Lindsay Lohan a whiz-kid at real-estate!
The actor seems to have developed an acute business sense at a very tender age, when it comes to real estate.Updated: Aug 24, 2006 17:13 IST
Actress Lindsay Lohan is only 20, but she seems to have developed an acute business sense when it comes to real estate.
The Mean Girl star has put her three-bedroom condominium, in Sierra Towers - which she purchased in 2005 for $1.9 million - on the market for $2.85 million, which means she will make a cool million dollar profit in just a year.
A Los Angeles real estate told American publication People, "It was an investment. She'll make a nice turnaround."
Contactmusic reports that Lohan has been living at the famed Chateau Marmont hotel just down the street, as the works of rennovation went in her new house.
But she apparently changed her mind, and decided to sell up rather than bringing it to her own use.
First Published: Aug 24, 2006 17:13 IST