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2163 Balsam Ave Sells Almost 25% Over The Asking Price

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What Did That Westwood Home Sell For?

The Westwood home at 2163 Balsam Ave, LA CA 90025 lasted about 8 days on the market before accepting an offer on 5/17/13. I can't confirm this, however, I heard from a few people there were as many as 30+ offers on this home. This might explain the almost ~25% over asking sales price. Not unheard of for a Westwood property, but nonetheless, that is still a crazy amount of attention for an otherwise ordinary home. The home sat on a cul-de-sac, had 3 bedrooms, 1,700+ sf and wasn't a teardown with an asking price of under $1m. A no brainer for multiple offers in this climate in this location.
On 6/18/13, 2163 Balsam Ave closed about 24% over the asking price at  $1,228,000 |$709 $/sf|. According to the MLS, the home is a 3 bedroom / 1.75 bath, 1,732 sf of living space on a 6,760 sf lot.