31 W Adams St, Long Beach, CA 90805
3 beds · 2 baths · 1,166 sqft
Tucked away on a peaceful street, 31 W Adams Street is a beautifully updated home that combines modern comfort with practical upgrades in every corner. From the moment you step inside, you’ll notice the natural light pouring in through tube skylights and the inviting feel of a home that’s been completely reimagined with care—from the new roof and insulation to the upgraded plumbing and electrical systems. The kitchen features quartz countertops, recessed lighting, and stainless appliances—including a premium fridge and an in-house drinking water filter—perfect for both everyday living and entertaining. A dedicated laundry room adds convenience, while the bathrooms have been remodeled with a fresh, contemporary look. Step outside and enjoy your own private retreat: a fully landscaped front and backyard with a covered outdoor living space, outdoor sink station, and lush greenery framed by a new privacy fence. The two-car garage includes its own skylights and an EV charging setup. Additional upgrades like a split AC/heating system, a water softener, CCTV/Ring camera system, and an automatic front security gate ensure comfort, efficiency, and peace of mind. Just minutes from the 91 and 710, this turnkey home offers easy access to the best of Long Beach while giving you the modern upgrades that make every day easier.
Source: CRMLS #OC25066600
All values shown are estimated costs / mo.
Source: Public records
Source: CRMLS #OC25066600
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.