallery Royal T Cafe in Culver City which closed in 2012.
NEVER taken out of the box. Some dust on the box but otherwise in excellent condition.
These pictures are photos of this actual item. 

The figure is approximately 7" tall in a box that is about 11" at its highest and 5" deep.

Gary Baseman had a signature exhibition at the Skirball Cultural Center in 2013. He has been featured on the cover of New York Times magazine and exhibited around the globe, has won an Emmy and BAFTA for creating the show "Teacher's Pet," and his creatures, Hot Cha Cha Cha, Toby, Blacky, etc. have significant followings. Sadly parting with this piece and many others now that we're moving office spaces.

From the Baseman site: HotChaChaCha is a devil with three legs that deflowers angels by stealing their haloes. He is the main character in Baseman’s otherworldly landscape of the Garden of Unearthly Delights, a land of playful sin and debauchery, inspired by the art of 15th-and 16th-century artist Hieronymus Bosch. Once the tiniest devil, HotChaChaCha overcompensates with great charm and is able to encourage angels to surrender their haloes.