{"id":140308,"date":"2025-02-12T00:51:51","date_gmt":"2025-02-11T17:51:51","guid":{"rendered":"https:\/\/hotvideos24.online\/?p=140308"},"modified":"2025-02-12T00:51:51","modified_gmt":"2025-02-11T17:51:51","slug":"fire-ravaged-pacific-palisades-lot-sells-for-over-1-million-after-home-reduced-to-ashes-by-wildfires","status":"publish","type":"post","link":"https:\/\/hotvideos24.online\/?p=140308","title":{"rendered":"Fire-ravaged Pacific Palisades lot sells for over $1 million after home reduced to ashes by wildfires"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<\/p>\n<div>\n<div class=\"featured featured-video video-ct\">\n<div class=\"video-wrapper\">\n<div class=\"video-container\">\n<div data-widget-type=\"embed\" data-video-id=\"fmc-vpe4l1jyk89b84um\" class=\"m video-player\"><a href=\"\" class=\"video-link\"><span class=\"overlay\"\/> <picture><source media=\"(max-width: 767px)\" width=\"640\" height=\"358\" srcset=\"https:\/\/images.foxweather.com\/static-media.fox.com\/fmc\/prod\/weather\/37510096739\/320\/179\/dpbaxejzujbtzvkn.jpg?ve=1&amp;tl=1, https:\/\/images.foxweather.com\/static-media.fox.com\/fmc\/prod\/weather\/37510096739\/640\/358\/dpbaxejzujbtzvkn.jpg?ve=1&amp;tl=1 2x\"><source media=\"(min-width: 768px) and (max-width: 1023px)\" width=\"1536\" height=\"864\" srcset=\"https:\/\/images.foxweather.com\/static-media.fox.com\/fmc\/prod\/weather\/37510096739\/768\/432\/dpbaxejzujbtzvkn.jpg?ve=1&amp;tl=1, https:\/\/images.foxweather.com\/static-media.fox.com\/fmc\/prod\/weather\/37510096739\/1536\/864\/dpbaxejzujbtzvkn.jpg?ve=1&amp;tl=1 2x\"><source media=\"(min-width: 1024px)\" width=\"1984\" height=\"1116\" srcset=\"https:\/\/images.foxweather.com\/static-media.fox.com\/fmc\/prod\/weather\/37510096739\/992\/558\/dpbaxejzujbtzvkn.jpg?ve=1&amp;tl=1, https:\/\/images.foxweather.com\/static-media.fox.com\/fmc\/prod\/weather\/37510096739\/1984\/1116\/dpbaxejzujbtzvkn.jpg?ve=1&amp;tl=1 2x\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/images.foxweather.com\/static-media.fox.com\/fmc\/prod\/weather\/37510096739\/992\/558\/dpbaxejzujbtzvkn.jpg?ve=1&amp;tl=1\" alt=\"Southern California's recent wildfires have exacerbated the housing crisis, causing rental prices and home values to skyrocket. This surge is making it extremely difficult for families displaced by the fires to find stable housing as they try to rebuild their lives. FOX Weather is joined by Laura Adams, senior analyst at AceableAgent.com.\" width=\"992\" height=\"558\"\/><\/source><\/source><\/source><\/picture><\/a> <!----><\/div>\n<\/div>\n<div class=\"info\">\n<div class=\"caption\">\n<p class=\"sub-text\">Southern California&#8217;s recent wildfires have exacerbated the housing crisis, causing rental prices and home values to skyrocket. This surge is making it extremely difficult for families displaced by the fires to find stable housing as they try to rebuild their lives. FOX Weather is joined by Laura Adams, senior analyst at AceableAgent.com.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p data-v-438398f6=\"\"><strong>PACIFIC PALISADES, Calif. <\/strong>\u2013 The charred remains of a <a href=\"https:\/\/www.foxweather.com\/local-weather\/california\/los-angeles\" target=\"_blank\" rel=\"noopener\">Los Angeles<\/a>-area <a href=\"https:\/\/www.foxweather.com\/category\/home\" target=\"_blank\" rel=\"noopener\">home<\/a>, now just a spacious lot, have found a buyer willing to pay over $1 million, the property&#8217;s listing agent reports.<\/p>\n<p data-v-438398f6=\"\">Days after the devastating Jan. 7 <a href=\"https:\/\/www.foxweather.com\/category\/wildfires\" target=\"_blank\" rel=\"noopener\">wildfires<\/a> in Southern <a href=\"https:\/\/www.foxweather.com\/category\/california\" target=\"_blank\" rel=\"noopener\">California<\/a>&#8216;s Pacific Palisades, <a href=\"https:\/\/www.realtor.com\/realestateandhomes-detail\/17126-Avenida-De-La-Herradura_Pacific-Palisades_CA_90272_M11322-92298\" target=\"_blank\" rel=\"nofollow noopener\">the 9,932-square-foot piece of land where a four-bedroom, three-bath abode once stood hit the market for $999,000<\/a>.\u00a0<\/p>\n<p data-v-438398f6=\"\"><a href=\"https:\/\/www.foxweather.com\/lifestyle\/southern-california-wildfires-los-angeles-rent-home-price\" target=\"_blank\" rel=\"noopener\"><strong>RELENTLESS CALIFORNIA WILDFIRES FUEL LOS ANGELES HOUSING CRISIS DRIVING UP RENTS, PRICES<\/strong><\/a><\/p>\n<div class=\"featured featured-image component-center\">\n<div class=\"m\"><picture><source media=\"(max-width: 767px)\" srcset=\"https:\/\/images.foxweather.com\/static.foxweather.com\/www.foxweather.com\/content\/uploads\/2025\/02\/288\/162\/gettyimages-2196032017.jpg?ve=1&amp;tl=1, https:\/\/images.foxweather.com\/static.foxweather.com\/www.foxweather.com\/content\/uploads\/2025\/02\/576\/324\/gettyimages-2196032017.jpg?ve=1&amp;tl=1 2x\" width=\"576\" height=\"324\"><source media=\"(min-width: 768px) and (max-width: 1023px)\" srcset=\"https:\/\/images.foxweather.com\/static.foxweather.com\/www.foxweather.com\/content\/uploads\/2025\/02\/720\/405\/gettyimages-2196032017.jpg?ve=1&amp;tl=1, https:\/\/images.foxweather.com\/static.foxweather.com\/www.foxweather.com\/content\/uploads\/2025\/02\/1440\/810\/gettyimages-2196032017.jpg?ve=1&amp;tl=1 2x\" width=\"1440\" height=\"810\"><source media=\"(min-width: 1024px)\" srcset=\"https:\/\/images.foxweather.com\/static.foxweather.com\/www.foxweather.com\/content\/uploads\/2025\/02\/668\/376\/gettyimages-2196032017.jpg?ve=1&amp;tl=1, https:\/\/images.foxweather.com\/static.foxweather.com\/www.foxweather.com\/content\/uploads\/2025\/02\/1336\/752\/gettyimages-2196032017.jpg?ve=1&amp;tl=1 2x\" width=\"1336\" height=\"752\"><img loading=\"lazy\" decoding=\"async\" width=\"668\" height=\"376\" src=\"https:\/\/images.foxweather.com\/static.foxweather.com\/www.foxweather.com\/content\/uploads\/2025\/02\/668\/376\/gettyimages-2196032017.jpg?ve=1&amp;tl=1\" alt=\"An aerial image shows homes damaged and destroyed by the Palisades Fire in the Pacific Palisades neighborhood of Los Angeles, California, on January 29, 2025.\"\/><\/source><\/source><\/source><\/picture><\/div>\n<div class=\"info\">\n<div class=\"caption\">\n<p class=\"title\">An aerial image shows homes damaged and destroyed by the Palisades Fire in the Pacific Palisades neighborhood of Los Angeles, California, on January 29, 2025.<\/p>\n<p class=\"sub-text\"><strong> (PATRICK T. FALLON\/AFP via Getty Images)<\/strong><\/p>\n<\/div>\n<\/div>\n<\/div>\n<p data-v-438398f6=\"\">The homeowner decided not to rebuild after fires tore through the coastal community, destroying hundreds of structures and leaving dozens of evacuated residents without homes to return to, according to Richard Schulman of Schulman Team\/KW Advisors, speaking to <a href=\"https:\/\/www.realtor.com\/news\/unique-homes\/california-fire-ravaged-lot-in-pacific-palisades-finds-a-buyer\/\" target=\"_blank\" rel=\"nofollow noopener\">Realtor.com<\/a>.\u00a0<\/p>\n<p data-v-438398f6=\"\">&#8220;For her, it\u2019s an easy decision and this made the most sense for her,&#8221; he said. &#8220;She was absolutely clear she was not going to rebuild. She\u2019s staying nearby.&#8221;<\/p>\n<p data-v-438398f6=\"\"><a href=\"https:\/\/www.foxweather.com\/weather-news\/palisades-eaton-wildfires\" target=\"_blank\" rel=\"noopener\"><strong>INSURED LOSSES FROM LOS ANGELES FIRESTORM ESTIMATED TO BE IN EXCESS OF $28 BILLION<\/strong><\/a><\/p>\n<div class=\"featured featured-image component-center\">\n<div class=\"m\"><picture><source media=\"(max-width: 767px)\" srcset=\"https:\/\/images.foxweather.com\/static.foxweather.com\/www.foxweather.com\/content\/uploads\/2025\/02\/288\/162\/home-for-sale.jpg?ve=1&amp;tl=1, https:\/\/images.foxweather.com\/static.foxweather.com\/www.foxweather.com\/content\/uploads\/2025\/02\/576\/324\/home-for-sale.jpg?ve=1&amp;tl=1 2x\" width=\"576\" height=\"324\"><source media=\"(min-width: 768px) and (max-width: 1023px)\" srcset=\"https:\/\/images.foxweather.com\/static.foxweather.com\/www.foxweather.com\/content\/uploads\/2025\/02\/720\/405\/home-for-sale.jpg?ve=1&amp;tl=1, https:\/\/images.foxweather.com\/static.foxweather.com\/www.foxweather.com\/content\/uploads\/2025\/02\/1440\/810\/home-for-sale.jpg?ve=1&amp;tl=1 2x\" width=\"1440\" height=\"810\"><source media=\"(min-width: 1024px)\" srcset=\"https:\/\/images.foxweather.com\/static.foxweather.com\/www.foxweather.com\/content\/uploads\/2025\/02\/668\/376\/home-for-sale.jpg?ve=1&amp;tl=1, https:\/\/images.foxweather.com\/static.foxweather.com\/www.foxweather.com\/content\/uploads\/2025\/02\/1336\/752\/home-for-sale.jpg?ve=1&amp;tl=1 2x\" width=\"1336\" height=\"752\"><img loading=\"lazy\" decoding=\"async\" width=\"668\" height=\"376\" src=\"https:\/\/images.foxweather.com\/static.foxweather.com\/www.foxweather.com\/content\/uploads\/2025\/02\/668\/376\/home-for-sale.jpg?ve=1&amp;tl=1\" alt=\"The 9,932-square-foot lot was listed for $999,000.\"\/><\/source><\/source><\/source><\/picture><\/div>\n<div class=\"info\">\n<div class=\"caption\">\n<p class=\"title\">The 9,932-square-foot lot was listed for $999,000.<\/p>\n<p class=\"sub-text\"><strong> (Google Maps via Realtor.com)<\/strong><\/p>\n<\/div>\n<\/div>\n<\/div>\n<p data-v-438398f6=\"\">Schulman adds that the seller purchased the home for $1.54 million in 2005 and has lived there since. He described the buyer as a local investor who plans to develop the property. However, the timeline for rebuilding remains uncertain.\u00a0<\/p>\n<p data-v-438398f6=\"\"><a href=\"https:\/\/www.foxweather.com\/lifestyle\/california-wildfires-firewives-community-support-family\" target=\"_blank\" rel=\"noopener\"><strong>WAITING FOR DADDY: TOLL OF CALIFORNIA WILDFIRES HANGS HEAVY ON FIREFIGHTERS&#8217; FAMILIES<\/strong><\/a><\/p>\n<div class=\"featured featured-video video-ct\">\n<div class=\"video-wrapper\">\n<div class=\"video-container\">\n<div data-widget-type=\"embed\" data-video-id=\"fmc-iprt3i8ln1kg0j0q\" class=\"m video-player\"><a href=\"\" class=\"video-link\"><span class=\"overlay\"\/> <picture><source media=\"(max-width: 767px)\" width=\"640\" height=\"358\" srcset=\"https:\/\/images.foxweather.com\/static-media.fox.com\/fmc\/prod\/weather\/37199899056\/320\/179\/fufxowh5m2lq3u9l.jpg?ve=1&amp;tl=1, https:\/\/images.foxweather.com\/static-media.fox.com\/fmc\/prod\/weather\/37199899056\/640\/358\/fufxowh5m2lq3u9l.jpg?ve=1&amp;tl=1 2x\"><source media=\"(min-width: 768px) and (max-width: 1023px)\" width=\"1536\" height=\"864\" srcset=\"https:\/\/images.foxweather.com\/static-media.fox.com\/fmc\/prod\/weather\/37199899056\/768\/432\/fufxowh5m2lq3u9l.jpg?ve=1&amp;tl=1, https:\/\/images.foxweather.com\/static-media.fox.com\/fmc\/prod\/weather\/37199899056\/1536\/864\/fufxowh5m2lq3u9l.jpg?ve=1&amp;tl=1 2x\"><source media=\"(min-width: 1024px)\" width=\"1984\" height=\"1116\" srcset=\"https:\/\/images.foxweather.com\/static-media.fox.com\/fmc\/prod\/weather\/37199899056\/992\/558\/fufxowh5m2lq3u9l.jpg?ve=1&amp;tl=1, https:\/\/images.foxweather.com\/static-media.fox.com\/fmc\/prod\/weather\/37199899056\/1984\/1116\/fufxowh5m2lq3u9l.jpg?ve=1&amp;tl=1 2x\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/images.foxweather.com\/static-media.fox.com\/fmc\/prod\/weather\/37199899056\/992\/558\/fufxowh5m2lq3u9l.jpg?ve=1&amp;tl=1\" alt=\"Destroyed homes and scorched palm trees and vegetation are left behind in drone video of Malibu after the Palisades Fire. \" width=\"992\" height=\"558\"\/><\/source><\/source><\/source><\/picture><\/a> <!----><\/div>\n<\/div>\n<div class=\"info\">\n<div class=\"caption\">\n<p class=\"sub-text\">Destroyed homes and scorched palm trees and vegetation are left behind in drone video of Malibu after the Palisades Fire. <\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p data-v-438398f6=\"\">&#8220;We don\u2019t know the timeline for cleanup, and we don\u2019t know the cost for cleanup \u2026 and (the) timeline for permitting. There\u2019s still not any access to the properties in this area,&#8221; he said. &#8220;There are huge question marks about that.&#8221;<\/p>\n<p data-v-438398f6=\"\">Despite these challenges, Schulman said the lot&#8217;s prime location in a private, coastal cul-de-sac attracted significant interest, with 70-80 inquiries, primarily from out-of-area investors.\u00a0<\/p>\n<p data-v-438398f6=\"\">The widespread destruction caused by the Palisades and Eaton fires has not diminished the appeal of the inferno-ravaged areas, as evidenced by Schulman&#8217;s pending sale. These fires, which impacted Los Angeles County, burned over 57,000 acres and tragically took 29 lives, according to CAL FIRE.<\/p>\n<p data-v-438398f6=\"\"><a href=\"https:\/\/www.foxweather.com\/lifestyle\/los-angeles-california-pacific-palisades-wildfire\" target=\"_blank\" rel=\"noopener\"><strong>STRANGERS GIVE HOPE TO LOS ANGELES SINGLE MOTHER AFTER HURRICANE OF FIRE TAKES EVERYTHING<\/strong><\/a><\/p>\n<div class=\"featured featured-video video-ct\">\n<div class=\"video-wrapper\">\n<div class=\"info\">\n<div class=\"caption\">\n<p class=\"sub-text\">FOX Weather&#8217;s Robert Ray recorded this video of the aftermath of the Palisades Fire that ripped through parts of the Los Angeles metro area.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p data-v-438398f6=\"\">The fires are <a href=\"https:\/\/newsroom.ucla.edu\/releases\/los-angeles-wildfires-caused-up-to-164-billion-in-property-capital-losses\" target=\"_blank\" rel=\"nofollow noopener\">estimated to have resulted in up to $164 billion in property and financial losses<\/a>, damaged over 12,300 structures and displaced over 80,000 people, <a href=\"https:\/\/www.foxweather.com\/lifestyle\/southern-california-wildfires-los-angeles-rent-home-price\" target=\"_blank\" rel=\"noopener\">further compounding California\u2019s housing crisis<\/a>.<\/p>\n<p data-v-438398f6=\"\">Schulman said his listing is likely the only one currently on the market in Pacific Palisades, and he&#8217;s unaware of any off-market land sales. Other fire-ravaged properties are also attracting interest, with three land parcels currently listed in nearby <a href=\"https:\/\/www.foxweather.com\/local-weather\/california\/altadena\" target=\"_blank\" rel=\"noopener\">Altadena<\/a>.\u00a0<\/p>\n<p data-v-438398f6=\"\">&#8220;This is a great place to live. People realized that,&#8221; he said. &#8220;Despite what happened \u2026 this will be an amazing area again.&#8221;<\/p>\n<\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><div data-type=\"_mgwidget\" data-widget-id=\"1660802\">\r\n<\/div>\r\n<script>(function(w,q){w[q]=w[q]||[];w[q].push([\"_mgc.load\"])})(window,\"_mgq\");\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/www.foxweather.com\/lifestyle\/california-wildfires-palisades-eaton-home-sales-real-estate\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Southern California&#8217;s recent wildfires have exacerbated the housing crisis, causing rental prices and home values to skyrocket. This surge is making it extremely difficult for families displaced by the fires &hellip; <a href=\"https:\/\/hotvideos24.online\/?p=140308\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9472],"tags":[],"class_list":["post-140308","post","type-post","status-publish","format-standard","hentry","category-weather","entry"],"_links":{"self":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/140308","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=140308"}],"version-history":[{"count":0,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/140308\/revisions"}],"wp:attachment":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=140308"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=140308"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=140308"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}