8213 Ethel Ave, North Hollywood, CA 91605
3 beds · 2 baths · 1,282 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Turnkey, Updated, and Priced to Sell, This North Hollywood Stunner Has It All! Tucked behind a private gate on a quiet cul-de-sac, this 3-bedroom, 2-bath home offers 1,282 sq ft of bright, turnkey living on a generous 7,074 sq ft lot, a rare find in one of the Valley’s most desirable neighborhoods. From the moment you arrive, the oversized driveway welcomes you with room for multiple cars, an RV, or even a food truck, plus plenty of space left over for entertaining, a play area, or your dream ADU. Inside, you’ll love the open-concept flow bathed in natural light, featuring luxury vinyl plank floors, recessed lighting, and fresh designer paint that gives the entire space a modern, uplifting feel. The heart of the home is the stunning, chef-inspired kitchen, fully equipped with quartz counters and backsplash, stainless steel appliances, a spice rack, and a pantry built for both function and flair. The primary suite is your personal sanctuary, complete with a spacious walk-in closet and a sleek, fully renovated en-suite bathroom. No detail has been overlooked! Enjoy smart upgrades throughout, including energy-efficient windows, new mirrored and interior doors, updated bathrooms with designer tile, newer central A/C, a brand-new roof, and a modern garage door with an electric opener. The backyard is a blank slate ready for your imagination, BBQs, a future pool, a garden retreat, or ADU expansion, you name it. With a private concrete patio, full fencing, and plenty of room to customize, it’s ready to enjoy from day one. All of this located just minutes from the 170 and 5 freeways, and within walking distance to bus stop, house of worships, and more. Don’t miss this rare opportunity, come see what makes this North Hollywood stunner truly stand out!
Source: CRMLS #SR25087169
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 #SR25087169
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 and Equal Opportunity Act.