This duplex with a bonus unit presents a rare opportunity. Located directly on the Silver Lake Reservoir, it offers breathtaking views and an exceptional setting, making it ideal for either an investor or an owner-user. The property consists of two 2-bedroom, 1-bath units and a non-conforming studio.The larger unit is located in the front and features a spacious living room with a fireplace. An expansive patio off the living room provides magnificent views of the lake. The front unit has been updated with new electrical wiring, a new kitchen, a new bathroom, new insulation, new paint, and a new dishwasher.The rear unit also enjoys views from both the living room and kitchen. Its kitchen, which includes a breakfast bar, opens to the living room. Bathrooms, doors, windows, and closets have been updated. The studio includes a full kitchen and bathroom that have also been updated. All units are filled with abundant natural light and feature wonderful original details, with either hardwood floors or Spanish tile. There is also a basement workshop with a bathroom. A charming shared back patio offers a pleasant space for afternoon tea or gardening. The vibrant neighborhood includes the reservoir jogging path, dog park, and meadow, along with great restaurants, boutiques, and gourmet coffee spots. The property is being derived vacant.