Warren Buffett paid $150,000 for this O.C. home. Now he’s asking $11 million
Warren Buffett is ready to cash in a nearly 5-decade-old investment.
The 86-year-old business magnate has listed an ocean-view home in Laguna Beach for sale at $11 million. That’s quite a markup from the $150,000 Buffett paid for the property in 1971, property records show.The multilevel home, built in 1936 and remodeled during Buffett’s ownership, sits on a corner lot and has a view of Emerald Bay.
https://www.latimes.com/business/realestate/hot-property/la-fi-hp-hotprop-20170225-story.html
Warren Buffett is ready to cash in a nearly 5-decade-old investment.
The 86-year-old business magnate has listed an ocean-view home in Laguna Beach for sale at $11 million. That’s quite a markup from the $150,000 Buffett paid for the property in 1971, property records show.The multilevel home, built in 1936 and remodeled during Buffett’s ownership, sits on a corner lot and has a view of Emerald Bay.
https://www.latimes.com/business/realestate/hot-property/la-fi-hp-hotprop-20170225-story.html