Located in a very desirable and walkable neighborhood of Silver Lake and situated within the Ivanhoe Elementary School District is this rare gem ~ an incredible 1930s Spanish duplex. We start with the VACANT and ready to move in owner's unit which is a lovely 3BD/1BA unit that feels like a single-family home. This unit has the sole use of a separate studio situated in the sprawling flat backyard. This vacant unit is perfect for an owner to occupy while earning rental income from the tenant occupied unit. Enjoy an inviting front yard and a spacious backyard perfect for entertaining! The detached studio/office is the ideal space for a peaceful work-from-home setup. This unit is completed by a brick fireplace, hardwood floors, central HVAC, and views from the upstairs bedroom. It also includes off-street parking and a separate laundry room with ample storage.The 2nd unit presents with a private entrance, which is so separate from the owner's unit you'll hardly know it's there! This unit offers upgraded appliances and in-unit laundry.New roof and solar (owned) were added in 2020 to both units.The property is walking distance to so many of Silver Lake's hotspots including Forage (new location!), Edendale, Little Pine, Ivanhoe Restaurant, Blairs, Whole Foods and Trader Joes, just to name a few! Plus, it's walking distance to Ivanhoe Elementary and local preschools. This is an amazing opportunity to own a home in one of Silver Lake's most desirable neighborhoods.