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737 Westholme Ave Raises Price Substantially

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In a surprising move, the Westwood Little Holmby home at 737 Westholme Ave LA CA 90024 received a price increase this week of 23.54% or $400,000, up to $2,099,000. Listed 104 days ago for $1,799,000, the property has received one $100k price reduction back in July and now this $400k increase. Any one have any ideas on why the price was increased?

According to the MLS, the home is 4 bedrooms/ 4 baths on a 7,623 sq ft lot.