A rare opportunity in prime Silver Lake, historic charm, hillside views, and flexible living all on an approximately. 10,000 sqft lot, directly across from the highly desirable Ivanhoe Elementary School (buyer to verify eligibility).This 1926 Spanish Revival-Traditional main residence offers 3 bedrooms and 2 baths, with timeless architectural details including a barrel-vaulted ceiling with exposed beams, a wood-burning fireplace, and original hardwood flooring. The upstairs primary suite opens to a private balcony with sweeping views of the Griffith Observatory and the Los Feliz/Hollywood Hills. A spacious entertainer's deck off the main level enhances indoor-outdoor living.Set beyond a manicured lawn, a detached 1940 duplex features two 1-bed/1-bath units, each with oversized bedrooms, in-unit laundry, and hardwood floors. **Ideal for multi-generational living, guests, rental income, or creative use.**Rear alley access leads to two detached 2-car garages (4 total spaces), offering ADU or studio potential (buyer to verify).**Located in one of Silver Lake's most walkable pockets, directly across from Ivanhoe Elementary and just up the street from Edendale Restaurant, with beloved cafes and boutique shops lining Rowena Avenue. Minutes to the Silver Lake Reservoir, Sunset Junction, Trader Joe's, Gelson's, Dodger Stadium, and easy access to the 101 and 5 freeways.**Seller offering a credit toward a temporary interest rate buydown, ask your lender for details. (subject to lender approval).**