12834 Landale St Studio City, CA 91604
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About this home
AVAILABLE FOR LEASE AS WELL! Unmatched Privacy in Prime Studio City! Tucked away north of the boulevard on one of Studio City's most coveted cul-de-sac streets, this rare and ultra-private estate offers an extraordinary opportunity to own a secluded, gated compound in one of the area's most desirable neighborhoods.This exceptional two-story residence has been meticulously updated to blend timeless sophistication with modern comfort. Surrounded by towering gates and fencing, the property offers unparalleled privacy and security perfect for those seeking a true retreat. With incredible potential for expansion, the home features 5 bedrooms, 3 bathrooms, a formal living room, a formal dining room, a cozy family room, and a spacious signature garage with custom flooring and cabinetry.As you arrive, a long cobblestone driveway and elegant tiled roof set the tone for the luxury within. Inside, you're welcomed by abundant natural light and gorgeous engineered bamboo hardwood floors that flow throughout the home. The expansive living room, with recessed lighting, creates a warm and inviting atmosphere ideal for relaxing or entertaining.Enjoy the peace of mind that comes with a brand-new Lennox HVAC system, custom window treatments, hardwired security cameras, Crime safe security windows and doors, and fresh interior paint offering both style and safety.The remodeled kitchen is a chef's dream, boasting sleek countertops, high-end stainless steel appliances including a 6-burner stove, dishwasher, and microwave, stunning cabinetry, and a built-in custom banquette perfect for casual or formal dining.The luxurious primary suite overlooks the Olympic-size Saltwater pool and features an elegant en-suite bathroom with dual vanities, a classic clawfoot tub, a steam waterfall shower, and 2 beautifully designed cherry wood walk-in closets.Step outside to a sprawling entertainer's backyard, complete with turf lawn, a sparkling fenced pool, and 80-foot-tall bamboo trees that provide added privacy and tranquility. The expansive front yard includes a driveway that accommodates up to four vehicles. This rare Studio City gem combines luxury, security, comfort, and unbeatable location. Don't miss your chance to own this extraordinary private estate.
Source: CLAW #25589495
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FAQs
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.
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 580, 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.
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.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.