Business & Finance
Shay Mitchell Profits $600K After Three Years on 1931 Los Angeles Home
Former Pretty Little Liars actress Shay Mitchell bought a 1931 Spanish‑style home in Los Angeles for $1.35 million in 2012. She renovated the 2,600‑square‑foot, two‑storey property, preserving classic Spanish Revival features such as arched doorways, wrought‑iron details, original tile work and exposed wooden ceiling beams, while updating the interior with custom finishes, modern light fittings, dark hardwood floors, a redesigned kitchen with custom cabinets, marble countertops and stainless‑steel appliances, and a renovated master bathroom. The home also has a swimming pool, spa, patio, built‑in fire pit, and a separate guest casita with its own bathroom.
Mitchell listed the house in mid‑April 2015 for $1.895 million. The property sold in May 2015 for $1.95 million, $55,000 above the asking price, giving Mitchell a gross profit of $600,000 before closing costs and renovation expenses. The sale was represented by Sotheby’s International Realty.
The quick turnaround reflected strong demand for renovated homes with traditional features in Los Angeles during the spring 2015 market. After selling the 1931 home, Mitchell purchased a larger estate in the Los Angeles area to use as her main residence.
Frequently asked questions
How much did Shay Mitchell profit from selling the 1931 Los Angeles home?
She earned a gross profit of $600,000 before closing costs and renovation expenses.
What was the sale price of the home relative to the asking price?
The home sold for $1.95 million, $55,000 above the asking price of $1.895 million.
Which realty firm represented the sale of the property?
Sotheby’s International Realty represented the sale.