Some of Los Angeles’s Most Expensive Real Estate Is Burning

Los Angeles is among the most densely populated cities in the United States, and its layout is compounding property losses. The city and surrounding towns also have some of the most expensive real estate in the country.

In Pacific Palisades, the median sale price for a home was $3.3 million in December, according to Redfin. The neighborhood is dotted with homes that belong to celebrities including Tom Hanks and Rita Wilson, Ben Affleck, Jennifer Aniston and Bradley Cooper.

On Tuesday, Spencer Pratt, a reality television star known for his appearance on “The Hills,” posted video on TikTok of flames approaching the back of the Pacific Palisades property that he shared with his wife and fellow reality star, Heidi Montag. TMZ later reported that the couple’s home was completely consumed.

In Altadena, site of the Eaton fire, the median home price in December was $1.3 million, according to Rocket Homes; in Sylmar, site of the Hurst fire, it was $760,000 in December, according to Redfin. Altadena, where the fire had doubled in size in just a handful of hours, is home to more than 40,000 residents. In Sylmar, the population is around 80,000.

David Barrett, a fire commander and executive director of My Safe LA, a nonprofit focused on fire safety education, said it was too early to make predictions about how much real estate had been destroyed.

“The fire fight is still ongoing,” he said. “Anything anyone says about the number of homes lost is really premature.”

But, he said, the toll would likely be higher than that of the Bel Air Fire, a 1961 disaster that destroyed 484 homes.

Related Posts

Jennifer Aniston’s Rare Red Carpet Misstep Sparks Fashion Buzz

Jennifer Aniston, often celebrated for her effortless glamour and timeless sense of style, is a name that has become synonymous with fashion elegance in Hollywood. From her…

Jennifer Aniston Turns Heads in Stunning Navy Lace Beach Look

Jennifer Aniston once again proved why she remains a timeless icon of beauty and sophistication. The beloved actress recently made waves on a sunlit beach, radiating elegance…

Jennifer Aniston’s Tearful Oscar Tribute Overshadowed by Bill Paxton’s Absence

The Oscars’ “In Memoriam” segment is always one of the ceremony’s most emotional moments, a time when Hollywood pauses to reflect on the talents it has lost….

Jennifer Transforms Into the Ice Queen in a Dazzling Winter Reinvention

In a breathtaking artistic leap, Jennifer has taken on one of her most transformative roles yet—embodying the mysterious and majestic Ice Goddess. With a captivating blend of…

Matthew Perry’s Ketamine Death Sparks Ongoing Police Investigation

Matthew Perry, beloved for his iconic portrayal of Chandler Bing in the hit sitcom Friends, passed away unexpectedly at age 54 in October 2023. The actor’s death,…

Jennifer Aniston Shines Brighter Than Ever in Award-Worthy Turn on “The Morning Show”

Jennifer Aniston is no stranger to critical acclaim, but her electrifying performance in the third season of Apple TV+'s The Morning Show is earning her some of…