The Same Building, Sold Twice in Seven Months

Updated August 27, 2026

3701 Westwood Blvd appears twice in this desk's Palms record. It closed in March 2020, and again in October 2020 — seven months later, at a slightly lower price.

Most brokerage sites would leave that out. It is on this one because a record you can only inspect where it flatters is not a record.

Why it is here

The whole argument this site makes is that the closing record is published in full and can be checked. The methodology page commits to that explicitly. A seven-month resale at a marginally lower number is exactly the sort of row that would quietly disappear from a curated version, and its presence is worth more than its absence.

What the dates say

March 2020 and October 2020. The intervening period requires no explanation to anyone who was transacting real estate that year.

I am not going to build a narrative on top of that beyond what the archive supports. It holds addresses, unit counts, prices and dates — not the circumstances of either sale, the parties, or their reasons. A short hold at a small loss can be a corrective sale, a partnership unwinding, an estate, a financing problem, or a buyer whose plans changed. I do not know which, and inventing one would be worse than saying so.

What it usefully demonstrates

That short holds happen, and they are not always profitable. In a record where most buildings appreciate across multi-year holds — 18317-18331 Kittridge in Reseda rose 33% across five years, 1310 N Gardner in Hollywood rose 56% across three — this one did not, over seven months.

That transaction timing is not a strategy. Two closings on the same building, months apart, at different numbers. Whatever separated them was not the building.

And that a per-door figure carries a date for a reason. Anyone quoting a 2020 Palms comparable has two to choose from on this single address.

What an owner should take from it

Be skeptical of any single comparable, including from this record. One transaction reflects one set of circumstances. Palms happens to be the most predictable submarket in this book — under two times from cheapest door to dearest — and even here, one building produced two different numbers in one year.

And ask what a broker leaves out. A record with no awkward rows in it has either been curated or is too short to be useful. This one has thirteen Palms closings in it, and this is one of them.

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