14882 Miller Ave, Gardena, CA 90249
2 beds · 1 baths · 837 sqft
Get a free consultation call with an expert in the mortgage assumption process.
FIRST SHOWING to be at the public open house Saturday, March 29th 1-4pm. Charming Home with Endless Possibilities in the Heart of Gardena – Just Minutes to the Beach! Nestled in the sought-after McCarthy neighborhood of Gardena, this delightful 2-bedroom, 1-bathroom home offers a fantastic opportunity to create your dream living space. With 837 sqft of interior space and a generous 5,000 sqft lot, the potential for renovation or expansion is limitless, including adding an ADU for extra income or living space. Whether you're an investor, flipper, or a homeowner eager to make your mark, this home is ready for transformation. The property is zoned GAR1 and is a trust sale, being sold as-is, with no credits or repairs, making it an ideal canvas to update, flip, or expand. Just 15 minutes from the pristine shores of Manhattan Beach, this home combines the best of suburban living with easy access to one of the most coveted coastlines in Southern California. Gardena has blossomed into a true foodie haven, with an exciting array of local restaurants and eateries that make this area one of the best places to dine in the South Bay. This is your chance to invest in a thriving neighborhood close to the beach and the foodie scene that Gardena offers. Don’t miss this incredible opportunity to bring your vision to life!
Source: CRMLS #SB25064281
Source: CRMLS #SB25064281
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Save search” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 620, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.