The Palms Closing Record, In Full

Updated August 27, 2026

13 buildings · 337 units · $97.7M · 2015–2026

ClosedBuildingUnitsPricePer unit
2015-123649 Midvale Ave18$4,750,000$263,889
2016-102020 Preuss Rd20$6,025,000$301,250
2016-103200 Cheviot Vista Pl24$6,325,000$263,542
2016-121946-1954 South Bedford St32$9,500,000$296,875
2018-0110829 Palms Blvd17$7,200,000$423,529
2019-033327 Livonia Ave18$7,000,000$388,889
2019-083750 Jasmine Ave40$10,300,000$257,500
2020-033701 Westwood Blvd7$2,800,000$400,000
2020-083720 Midvale Ave7$2,300,000$328,571
2020-103701 Westwood Blvd7$2,700,000$385,714
2022-1210751 Rose Ave118$31,700,000$268,644
2024-0510915-10921 Rose Ave20$4,975,000$248,750
2026-043121 S Canfield Ave9$2,135,000$237,222

The most predictable submarket in this record

Palms has the narrowest per-door range of the ten submarkets covered — under two times from the cheapest door to the dearest, against Koreatown's seven and Reseda's six.

That is unusual and it is useful. In most of this record the median is a poor guide to any specific building. In Palms a per-door figure genuinely lands close, and the reason is composition: a two-square-mile neighborhood of largely similar postwar walk-ups, bought by largely similar buyers, on largely similar terms.

The median is $296,875 per unit. Unusually, it means something.

The largest closing in the archive

10751 Rose Ave — 118 units, $31,700,000. That is the biggest single apartment building transaction in this entire record, across every submarket and every year, and it sits in a neighborhood of one and a half square miles.

It has its own page: 10751 Rose Ave.

What repeats in this list

Two buildings on Rose Avenue and two on Midvale Avenue — four of the thirteen closings on two streets.

3701 Westwood Blvd appears twice, seven months apart in 2020, at a slightly lower price the second time. That is an unusual pattern and it is published rather than omitted: the same building, sold twice in seven months.

The regulatory frame

Palms is inside the City of Los Angeles, so everything applies — the Rent Stabilization Ordinance on pre-October-1978 stock, Measure ULA above the threshold, the soft-story retrofit ordinance, LAHD registration.

That matters here because of what Palms is built from: the postwar stucco walk-up over open ground-floor parking, repeated block after block. It is the densest concentration of that building type in this record, and it is the exact population the retrofit ordinance targets.

Every figure is computed from the archive rather than typed — the methodology.

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