NOT LISTED FOR SALE

327 Welcome St Los Angeles, CA 90026

Westlake Neighborhood

Estimated Value: $839,000 - $1,020,000

3 Beds
2 Baths
1,360 Sq Ft
$686/Sq Ft Est. Value

Sale Details

Date Sold: October 20, 2015

Last sale price $540,000 $397 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $6,073 / mo

7 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Living Room with Attached Deck
  • Fenced Yard
  • Wood Flooring
  • High Ceiling
  • 4-minute walk to Rockwood Community Park

About This Home

As of October 2015

NO SHOWINGS SEPT. 5-17. Echo Park cosmetic fixer duplex with gated parking for 3-4. Upside potential, or small-lot subdivision site...? 2-story Victorian duplex with parking, laundry, shed, and Boho charm. Cool and bright lower (approx. 600 sf) unit with a nice, private vibe can be delivered vacant. Rooftop view from upper unit with large deck. A vast backyard fully gated in 6' wood and chain has prolific fruit and nut trees. Laundry in each unit. All appliances included. Quiet pet and kid-friendly street; almost no traffic in diverse neighborhood of families and young professionals. Near transit lines and the 2, 101 and 110 freeways. Desirable units have almost never been vacant since 2004. Street-to-street lot deemed suitable for small lot subdivision; check with city. LARD 1.5 zoning and ample space for a third unit.

Last Agent to Sell the Property

Maggie Wineland

Corcoran Global Living License #01858119 Listed on: 08/24/2015

Corcoran Global Living

Last Buyer's Agent

Kimberly Choi

T.N.G. Real Estate Consultants License #01238997

T.N.G. Real Estate Consultants

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1904

Lot Details

  • 4,768 Sq Ft Lot
  • Lot Dimensions are 40x120
  • East Facing Home
  • Fenced Yard
  • Back and Front Yard

Home Design

  • Duplex

Interior Spaces

  • 1,360 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Decorative Fireplace
  • Living Room with Attached Deck

Kitchen

  • Oven or Range
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms
  • Low Flow Toliet
  • Bathtub with Shower
  • Low Flow Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window
  • Overhead Utilities
  • Cable TV Available
  • TV Antenna

Additional Features

  • Rain Gutters
  • City Lot

Community Details

  • 2 Units
  • Rent Control

Listing and Financial Details

  • Assessor Parcel Number 5159-019-016

Property Details

Home Type

Multi-Family

Year Built

Built in 1904

Lot Details

4,768 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • ADA Compliant: No
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: 327 Welcome St: Echo Park cosmetic fixer duplex. Upside potential, or small-lot subdivision site...? Walk to downtown L.A. or beautiful Echo Park where shops and eateries are a jog away from this 2-story Victorian duplex with parking, laundry, shed, and Boho charm. Cool and bright lower (approx. 600 sf) unit with a nice, private vibe can be delivered vacant. Rooftop view from upper unit with large deck (see Dodger Stadium fireworks in the distance) and a private enclosed garden in front of lower unit. A vast backyard fully gated in 6' wood and chain has prolific fruit trees. Laundry in each unit. All appliances included. Quiet pet and kid-friendly street; almost no traffic in diverse family and professional neighborhood near transit lines and the 2, 101 and 110 freeways. Desirable units have almost never been vacant since 2004. Street-to-street lot deemed suitable for small lot subdivision; check with city. LARD 1.5 zoning and ample space for a third unit.
  • Alley: Yes
  • Entry Location: Ground Level w/steps
  • Living Area: 1360
  • Lot Dimensions: 40x120
  • Price Per Unit: 248000.00
  • Probate: No
  • Stories: 2
  • Year Built: 1904
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: High Ceilings (9 Feet+), Living Room Deck Attached
  • Number Carpet: 0
  • Number Dishwasher: 0
  • Number Disposal: 1
  • Fireplace Rooms: Decorative
  • Flooring: Vinyl, Vinyl Tile, Wood
  • Appliances: Free Standing Gas
  • Bedrooms: 3
  • Bedroom Features: All Bedrooms Down
  • Bathroom Features: Low Flow Shower(s), Low Flow Toilet(s), Shower Over Tub, Tile
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Equipment: Antenna, Cable, Dryer, Garbage Disposal, Gas Dryer Hookup, Range/Oven, Refrigerator, Stackable W/D Hookup, Washer
  • Price Per S Q F T: 363.97

Exterior Features

  • Direction Faces: East
  • Construction: Combination
  • Tennis Court Y/N: No
  • Number Patio: 1
  • Paved: No
  • Pool: No
  • View: No

Garage/Parking

  • Other Spaces: 3
  • Garage Structures: 0
  • Number Rented Garages: 0
  • Parking Garage: Uncovered
  • Total Parking: 3

Utilities

  • Water District: LA DWP
  • Cooling: Window Unit(s)
  • Heating: Wall Gas
  • Number Electric Meters: 1
  • Number Gas Meters: 1
  • Number Water Meters: 0
  • Water Heaters: Yes

Lot Info

  • Additions Alterations: No
  • Assessed Improvement Value: 168173
  • Assessed Land Value: 289955
  • Assessor Parcel Number: 5159-019-016
  • Geocode Override: No
  • Lot Description: Alley Paved, Back Yard, Fenced Yard, Front Yard, Gutters, Street Lighting, Street Paved, Utilities - Overhead
  • Lot Location: Alley Access, City
  • Lot Size Area: 4768

Rental Info

  • Number Leased: 1
  • Total Actual Rent: 27600.00
  • Garage Rental Rate: 0
  • Land Lease Type: Fee
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 16.00
  • Number Of Units: 2
  • Number Wall A C: 0
  • Rent Control: 100
  • Type Of Units: duplex

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2015
Closed on
Sep 10, 2015
Sold by
Wineland Margaret A
Bought by
You Christopher H
Seller's Agent
Maggie Wineland
Corcoran Global Living
Buyer's Agent
Kimberly Choi
T.N.G. Real Estate Consultants
List Price
$495,000
Sold Price
$540,000
Premium/Discount to List
$45,000
9.09%
Current Estimated Value
$933,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$393,403
Avg. Annual Appreciation
5.38%
Original Mortgage
$494,500
Outstanding Balance
$383,280
Interest Rate
3.85%
Mortgage Type
FHA
Estimated Equity
$550,123

Purchase Details

Closed on
Apr 17, 2015
Sold by
Wineland Properties Llc
Bought by
Wineland Margaret Anne

Purchase Details

Closed on
Jan 7, 2011
Sold by
Wineland Margaret A
Bought by
Wineland Properties Llc

Purchase Details

Closed on
Apr 26, 2004
Sold by
Leiter Woodrow J
Bought by
Wineland Margaret A and Anderson Edith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 6, 2001
Sold by
Gonzalez Bernardo
Bought by
Letter Woodrow J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,697
Interest Rate
6.98%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 11, 2000
Sold by
Gonzalez Maria A
Bought by
Gonzalez Bernardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,375
Interest Rate
8.2%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jul 5, 2000
Sold by
First Union National Bank
Bought by
Gonzalez Bernardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,375
Interest Rate
8.2%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Feb 25, 2000
Sold by
Navarrete Jose
Bought by
Fremont Home Loan Owner Trust 1999-1

Purchase Details

Closed on
Jun 22, 1998
Sold by
Wong Nancy C
Bought by
Navarrete Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
7%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 10, 1997
Sold by
Wong Nancy C
Bought by
Wong Nancy C and Wong Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
You Christopher H $540,000 Fatcola
Wineland Margaret Anne -- None Available
Wineland Properties Llc -- None Available
Wineland Margaret A $395,000 Equity Title Company
Letter Woodrow J $149,000 Gateway Title Company
Gonzalez Bernardo -- First American Title Ins Co
Gonzalez Bernardo $108,000 First American Title Ins Co
Fremont Home Loan Owner Trust 1999-1 $106,132 American Title
Navarrete Jose $61,000 Fidelity Title
Wong Nancy C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open You Christopher H $494,500
Previous Owner Wineland Margaret A $316,000
Previous Owner Letter Woodrow J $146,697
Previous Owner Gonzalez Bernardo $64,375
Previous Owner Navarrete Jose $52,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2015 10/20/15 Sold $540,000 +9.1% $397 / Sq Ft
08/31/2015 08/31/15 Pending -- -- --
08/24/2015 08/24/15 For Sale $495,000 -- $364 / Sq Ft
Source: The MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,548 $1,045,000 $532,705 $512,295
2024 $12,548 $1,024,510 $522,260 $502,250
2023 $7,607 $614,422 $512,020 $102,402
2022 $7,257 $602,376 $501,981 $100,395
2021 $7,164 $590,566 $492,139 $98,427
2019 $6,951 $573,051 $477,543 $95,508
2018 $6,921 $561,816 $468,180 $93,636
2016 $6,617 $540,000 $450,000 $90,000
2015 $5,751 $467,281 $295,748 $171,533
2014 $5,781 $458,128 $289,955 $168,173
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Maggie Wineland

    Corcoran Global Living

    Section Image
  • Kimberly Choi

    Buyer's Agent in 2015

    Kimberly Choi

    T.N.G. Real Estate Consultants

    (714) 504-8289

    13 Total Sales

    Kimberly Choi
    Section Image
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Map

Source: The MLS

MLS Number: 15-932071

The MLS

APN: 5159-019-016

California Los Angeles County Los Angeles 90026 Westlake

327 Welcome St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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The MLS © 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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