2820 S La Brea Ave, Los Angeles, CA 90016
3 beds · 2 baths · 946 sqft
Like no other - Welcome to 2820 La Brea Ave: You won't find a better condo living alternative than this turnkey California Bungalow with 3 bedrooms and 2 full size bathrooms including a 1 car attached garage with a motorized garage door making your entry and exit a breeze. Situated in one of the most exciting shifting LA Neighborhood HUB of West Adams, bordering the coming soon tech giant, Apple TV Campus, West Adams has a lot to offer for anyone looking to settle roots in this vibrant neighborhood. Move right in and enjoy the cool breezes and serenity from the exterior courtyard patio conveniently accessible from the rear exit door, this area is perfect for an outdoor living space project with plenty of usable space to design your own outdoor oasis around the most beautiful 40 foot avocado tree. You'll love the low-maintenance lifestyle this home offers! Simple yet elegant..modern yet homey..private yet central..spacious yet snug as a bug, the flexible floor plan is perfect for growing families and or multi-generational Buyers looking to stay together can benefit from the bonus space that offers a private entrance and kitchenette-this is an exceptional value—ideal for guests, a home office, or as an income-generating rental. The vibrant surrounding area includes the famous Johnny’s Pastrami, Band of Vices (art gallery), Peace Awareness Gardens, Mel's Fish House, Cento Pasta Bar, Mizlala which has been a neighborhood favorite with chef Danny Elmaleh and a variety of other dining hotspots, with Whole Foods just minutes away for your everyday convenience. Centrally located near major Los Angeles landmarks, this home offers easy access to Culver City, Downtown LA, the Metro Line, and the Santa Monica Freeway. Whether you're heading to work or exploring the city’s best attractions, you’ll love the convenience of this prime location. Book your private tour today.
Source: CRMLS #MB25066849
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: CRMLS #MB25066849
To qualify, you must meet the current FHA or VA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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 of Equal Opportunity Act.