Prime location in the heart of Silver Lake, this hillside home is situated on a quiet street just up from the Ivanhoe Reservoir. Set back from the street by a terraced front yard, this 2 bedroom 1 bath house with ADU/guest suite/office option offers views of the Griffith Park Observatory and the Hollywood sign. With multiple access points to the 2 outdoor patios and a large grass backyard, and an abundance of natural light, one has the opportunity for easy indoor/outdoor living and entertaining. The interior boasts a gracious living room with fireplace and endless cityscape and mountain views with access to an inviting side patio. An abundance of natural light flows into the dining room and opens to the bright kitchen and laundry room. Two spacious bedrooms and one full bathroom complete the main level. The lower level with separate access has a versatile floor plan guest suite with 3/4 bathroom and kitchenette space. The rear yard features a large grassy expanse with privacy hedge and unbelievable views of the reservoir! A 2 car off street garage and ample street parking completes this incredible property. This home is located in Ivanhoe School district.