Shay Mitchell sells renovated 1931 Los Angeles home for $1.95 million, three years after buying it

Former Pretty Little Liars actress Shay Mitchell made a quick profit on her vintage Los Angeles home, selling the property for more than its asking price just three years after buying it. Public property records cited by the Los Angeles Times show that Mitchell sold the Spanish-style home, built in 1931, for $1.95 million (£1.27 million at 2015 exchange rates). The final price was higher than the original asking price of $1.895 million, following strong interest from buyers soon after the property went on the market. Mitchell bought the house in 2012 for $1.35 million. During her three years of ownership, she made a gross profit of $600,000 before closing costs and renovation expenses. The gain reflected both rising local property values and the extensive work she carried out to update the home's interior.Renovations transform classic Spanish designBuilt in the early 1930s, the two-storey home retains many features of classic Spanish Revival architecture. These include arched doorways, wrought-iron details, original tile work, and exposed wooden ceiling beams. According to property listings and reporting by the Los Angeles Times, Mitchell updated the interior while keeping its orig...