When you buy in a down market and sell in a record market…..well that’s appreciation and this is a great example of that. 4104 Highland is currently on the market at $2,800,000. The last time it was on the market was when it sold in 2011 for $1,071,000. The owners have definitely done a nice cosmetic remodel and it has a much brighter and lighter “beach” feel. 10 years and over $1.7M increase later…..now that’s a nice investment. The home is a 3 bedroom 3 1/2 bath single family with approximately 2560 square feel with huge ocean views. The challenges are a small lot and the location being right on Highland which is a commuter thoroughfare and pretty high traffic. The views just might make up for that.
4104 Highland Ave – Listed for $2,800,000
Listing courtesy ofBrett Zebrowski – Palm Realty Boutique, Inc. – 310-545-2490