Incredible value with a hot new price! A vibrant setting in prime Silver Lake provides the perfect opportunity for an artistic compound, an idyllic live/work setup, a primary residence with a sweet guest house, or a rental property for savvy investors. This incredibly charming, character filled hideaway sits in walkable Silver Lake, just around the corner from the neighborhood Target. Two legal addresses on one lot, flowing seamlessly with a 1920's original California Bungalow in the front, plus a brand new 2 bedroom Contemporary Bungalow in the back. Both adorned with timeless details, stylish finishes and classic highlights including vaulted ceilings, beautiful hardwood floors, an original brick fireplace, clerestory windows, two galley styled kitchens and ample storage space throughout. Lovely outdoor spaces lined with whimsical landscaping and a storybook LA jacaranda tree- all tucked away behind a privacy gate. With multiple living options for a variety of LA lifestyles in a convenient location a quick walk from neighborhood parks, the shops on Sunset, and the beautiful Silver Lake Reservoir, this London Street cozy compound provides endless options to create your Silver Lake dream.